What's Happening?
New Jersey's film industry is experiencing significant growth, highlighted by the release of the Bruce Springsteen biopic 'Deliver Me From Nowhere.' The production, which involved 500 cast and crew members,
spent nearly $42 million in the state. New Jersey has become a popular filming location due to its diverse settings and the state's film and digital media tax credit. Companies like Edge Auto Rental and Eastern Effects Inc. are thriving, providing essential services to film productions. The state's film industry is supported by a network of local businesses and a growing number of 'Film Ready' certified communities.
Why It's Important?
The booming film industry in New Jersey is creating jobs and boosting the local economy. Productions like the Springsteen biopic bring significant financial benefits to the state, supporting local businesses and increasing demand for services. The industry's growth is also enhancing New Jersey's reputation as a versatile filming location, attracting more productions and investments. This trend is likely to continue as more communities become 'Film Ready,' and as major studios like Netflix and Lionsgate establish facilities in the state. The success of New Jersey's film industry demonstrates the effectiveness of targeted tax incentives in attracting business and fostering economic development.
What's Next?
With the continued expansion of the film industry in New Jersey, more productions are expected to choose the state as a filming location. The development of new studio facilities by Netflix and Lionsgate will further enhance the state's capacity to host large-scale productions. As the industry grows, there will be increased opportunities for local businesses and workers. The state's film commission will likely continue to promote New Jersey as a prime filming destination, leveraging its unique locations and supportive infrastructure. The ongoing success of the film industry could inspire other states to adopt similar strategies to attract film and television productions.
