“Joker: Folie á Deux,” will shoot in Los Angeles, thanks to $12.6 million in tax credits to Warner Bros. from the state of California.
The streamer got $16.6 million for “Rebel Moon: Part 2,” just a year after getting $18.5 million in California tax credits to make the first “Rebel Moon,” a space epic from Zack Snyder. The two “Rebel Moon” films are projected to cost $83 million apiece just in “qualified” in-state spending, which excludes “above the line” costs like actor and director salaries.
Netflix was also awarded another $20.5 million on an even larger film, budgeted at $107.7 million in qualified spending. That project is untitled and no other details about it were disclosed. The “Joker” sequel is listed at $98.7 million in qualified in-state spending. In addition to the four big-budget projects, the commission also announced funding for 14 independent films. They include “Pizza Girl,” a film from Margot Robbie’s production company; “Perfect Strangers,” a remake of an Italian comedy that will be produced and written by Issa Rae, who also stars; and “A Special Relationship,” a biopic about Elizabeth Taylor.
California gives out $330 million a year — upped to $420 million in 2022 and 2023 — in credits to keep film jobs from fleeing to other states and countries. Gov. Gavin Newsom recently vowed to extend the program through 2030. Assuming that extension bill passes, projects that receive the credit will soon have to submit a diversity plan, showing how they intend to make their workforce reflect California’s demographics.“Joker: Folie á Deux,” Warner Bros.
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