Wednesday, August 20, 2008

Marvel Studios to buy studio lot in LA, if...

The LA Times is reporting that 'Iron Man' director Jon Favreau and Governor Arnold Schwarzenegger are trying to push the state of California to offer tax breaks to film and television productions in an effort to keep these productions from moving their operations to other states. One bargaining chip Favreau has in his favor is the possibility that Marvel Studios may buy a studio in LA and film up to four movies there - if certain tax incentives are enacted.
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