BREAKING FILM NEWS

Friday, August 14, 2009

Brightlight Bails Out Of BC...

BC-based Brightlight Pictures, noted for producing a series of Uwe Boll-directed feature films, has decided to bail out of British Columbia, setting up shop in Ontario because of the province's new tax credits that offer a 25 per cent credit on the total cost of production.

BC offers tax incentives on labour costs alone, traditionally only half the budget of a feature.

"We've lost three independent feature films between $9.5 and $15 million that have all shifted out east," said Brightlight's Shawn Williamson.

Brightlight has now set up production offices in Toronto, reportedly moving half of its staff out of BC...