Warner Bros. Discovery has announced plans to expand its production facilities into Las Vegas , Nevada. The company will commit to spending a total of at least $8.
5 billion (over 17 years) in Vegas, but under one condition: the state must significantly expand its film tax-credit program. Nevada earmarks just $10 million in transferable tax credits for all film productions in a single year, and a single film can only receive $6 million of that. California offers $330 million in annual credits — and that’s still considered low .
New Jersey and New York offer more than twice California’s number and Georgia puts $1 billion-plus into its tax-credit program. The Peach State doesn’t actually have a cap on what it can dole out in tax credits — both on an overall and individual-film basis. In other words, Nevada had better start passing a lot of legislation if it wants to be a major player.
The fact that it has not yet is not for a lack of trying. A 2023 effort to expand the state’s program back in failed, despite support from stars like Mark Wahlberg and Jeremy Renner. Under the nixed proposal, the tax-credit cap would’ve grown to $190 million.
The bill’s sponsor, Roberta Lange, is willing to settle for half that; having Warner Bros. Discovery on board could carry it across the goal line when Nevada’s senate session convenes in February 2025. By our math, $190 million in annual tax credits to attract $500 million in guaranteed WBD spend is not bad.
Should the state .