I doubt the Connecticut incentive crossed their mind.” “They’re a multinational conglomerate - they made a decision based on money. Whoops! There was an error and we couldn't process your subscription. Steve Kaplan, a representative with The Animation Guild in Los Angeles, said animation studios in places like Atlanta, Portland and Vancouver perform a lot of contract work for Hollywood conglomerates, passing along local tax credits to the major studio - often as a condition of the contract.īut with so many tax credits available across states and around the world, Connecticut’s incentive program may not have even factored into Disney’s move to shutter Blue Sky Studios, Kaplan said. That’s raised questions about whether Connecticut should keep rolling out the red carpet for an industry that is characteristically fleeting.īeyond its home base in Hollywood, film and television production is driven by tax incentives.
The most recent installment - a $32 million tax credit payment - was disbursed less than two weeks before corporate parent Disney announced it was closing the shop. The move came after more than a decade of state support for Blue Sky Studios, in the form of hundreds of millions of Connecticut taxpayer dollars in incentives aimed at creating and retaining jobs and economic activity.
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