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‘Michael’ sequel to get $30.8 million in California tax credits

Variety reports the sequel is one of 35 films approved for a combined $226 million in California incentives.

Jeff SneiderJS
Pop BasePB
Cinema SolaceCS
6 Sources, 2h ago, first seen 2h ago

TLDR

Variety reports that Lionsgate’s ‘Michael’ sequel will receive $30.8 million in California tax credits to shoot in the state. The original received $21 million in state credits and went on to gross more than $1 billion. The sequel’s credit will cover 35% of qualified costs, compared with 17.5% for the first film.

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6 Sources, first seen 2h ago

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Combined views

169.1K

6 Sources, first seen 2h ago

5.3K likes93 comments459 saves563 reposts
‘Michael’ sequel to get $30.8 million in California tax credits
Image: Lionsgate

California has approved $30.8 million in state tax incentives for Lionsgate's sequel to "Michael," according to Variety. The film is one of 35 projects receiving a combined $226 million in the latest round of California Film Commission approvals.

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The first "Michael" received $21 million in state credits before earning more than $1 billion at the box office, Variety reported. For the sequel, California's credit will cover 35% of qualified costs, up from 17.5% for the original.

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Variety

‘Michael’ Sequel to Get $31 Million in California Tax Credits

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Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

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Variety

‘Michael’ Sequel to Get $31 Million in California Tax Credits

Governor of California

Governor Newsom announces 35 new films coming to California as independent filmmaking surges and iconic franchises return | Governor of California

The Hollywood Reporter

Pixar, Lionsgate and Paramount Nab $100 Million in California Tax Credits

Variety Australia

‘Michael’ Sequel: Lionsgate Film Chief Promises ‘A Big and Satisfying Movie’

Useful Links

Variety

‘Michael’ Sequel to Get $31 Million in California Tax Credits

Governor of California

Governor Newsom announces 35 new films coming to California as independent filmmaking surges and iconic franchises return | Governor of California

The Hollywood Reporter

Pixar, Lionsgate and Paramount Nab $100 Million in California Tax Credits

Variety Australia

‘Michael’ Sequel: Lionsgate Film Chief Promises ‘A Big and Satisfying Movie’

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7 Sources

Variety‘Michael’ Sequel to Get $31 Million in California Tax Credits2h
Jeff Sneider@TheInSneiderBREAKING: Lionsgate has been awarded a $30.8 million tax credit from California to shoot MICHAEL 2 in the state.2h
Pop Base@PopBaseLionsgate will receive a $30.8 million tax credit from the state of California to film ‘MICHAEL 2’ in the state. (https://variety.com/2026/film/news/michael-2-california-tax-credits-1236903912/)1h
Cinema Solace@SolaceCinema‘MICHAEL 2’ receives a $30.8M tax credit to film in California. Filming is expected to begin next year.1h
ScreenPulse@TheScreenPulseLionsgate has secured $30.8 million in California state tax credits to shoot the sequel to its $1 billion-grossing Michael Jackson biopic, ‘MICHAEL’, in the state! (Via: @Variety)1h
Global Box Office@GlobalBoxOfficeMICHAEL 2 has earned a $30.8M tax credit from California to shoot in Hollywood. Lionsgate is rumored to release it in 2028, same year Sony will distribute THE BEATLES biopic. It’s unclear if Lionsgate will give Universal a license to handle overseas.1h
LAT Entertainment@latimesentA new Pixar film and the sequel to 'Michael' will receive tax credits from California https://www.latimes.com/entertainment-arts/business/story/2026-10-07/new-pixar-film-sequel-to-michael-will-receive-tax-credits-from-california21m
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    7 Sources

    Variety‘Michael’ Sequel to Get $31 Million in California Tax Credits2h
    Jeff Sneider@TheInSneiderBREAKING: Lionsgate has been awarded a $30.8 million tax credit from California to shoot MICHAEL 2 in the state.2h
    Pop Base@PopBaseLionsgate will receive a $30.8 million tax credit from the state of California to film ‘MICHAEL 2’ in the state. (https://variety.com/2026/film/news/michael-2-california-tax-credits-1236903912/)1h
    Cinema Solace@SolaceCinema‘MICHAEL 2’ receives a $30.8M tax credit to film in California. Filming is expected to begin next year.1h
    ScreenPulse@TheScreenPulseLionsgate has secured $30.8 million in California state tax credits to shoot the sequel to its $1 billion-grossing Michael Jackson biopic, ‘MICHAEL’, in the state! (Via: @Variety)1h
    Global Box Office@GlobalBoxOfficeMICHAEL 2 has earned a $30.8M tax credit from California to shoot in Hollywood. Lionsgate is rumored to release it in 2028, same year Sony will distribute THE BEATLES biopic. It’s unclear if Lionsgate will give Universal a license to handle overseas.1h
    LAT Entertainment@latimesentA new Pixar film and the sequel to 'Michael' will receive tax credits from California https://www.latimes.com/entertainment-arts/business/story/2026-10-07/new-pixar-film-sequel-to-michael-will-receive-tax-credits-from-california21m
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