SAUDI ARABIA ALLOWS A MOVIE TO BE SHOWN

For only the second time in 30 years, a movie has been shown publicly in Saudi Arabia. Authorities in that country, which shut down theaters under Islamic law in 1982, allowed the 2009 IMAX movie Journey to Mecca to be screened at the Jeddah Hilton on Sunday, Daily Variety reported. “Some would say the impossible […]

NEW TAX BILL RETAINS INCENTIVES FOR MOVIE PRODUCERS

The new “compromise” tax bill will extend a provision of the previous bill that allows motion picture and television producers to deduct up to $15 million in production costs if they are incurred in the United States ($20 million if they are incurred in an “economically depressed area”). Continuation of the tax benefit is seen […]