{"id":2454884,"date":"2025-07-02T17:14:01","date_gmt":"2025-07-02T21:14:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gavin-newsom-signs-750m-tax-credit-for-film-and-tv-made-in-california-washington-examiner\/"},"modified":"2025-07-02T17:14:51","modified_gmt":"2025-07-02T21:14:51","slug":"gavin-newsom-signs-750m-tax-credit-for-film-and-tv-made-in-california-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gavin-newsom-signs-750m-tax-credit-for-film-and-tv-made-in-california-washington-examiner\/","title":{"rendered":"Gavin Newsom signs $750M tax credit for film and TV made in California &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgavin-newsom-signs-750m-tax-credit-for-film-and-tv-made-in-california-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2454884&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>California Governor Gavin Newsom has signed a new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dave-mccormick-touts-proposed-pro-family-tax-credit-for-ivf-expenses-washington-examiner\/\" title=\"Dave McCormick touts proposed \u2018pro-family\u2019 ... for IVF expenses - Washington Examiner\">tax credit initiative<\/a> that allocates $750 million to support the film and television industry in the state. This new measure doubles the existing tax credit of $330 million and aims to boost the entertainment sector,described by Newsom as a significant aspect of los Angeles&#8217; renewal. In a press conference, Newsom expressed hope for collaboration with President Donald Trump to secure further <a href=\"https:\/\/amzn.to\/3YuVZYV\" >tax incentives amounting<\/a> to $7.5 billion for the industry.The governor announced that the application window for the new tax credit will open soon, coinciding with the six-month anniversary of the Southern California wildfires, highlighting its importance in aiding the state&#8217;s recovery. Additionally,the Trump governance announced a 100% tariff on foreign-made films to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oil-gas-industry-other-stakeholders-oil-reserve-release-temporary-real-relief-calls-for-domestic-energy-production\/\" title=\"Oil, Gas ..., Other Stakeholders: Oil Reserve Release Temporary, Real Relief Calls for Domestic Energy Production\">encourage domestic production<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Gavin Newsom signs $750M tax credit for film and TV made in California<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2163571\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Gov. <a href=\"https:\/\/www.washingtonexaminer.com\/in_focus\/3459107\/gavin-newsom-crime-statistics-mislead-constituents\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Gavin Newsom<\/a> (D-CA) touted the $750 million tax credit for film and television made in his state, calling it a &ldquo;big part&rdquo; of the &ldquo;renewal&rdquo; for <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3460800\/trump-administration-approves-newsom-sba-loans-los-angeles\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Los Angeles<\/a>.<\/p>\n<p>Newsom&rsquo;s signature doubles the current tax credit of $330 million. The governor has also sought to work with President <a href=\"https:\/\/www.washingtonexaminer.com\/news\/washington-secrets\/3461108\/trump-stopped-issuing-regulations-another-promise-kept\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> to secure <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3402208\/trump-newsom-film-tax-credit\/\" target=\"_blank\" rel=\"noopener\" title=\"\">a $7.5 billion tax credit for the film and television industry<\/a>, with Newsom saying he wants to see Trump &ldquo;match the ambition&rdquo; that California is enacting.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3460481\/fox-news-ratings-second-highest-in-history\/\">Fox News sees second-highest rating in its history<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3458879\/martina-navratilova-j-k-rowling-slams-fantastic-four-star-trans-rights-debate\/\">Martina Navratilova defends J.K. Rowling, slams &#8216;Fantastic Four&#8217; star in ongoing trans rights debate<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3457494\/death-to-the-idf-chant-glastonbury-music-festival\/\">Death threat to IDF chanted at Glastonbury music festival prompts online outrage<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;And so I am hopeful that we in the partnership continue to work with the administration, and he recognizes the opportunity to reinforce the commitment we&rsquo;re making today in the great state of California,&rdquo; Newsom said in a Wednesday press conference.&nbsp;<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">LIVE NOW: Governor Newsom announces $750 million tax credit for film and TV made in California. <a href=\"https:\/\/t.co\/WxS708VYDr\">https:\/\/t.co\/WxS708VYDr<\/a><\/p>\n<p>&mdash; Governor Gavin Newsom (@CAgovernor) <a href=\"https:\/\/twitter.com\/CAgovernor\/status\/1940470581973209214?ref_src=twsrc%5Etfw\">July 2, 2025<\/a><\/p><\/blockquote>\n<p><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/div>\n<\/figure>\n<p>Newsom went on to say that the application window for the tax credit will open Monday, which marks the six-month anniversary of the start of the <a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/state\/3309135\/california-wildfires-fully-contained-month-efforts\/\" target=\"_blank\" rel=\"noopener\" title=\"\">wildfires<\/a> in Southern California. He added that this credit is playing a &ldquo;big part of that renewal&rdquo; for the state and Los Angeles.<\/p>\n<p>In May, Trump announced he would implement a<a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3400585\/trump-slaps-tariff-on-foreign-made-films\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> 100% tariff on foreign-made films<\/a>, lamenting how the movie industry in the United States is &ldquo;DYING a very fast death.&rdquo; The president warned that the tariff would affect &ldquo;any and all Movies coming into our Country that are produced in Foreign Lands,&rdquo; adding, &ldquo;WE WANT MOVIES MADE IN AMERICA, AGAIN!&rdquo;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/washington-secrets\/3459604\/federal-officials-eye-hollywood-discrimination-oscars-quota\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>FEDERAL OFFICIALS EYE HOLLYWOOD&rsquo;S DISCRIMINATION QUOTAS FOR OSCAR WINNERS<\/strong><\/a><\/p>\n<p>Since Trump&rsquo;s announcement, <a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3433753\/newsom-hollywood-ambassador-jon-voight\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Newsom has met with actor Jon Voight<\/a>, one of Trump&rsquo;s Hollywood ambassadors, to discuss the governor&rsquo;s effort to double California&rsquo;s film tax incentive and other factors. Voight, along with actors Mel Gibson and Sylvester Stallone, was recruited by Trump as<a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3289905\/trump-recruits-gibson-stallone-voight-hollywood-envoys\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> his special envoys from Hollywood<\/a>.&nbsp;&nbsp;<\/p>\n<p>Trump&rsquo;s proposed tariffs for foreign-made films were praised by International Brotherhood of Teamsters President Sean O&rsquo;Brien, who suggested that studios wishing to film outside the country <a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3402941\/trump-hollywood-tariffs-teamsters-sean-obrien\/\" target=\"_blank\" rel=\"noopener\" title=\"\">should &ldquo;pay a price.&rdquo;<\/a><\/p>\n<\/div>\n<p> <script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2163571\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2163571\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gavin Newsom signs $750M tax credit for California film and TV<\/p>\n","protected":false},"author":2632,"featured_media":2454885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/Gavin-Newsom-750-million-tax-credit-scaled-1024x754.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[4045,38152,32742,33054,32076],"class_list":["post-2454884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-california","tag-film-industry","tag-gavin-newsom","tag-tax-credit","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/Gavin-Newsom-750-million-tax-credit-scaled-1024x754.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2454884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2632"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2454884"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2454884\/revisions"}],"predecessor-version":[{"id":2454888,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2454884\/revisions\/2454888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2454885"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2454884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2454884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2454884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}