Scott Brownrigg’s Post

LA is eyeing a comeback for its film industry  —and it could impact local real estate. California's proposal to expand film tax credits from $350 million to $750 million annually aims to lure productions back to Hollywood, creating jobs and revitalizing the economy.  ~ Gov. Newsom hopes this boost will reverse years of film projects moving to other states like Georgia, leading to new local projects like East End Studios' 15-acre Arts District campus with office space and soundstages. The plan could help fill vacant office spaces and bring more business back to Main Street LA. #FilmTaxCredits #HollywoodComeback #LARealEstate #CaliforniaEconomy #EntertainmentIndustry #RealEstateBoost #LocalBusiness

Imagine a space where your ideas feel endless. Something new is on its way to Edit House Studios, designed to give your brand the room it deserves. Can you guess what it is? Exciting changes are happening here! Think beyond limits. #BigReveal #StayTuned #EditHouseStudios

How We Lock in Profits Before a Single Scene is Shot Securing returns in the film industry might seem like a gamble, but we’ve found a way to tip the odds in our favor before the cameras even start rolling. At Dream Catcher, we use a strategy known as pre-sales. This isn’t about hoping for box office success; it’s about locking in profits from the start. Pre-sales allow us to sell the distribution rights to films long before production begins. It’s like securing a buyer for a house before you’ve even laid the foundation. This approach provides a significant chunk of the film’s budget upfront, minimizing financial risk and ensuring that our investors have a clear, predictable path to returns. Why does this matter to you as an investor? It means that your investment isn’t left to chance. You’re not waiting to see how the public reacts to a film or crossing your fingers for good box office numbers. Instead, you’ve got revenue lined up from day one. It’s a strategy that turns the unpredictable world of film into something far more secure and reliable. We’ve seen this approach work time and again. By focusing on projects with strong pre-sale potential, we’ve been able to offer our investors stability and peace of mind, knowing that a significant portion of their investment is already accounted for. If you’re looking for an investment where you can see the returns lining up before the work even begins, let’s chat. We can explore how pre-sales might be the strategic move you’re looking for in the film industry. #FilmInvestment, #StrategicFinancing, #FilmProduction, #EntertainmentIndustry, #InvestmentOpportunity . https://lnkd.in/g2puKGzm Join our Investor Group!

Competition heats up.. but is it enough to compete? New studios are being built in NJ, NM and elsewhere just as other states (AZ, NV, MO) are launching their own credit programs. Both CA and NY are suffering a work shortage as much of the work is now moving elsewhere.. and both are considering changes to their programs. Will it be enough? We won't know until the legislation is presented, and approved - but this type of competition bodes well for your bottom line! https://lnkd.in/gN_cAC_5

This article includes concerning news on the LA film market. Still, I can't help but note that some important analysis is missing. Initial take-aways include: - I'm seeing consistent emphasis related to downward pressure on budgets, yet little discussion or acknowledgement that this industry has accepted inherent inefficiencies that most other industries would find unacceptable. While permit fees have increased, there is insufficient scrutiny of how sets are powered, whether equipment is optimized, and the inefficient implications of specific locations choices (or sequential vs block shoot planning). - It's not just a question of benefitting from jurisdictional tax incentives, it's also a look at how staying put with efficient planning can help contain costs while also underpinning studio climate objectives. - Where is the discussion on the cost of flying cast/crew away from LA? - We continue to externalize the Scope 3 emissions costs (both financial and environmental) from this discussion. - There's a need to link the discussion on jurisdictional tax incentives and implications of increased GHG emissions on studios and production companies that have increasingly detailed climate and environmental impact reduction goals. Such a link may help tilt the pendulum back towards keeping productions in LA. #sustainableproduction #filmproduction #LA #taxincentives #climatechange #thoughtleadership #changingtheclimateofentertainment #tvproduction #scope3 #sustainability

Did you know? 💡 Some of the biggest box office hits were movies whose premieres were postponed! A delay doesn’t always mean a setback—sometimes it builds even more anticipation. Here are a few examples: 🎬 "Top Gun: Maverick" (2022) – Originally set for release in 2019, this long-awaited sequel saw multiple delays before finally hitting theaters in 2022. The result? A massive $1.49 billion global box office success! 🎬 "No Time to Die" (2021) – After numerous delays, Daniel Craig’s final James Bond film overcame the pandemic and earned over $774 million worldwide. 🎬 "Avatar: The Way of Water" (2022) – With its release pushed back multiple times, the sequel to the highest-grossing film ever took its time but delivered, grossing $2.32 billion globally. These examples show that patience and strategy can pay off, turning delayed releases into major success stories. Sometimes, waiting really is worth it! 🤔 Interested in learning how to invest in the next big blockbuster? Discover exciting movie investment opportunities and be part of the action behind the scenes! 📲 Comment below the post or write me a direct message if you want to learn more.

