Entertainment & Sports
Nov. 19, 2024
Newsom's tax credit gamble to boost California's entertainment industry
Amid high living costs and talent retention issues, Governor Newsom's plan to incentivize local production could stabilize California's entertainment workforce and provide an economic boost following the 2023 SAG-AFTRA and WGA strikes.
Rami S. Yanni
Partner
Raines Feldman Littrell LLP
Rami Yanni is an attorney with over 30 years of experience advising media, entertainment, multinational and emerging growth companies, as well as individuals. His expertise includes intellectual property and entertainment transactions, licensing, acquisitions, portfolio management, and anti-piracy matters. Throughout his career, he has negotiated hundreds of agreements across various industries, representing major motion picture studios and television networks on copyright and trademark matters. Rami is also adjunct faculty teaching intellectual property at USC Gould School of Law.
Sami Kazi
Associate
Raines Feldman Littrell LLP
Sami Kazi is an entertainment and intellectual property attorney specializing in representing recording artists, songwriters, producers, and industry professionals. His practice encompasses music, trademark and copyright matters, with a focus on both traditional media and emerging markets including anime and digital entertainment.
California has long been synonymous with the entertainment industry, but its dominance is increasingly challenged as productions flock to tax-friendly hubs like Georgia, Canada, and Eastern Europe. In response, California Gov. Gavin Newsom has proposed an expansion of California's Film & Television Tax Credit Program from $330 million to $750 million annually. This initiative, administered by the California Film Commission, seeks to reaffirm California's role as the enter...
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