Film industry

Georgian film industry sets another economic impact record

Last fiscal year was another record for the film industry in Georgia.

Film and television productions spent $4.4 billion in the Peach State in fiscal year 2022, which ended June 30, Gov. Brian Kemp announced Monday. That’s up from the previous record high of $4 billion set in fiscal 2021.

Georgia hosted 412 productions in the past fiscal year, including 32 feature films, 36 independent films, 269 television and episodic productions, 42 commercials and 33 music videos, according to the Georgia Film Office, which promotes and markets the industry in the state. .

“When the pandemic hit, we worked hard in Georgia to communicate with our partners in the Georgian film, television and streaming industries,” Kemp said.

“Together, we have forged a safe and proper path for the film industry to get back to business and deliver Georgia Made productions to eager consumers around the world – even as some states have continued to remain closed and stifle the industry back to normal.”

Films shot in Georgia won four of the top six spots for highest-grossing domestic films: “Avengers: Endgame” (No. 2), “Spider-Man: No Way Home” (3), “Black Panther” (5 ), and “Avengers: Infinity War” (6).

Episodic and limited-series streaming programming continued to choose Georgia for its hit shows, including season four of Netflix’s “Stranger Things,” Netflix’s “Ozark,” HBO Max’s “The Staircase,” “Loki from Disney+ and FX’s “Atlanta”.

The various productions are accompanied by the construction of studio complexes. Reynolds Capital is investing $60 million in Athena Studios, a new sound stage development in Athens.

Cinelease Studios-Three Ring broke ground on a $144 million studio expansion in Covington, and Capstone South Properties and Domain Capital Group are building the world’s first LEED Gold-certified film and television studio campus in Stone Mountain.

While developing the former Doraville GM site, Gray Television recently announced a new partnership with NBCUniversal Media (NBCU) to lease property for content creation as well as manage all production facilities, including Gray’s studios. .

The world’s largest studio equipment company for film, television and events, MBS Equipment Company (MBSE), opened its new East Coast headquarters at Trilith Studios in Fayette County last fall. .

“It is very gratifying to see the continued commitment to the Georgian film industry through local investment in sound stages, support service companies and educational programs across the state,” said Lee Thomas, director of the Georgia Film Office. “We extend a huge thank you to the businesses that have invested here and to the communities that work so hard to make movie dreams a reality for their local residents and economy.”

The only potential cloud on the horizon is Georgia’s “heartbeat” law banning most abortions after a fetal heartbeat is detected. The law went into effect following a court ruling late last month, prompting some film industry insiders to vow not to film in Georgia.

However, the generous tax credit the General Assembly passed for the film industry in 2008 continues to make filming in Georgia much cheaper than states such as California and New York, a financial reality that could blunt any momentum towards raising the stakes here.

This story comes to GPB through a reporting partnership with Capitol Beat News Service, a project of the Georgia Press Educational Foundation.