Filmmaking budgets expected to exceed $500 million in 2021

Record Production in New Jersey

Trenton – The New Jersey Film and Television Commission announced today that after a very busy spring and summer and an unprecedented amount of production this fall, the state will spend over $500 million in film production in 2021. Did.

The record number of films shot in the state comes just three years after Governor Phil Murphy reinstated the Film and TV Tax Credit Program and less than a year after the program was expanded. I was. Incentive programs are comparable to any state in the country, and New Jersey’s growth in film and television is booming due to its diverse locations, proximity to New York, and abundance of trained film industry workers. has achieved

“New Jersey’s film production industry has experienced explosive growth over the past four years. Governor Phil Murphy said“It brings tremendous income to our cities and towns, creates thousands of jobs, and drives permanent brick-and-mortar development. ”

The record spending for film and television production comes a year after Covid-19 concerns effectively shut down the industry.

“It’s very exciting to see the film industry flourishing again in New Jersey.” Secretary of State Tahesha Wei said: “Major film and television production companies are investing in New Jersey’s economy, the creative local workers they hire, and the communities they choose to tell their stories. I can’t wait to see what happens on camera.”

“When Gov. Murphy signed the New Jersey Film and Digital Media Tax Credit, it marked the beginning of a renaissance in NJ’s film sector. “The government’s strategy is paying off big, as shown by the recent breakthrough of a new film studio in New Jersey Department of Economic Development CEO Tim Sullivan.

Projects to be shot in New Jersey over the next few months include the film Armageddon timefrom Focus Features, starring Robert De Niro, Cate Blanchett, and Anne Hathaway. Jules With Ben Kingsley and Jane Curtin.universal pictures Brother, Judd Apatow, starring Billy Eichner and Luke MacFarlane.killer films good person Featuring Florence Pugh and Morgan Freeman. Best beer run ever, Apple TV+ by Russell Crowe, Zac Efron and Bill Murray. something is wrong with rose From Paramount Pictures starring Sosie Bacon.and imperative entertainment cat person Nicholas Braun and Emilia Jones.

“In 2021, we expect to reach historic levels of annual film and television revenue.” According to Michael Uslan, chairman of the New Jersey Film and Television Commission,“The amount of studio, network and independent production that’s been going on here since January is staggering.”

This overproduction fueled a rush of studio development in New Jersey, attracting other ancillary businesses. 10 Basin Studios open in November. Leading lighting and grip supplier Insight Equipment opened facilities in Secaucus and Karlstadt in July, with other developments underway, including further expansions from Cinelease.

“Each major project has a huge financial impact on the state.said David Smith, Vice Chairman of the Commission. Filming for Hulu series Wu-Tang: An American Saga, Season 2, Poured about $58 million into local cities and towns. Universal Television spent nearly $100 million on him in New Jersey during the production of Season 1 for CBS. equalizer.

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