What's Happening?
The film industry in New Jersey is experiencing significant growth, highlighted by the recent release of the Bruce Springsteen biopic 'Deliver Me From Nowhere.' The production involved around 500 cast and crew members working across 14 municipalities
in the state, generating nearly $42 million in local spending. The New Jersey Motion Picture and Television Commission has been instrumental in attracting film projects to the state, leveraging unique locations and a favorable film and digital media tax credit. Businesses such as Edge Auto Rental and Eastern Effects Inc. have thrived due to increased demand from film productions, providing essential services like transportation and equipment rental.
Why It's Important?
The expansion of the film industry in New Jersey is crucial for the state's economy, creating jobs and boosting local businesses. The film and digital media tax credit has been a key factor in attracting productions, leading to increased spending in communities and the development of infrastructure to support the industry. This growth positions New Jersey as a competitive location for film production, potentially drawing more projects and investments. The success of the Springsteen biopic exemplifies the state's ability to host large-scale productions, which can have lasting economic benefits and enhance its reputation as a film-friendly destination.
What's Next?
Looking ahead, New Jersey is set to continue its growth in the film industry with plans for new studios and increased certification of 'Film Ready' communities. Netflix is expected to finalize its acquisition of a property at Fort Monmouth, and Lionsgate Studios is developing a facility in Newark. These developments will expand the state's capacity to host productions, increasing the number of purpose-built sound stages from three to 36. As more communities become certified, New Jersey will likely attract additional film projects, further solidifying its status as a prime location for the industry.
Beyond the Headlines
The growth of the film industry in New Jersey also has cultural implications, as it brings diverse stories and productions to the state. This can enhance the cultural landscape and provide opportunities for local talent to participate in high-profile projects. Additionally, the industry's expansion may lead to increased tourism, as fans visit filming locations and events like the Asbury Park Zombie Walk. The collaboration between local governments, businesses, and the film industry highlights the potential for public-private partnerships to drive economic and cultural development.
