Australia’s film industry needs tax rebates to remain competitive as the nation’s remoteness and strong currency discourage big budget foreign productions, said Baz Luhrmann, director of “The Great Gatsby.”
It seems cosmically appropriate that gambling house odds are on “The Artist” to win this year’s Academy Award for best picture. The Weinstein Co.’s paean to the end of the silent movie era is an apt metaphor for an industry upended by new technologies.
Michigan taxpayers foot the bill for the most generous movie subsidies in the U.S. Since 2008, the state has allotted $282 million to lure the filming of Hilary Swank ’s “Conviction,” Clint Eastwood’s “Gran Torino,” George Clooney ’s “Up In The Air” and more than 120 other productions.