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2025-05-06 12:37:52

echobridge on Nostr: Can confirm. The US film and entertainment industry is heavily reliant on tax ...

Can confirm.

The US film and entertainment industry is heavily reliant on tax subsidies. Has been for decades.

Foreign nations attract productions on tax rebates and credits. US states, like Georgia, do too.

States will need to get agressive with their tax incentives. But thats a double edge sword as productions that take tax money will be creatively beheld by the state.

This is how the creative industry dies: in a race to the bottom.

Production companies need Bitcoin. Now.
Too late. Its dead.
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npub1sehtsfzsjcdrpt7u0jxrfwymur96nr5y88svqtt30ha8vgre7c5q08agz7