New York sound stages, one among New York's largest movie and TV production studios, is going to expand with all the state and city aid for the industry. Brooklyn's Steiner Studios, in which productions as the "Spider-Man" and "Sex and the City" movies were shot, has completed a $90.5 million financing package that will allow it to add eleven soundstages to its present 5. The development to 590,000 from 310,000 sq. ft. is designed to support Steiner's growing stable of big-name movies and TV shows such as FX's gritty boxing drama "Lights Out"; HBO's "Bored to Death" with Ted Danson and Zach Galifanakis; and HBO's "In Treatment" with Gabriel Byrne.
The newest space is also aimed at meeting the growing need for smaller space for commercials and so-called webisodes, or tv shows produced to stream over the internet. The chairman of Steiner Studios states about $65 million will come from private investors, $10 million to $20 million will come from Steiner and the remaining will come from gov't programs. Even in great times studios are very hard to finance given that it's a hybrid operating business and a real-estate venture, but would eventually develop the studio to 50 acres from fifteen acres.
Steiner looks to become the largest of four big movie and TV studios in The Big Apple. Its growth enters in the wake of action in Albany that has film and TV executives breathing much easier over productions costs in New York. The state Legislature approved $420 million in sales-tax credits through the year 2014. The state tax-credit program originally was approved in the year 2004 to help New York's film industry compete much better against other cities. But the initial $685 million in credits ran out in teh year 2009 and the industry's campaigns to encourage Albany to say yes to a long-term extension got stalled in the state's budget debacle. That made studios there to lose out on business including some TV pilots such as ABC's "The Whole Truth," a legal drama that is set in New York but filmed in L. A.. In addition, shows such as Fox's science-fiction series, "Fringe," left New York's Silvercup Studios in its second season to shoot in Vancouver.
Film production in New York makes about 100,000 jobs and $5 billion annually in economic impact for the city, according to the Mayor's Office of Media and Entertainment. This past year, 232 motion pictures and prime-time tv shows were shot in NY City, a little higher than the 223 movies and television shows shot in 2009, according to the agency. Outside of Los Angeles, New York's biggest competitor are Toronto, in which 278 movies and Television shows were shot in 2009, and the latest year where figures are available.
In the growth and development of New York sound stages other New York studios also have been expanding. In the year 2006, Silvercup declared plans to invest $1 billion in a major real-estate development which includes the addition of 8 sound studios. The plan included apartment buildings, office space as well as stores which would serve the movie industry and also the surrounding community. This past year, Kaufman Astoria Studios in Queens finished construction on a new $22 million movie and television production studio. It has an 18,000-square-foot soundstage for movie and tv production.
The newest space is also aimed at meeting the growing need for smaller space for commercials and so-called webisodes, or tv shows produced to stream over the internet. The chairman of Steiner Studios states about $65 million will come from private investors, $10 million to $20 million will come from Steiner and the remaining will come from gov't programs. Even in great times studios are very hard to finance given that it's a hybrid operating business and a real-estate venture, but would eventually develop the studio to 50 acres from fifteen acres.
Steiner looks to become the largest of four big movie and TV studios in The Big Apple. Its growth enters in the wake of action in Albany that has film and TV executives breathing much easier over productions costs in New York. The state Legislature approved $420 million in sales-tax credits through the year 2014. The state tax-credit program originally was approved in the year 2004 to help New York's film industry compete much better against other cities. But the initial $685 million in credits ran out in teh year 2009 and the industry's campaigns to encourage Albany to say yes to a long-term extension got stalled in the state's budget debacle. That made studios there to lose out on business including some TV pilots such as ABC's "The Whole Truth," a legal drama that is set in New York but filmed in L. A.. In addition, shows such as Fox's science-fiction series, "Fringe," left New York's Silvercup Studios in its second season to shoot in Vancouver.
Film production in New York makes about 100,000 jobs and $5 billion annually in economic impact for the city, according to the Mayor's Office of Media and Entertainment. This past year, 232 motion pictures and prime-time tv shows were shot in NY City, a little higher than the 223 movies and television shows shot in 2009, according to the agency. Outside of Los Angeles, New York's biggest competitor are Toronto, in which 278 movies and Television shows were shot in 2009, and the latest year where figures are available.
In the growth and development of New York sound stages other New York studios also have been expanding. In the year 2006, Silvercup declared plans to invest $1 billion in a major real-estate development which includes the addition of 8 sound studios. The plan included apartment buildings, office space as well as stores which would serve the movie industry and also the surrounding community. This past year, Kaufman Astoria Studios in Queens finished construction on a new $22 million movie and television production studio. It has an 18,000-square-foot soundstage for movie and tv production.
About the Author:
New York sound stages are soundproof, hangar-like properties used for movie as well as television productions. In addition, soundstage NYC help make it easier for the production team to design and construct the sets to be used.
Comments (0)
Posting Komentar