Utah gives tax incentives to two film companies
Two film companies are eligible to receive tax credits from the state after they complete making movies in the state this fall.
The Governor's Office of Economic Development (GOED) board approved post-performance tax incentives for:
• Minds i Cinema, which is shooting a feature film called "Dead Wrong" about a narcissist whose get-rich-quick scheme doesn't work out so well for the people around him.
• Under the Bed Productions, whose film "Under the Bed" is described as a suspense thriller.
"These are not large productions," noted Utah Film Commission Director Marshall Moore, "but both will be shooting during months in which the state's film industry was quiet last summer. These incentives, he added, "will keep the industry working."
Minds i Cinema is looking to do most of its photographic work between Sept. 8 and Oct. 10, employing a cast of 64, crew of 60 and 182 extras. The company expects to spend almost $1.6 million in Utah. It will be eligible for tax credits of $315,000 to $394,000, depending on several criteria in its contract with GOED.
Under the Bed Productions will be eligible for $220,000 to $275,000 in tax credits after finishing its movie, to be shot between July 7 and Aug. 1.
The show will have a cast of 14, crew of 52 and 60 extras. Company spending in Utah is projected at $1.1 million.
Moore also noted that "Granite Flats," BYUtv's first original scripted television drama series, was picked up for a third, eight-episode season that will be shot in Utah. The show generates about $900,000 per episode, he said.
In addition, in-state production begins June 24 on "Galantyne", a post-apocalyptic television program by director Ridley Scott. GOED officials hope it will become a long-lasting TV series, such as "Touched by an Angel."
The GOED board also gave $50,000 "fast-track rural" grants to Miller's Welding in Huntington, which will move into a previously empty building and hire three more welders, and to Wild West Retreat, which will hire two full-time workers for its cowboy-themed musical shows in Escalante. Wild West expects it will cost $225,000 to renovate a building in town.