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DEEP SOUTH STUDIOS TO BECOME LOUISIANA’S FIRST QEC PROJECT

DEEP SOUTH STUDIOS TO BECOME LOUISIANA’S FIRST QEC PROJECT

Media Contact: Gary Perilloux 225.342.3437 Gary.Perilloux@la.gov   DEEP SOUTH STUDIOS TO BECOME LOUISIANA’S FIRST QEC PROJECT New Qualified Entertainment Company program targets sustainable entertainment jobs for content creators BATON ROUGE, La. — Deep South Studios, a design-build entertainment production complex in New Orleans, will become Louisiana’s first Qualified Entertainment Company under the state’s innovative new program that cultivates sustainable jobs for Louisiana’s motion picture, digital, music and theatrical industries. Louisiana pioneered modern-era film production tax incentives beginning in 2002 and remains one of the leading destinations for motion picture production in the world. The industry continues to generate hundreds of millions of dollars annually in project-based spending across the state, from feature films to episodic TV productions. To grow the number of permanent Louisiana jobs, the state created Qualified Entertainment Company incentives in 2017 that reward investment in permanent quality jobs held by Louisiana residents. For jobs paying $45,000 or more annually, the QEC employer is eligible for a 15 percent payroll tax credit. That credit increases to 20 percent for new jobs paying more than $66,000 annually. A similar incentive is available for music-related companies. “In 2016, I tasked our Louisiana Economic Development agency with finding solutions to make our entertainment programs more sustainable, with more statewide impact,” Gov. John Bel Edwards said. “The QEC model is an effective new tool for helping companies grow permanent entertainment employment in Louisiana. We’re pleased that Deep South Studios is putting down permanent roots here. They are at the vanguard of companies that will hire the brightest creative minds in the business to produce a greater economic impact for the entertainment...
Deep South Studios Sponsors $50,000 Filmmakers Grant

Deep South Studios Sponsors $50,000 Filmmakers Grant

The Create Louisiana Filmmakers Grant is an industry-building program designed to recognize and celebrate the creative industries in Louisiana, including all of the burgeoning, indigenous filmmakers that contribute to Louisiana’s vibrant creative economy. The Create Louisiana Filmmakers Grant is a partnership between the Deep South Studios, The Louisiana Endowment for the Humanities and the New Orleans Film Society. The grant recipient team will receive $50,000 for a short format scripted, documentary or animation project. Eligible films must be based on an original work and have a finished running time of not more than 40 minutes. The film must be completed within 12 months of receiving the grant, with the finished project set to screen at the 2016 New Orleans Film Festival. Learn more about the Deep South Studios sponsored filmmakers grant, and apply...