New York Boosts Film Subsidy to $800 Million in Tussle With New Jersey

After a monthlong delay, New York Gov. Kathy Hochul has approved a state budget that expands the film subsidy to $800 million. The state is facing a downturn in production work, and competition from across the Hudson River, where New Jersey Gov. Phil Murphy has overseen a significant expansion in the state’s incentive. On Friday, […]

May 9, 2025 - 15:41
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New York Boosts Film Subsidy to $800 Million in Tussle With New Jersey
After a monthlong delay, New York Gov. Kathy Hochul has approved a state budget that expands the film subsidy to $800 million. The state is facing a downturn in production work, and competition from across the Hudson River, where New Jersey Gov. Phil Murphy has overseen a significant expansion in the state’s incentive. On Friday, […]