Amidst a competitive global landscape, the film and television industry in New York faces significant challenges. Industry leaders advocate for robust tax incentives to retain production within the state, emphasizing the economic and cultural impact of local filmmaking. The proposed enhancements aim to secure New York's position as a premier destination for filmmakers and producers.

Empowering Filmmakers and Revitalizing Local Economies

A Thriving Industry at Risk

The film and television sector has long been a cornerstone of New York's economy, providing stable employment for thousands of workers. However, recent years have seen a troubling decline in production activity. Santiago Quinones, a seasoned line producer known for his work on "Blue Bloods," testified before the State Senate Committee on Commerce, Economic Development, and Small Business. He highlighted the unprecedented drop in production levels over the past year, noting that it was the first time in his extensive career that he had witnessed such a significant slowdown.Quinones emphasized the ripple effects of this downturn. For instance, the wrap-up of "Blue Bloods" after 14 seasons left many crew members without immediate prospects. Over 90% of his team continues to seek new opportunities, underscoring the urgent need for policy changes to revitalize the industry. This situation is not unique; similar patterns are emerging across the board, driven by factors like the pandemic, labor strikes, and broader shifts in media consumption.

Competing with Global Giants

New York's film and television industry must contend with fierce competition from other regions offering more attractive incentives. States like Georgia and countries such as Canada have established themselves as go-to destinations for major productions. Quinones pointed out that Georgia's above-the-line incentives for actors and writers have made it a preferred location for high-profile projects. As streaming platforms increasingly prioritize star-studded casts, these incentives become even more critical.The shift towards streaming content has fundamentally altered the business model. To attract big names like Sylvester Stallone, production companies require financial support that New York's current incentives cannot provide. Consequently, many productions opt for locations where they can afford both top-tier talent and robust infrastructure. Without competitive tax breaks, New York risks losing its status as a leading hub for television and film.

Economic Benefits Beyond Entertainment

The importance of film and television production extends beyond the screen. These projects inject substantial resources into local economies, supporting small businesses and fostering community development. Greenpoint, Brooklyn, for example, benefited immensely from the filming of "Blue Bloods." The influx of production activity revitalized the area, creating jobs and stimulating commerce.Quinones stressed that enhancing tax incentives would not only draw more productions to New York but also ensure the sustainability of middle-class jobs. Many of these positions are unionized, offering stability and benefits that contribute positively to the workforce. Moreover, the presence of vibrant film and television industries enhances the cultural fabric of communities, making them more attractive places to live and work.

Industry Support and Legislative Momentum

The push for enhanced incentives has garnered widespread support from various stakeholders. Studio owners and representatives from approximately 20 film and television production sound stages across New York have voiced their backing. They recognize the essential role of tax incentives in driving economic activity and ensuring the success of their businesses. Providing spaces for everything from blockbuster films to independent content, these studios are integral to the industry's ecosystem.The New York Film Coalition has also rallied behind the initiative, collecting over 750 signatures in support of expanded incentives. This grassroots effort underscores the collective desire to strengthen the state's film and television sector. Legislators now face the task of approving these enhancements, which could be included in the fiscal 2026 budget starting in April. If passed, these measures could reposition New York as an unparalleled destination for filmmakers and producers.

A Call to Action for Policy Makers

As New York's film and television industry navigates challenging times, the call for action grows louder. Industry leaders argue that robust tax incentives are not just beneficial—they are necessary. By investing in the sector, policymakers can safeguard jobs, stimulate local economies, and preserve New York's rich cultural heritage. Quinones' testimony serves as a reminder that the future of the industry hinges on decisive legislative action. All things being equal, there is no place quite like New York, and it deserves the support to remain a beacon for creativity and innovation.