Governor Newsom announces next round of film and TV tax credits, hit series Baywatch returning to California
17 television projects selected in latest round of expanded Film & Television Tax Credit Program, set to generate $1.2 billion in statewide economic activity
What you need to know: The Governor is announcing that 17 television projects — including the reimagined hit series Baywatch and relocated The Night Agent — will receive awards through California’s newly expanded Film and Television Tax Credit Program, helping spur jobs and reinforce California’s status as the world’s entertainment capital.
SACRAMENTO – Governor Gavin Newsom announced today the selection of 17 TV projects for the latest round of awards through California's Film and Television Tax Credit Program, which will collectively bring an expected $1.2 billion into the state’s economy. This round brings the total economic impact from the first two TV windows of Program 4.0 to over $2.5 billion, as California continues to retain and grow its entertainment workforce and bring high-value, long-run television series back home.
“California’s creative economy isn’t just part of who we are — it helps power this state forward. From the folks on the soundstage to the people designing the sets, these are jobs that anchor communities. And when we make smart investments like our film tax credit, we’re keeping talent here at home, supporting good-paying union jobs, and strengthening an industry that defines the California brand. I’m proud to see the return of Baywatch where it belongs — on sunny California shores, creating jobs and fueling the very entertainment economy that sets this state apart.” Governor Gavin Newsom