It is a pivotal moment for Hollywood. And not only because of the fires that have recently ravaged our beautiful city. Rival content production markets have been offering larger and more flexible tax credits for years. And while Los Angeles remains the worldwide leader in film and television production, the historic industry strikes of 2023 and the slower-than-anticipated production recovery have exacerbated the feeling that we are losing competitive ground to places like Atlanta, Vancouver and London. The problem isn’t that famous actors and directors are jetting off to film in other cities. The highly skilled and hardworking below-the-line crew members are the ones disproportionately impacted when production moves out of Los Angeles. And they are the heart of the entertainment industry. I have seen this firsthand at our Sunset Studios and Quixote facilities, where we employ hundreds of Teamster 399 members, stage managers, lighting and grip technicians, warehouse workers, and many other often overlooked yet critical roles that keep productions running smoothly. Members of our Quixote manufacturing team, for example, have been building custom cast trailers for over 30 years. They recently developed our state-of-the-art solar all-electric line of trailers – built in-house and in Los Angeles. These are the types of jobs California needs to fight to keep. Fortunately, there is widespread recognition among lawmakers and the public more broadly that California must get more competitive with its tax incentives. Governor Newsom’s recent proposal to more than double the tax credit program, which would make it the largest capped program in the U.S., is a great first step. It has also been heartening in the wake of the Palisades and Eaton fires that displaced so many Angelenos to see the outpouring of donations and support from major studios including Disney, Netflix, Warner Bros. Discovery, Amazon MGM, Comcast/NBCU, and Sony. The logical next step for these media giants is to double down on productions in Los Angeles to get our impacted community members back to work and drive broader economic activity. 

Join The Capital Playbook. Go to https://hubs.la/Q02-FgGT0 to apply to become a guest. Supercharge your business and help educate others interested in commercial real estate. We film in Arlington and Dallas Texas onsite in our studios. See you soon. #capitalplaybook #commercialrealestate #crenews #commercialinvestments #investingtips #realestatenews #gettheplaybook #capitalplaybook

High Return Potential The family office boom is driving interest in alternative investments. As family offices seek higher returns, film investments are becoming an attractive option. Why Consider Film Investments? Film investments offer significant returns compared to real estate, which is often limited by property value and maintenance costs, and tech ventures with their high risks and long horizons. Films provide faster returns with no ongoing upkeep, making them a compelling choice for diversification and hedging against market fluctuations. Economic Benefits of Film Investments: Hedge against inflation Preserve capital Low volatility Portfolio diversification Access to a global market Sentimental Benefits of Film Investments: Intellectual stimulation Sense of Legacy Personal well-being Improved quality of life Aesthetic pleasure Aside from financial returns, film can also offer aesthetic and social returns, as well as pride and prestige to investors who support the artistic vision and expression of filmmakers. Film intermingles with different art forms, such as music, literature, and visual arts, enhancing its appeal. These combined benefits make the film a compelling investment choice. Embrace the multifaceted benefits of film investments today! #AlternativeInvestments #FilmInvestment #FamilyOffice

Yesterday before I went to bed, I checked our Proof of Concept video for #Knacks, the Series on YouTube and saw that it had 2K views, but, waking up this morning, I saw that it has jumped to 3K views. After sharing the good news with my colleague, I checked again and saw that it has jumped to 3.5K views. I have said it before, I will say it again and will continue saying it until #Knacks, The Series is produced: WE NEED EXECUTIVE PRODUCERS! And what qualifies one to be an Executive Producer is to just have money to foot the bills of a Film Production. That's all! You don't need to have a degree from #Harvard or a Masters from #Oxford. Just have money and be ready to invest. That's all! So, if you fit the criteria, here’s everything you need to know about #Knacks, The Series: - Proof of Concept: https://lnkd.in/dmKHyeb6 - Viral Clip: [https://lnkd.in/dWhvjf-n) - Excerpt Press Kit: https://s elar.co/34v01s - Storyboard: https://selar.co/t11410 - Project File: https://selar.co/33k310 P.S: Check out the comment section of the video and see how audiences are hungry for #Knacks, The Series.