Business Trend. No to Film Incentives. #1 reason why.

Company: Netflix

Netflix’s position on film incentives: Invest in infrastructure over incentives

Netflix’s rational for not chaing film tax incentives:

  • chasing tax incentives in other states produces diminishing returns on screen
  • tough on workers
  • grinds on talent

The Wrap | Netflix Plans to Move Productions to California, ‘Invest in Infrastructure,’ Ted Sarandos Says (Exclusive)