Entertainment

Trade group study projects federal film credit would double production

An MPA report estimates a 20 percent incentive could add 143,500 annual jobs by 2032.

Updated Sep 15, 2026 · 20:56 UTC3 reports

The short version

A study commissioned by the Motion Picture Association estimates that a 20% federal tax credit would double domestic film and TV production by 2032.[Variety]
The report projects the incentive would generate around 143,500 jobs annually and create $249.1 billion in total economic impact between 2027 and 2035.[Variety · The Hollywood Reporter]
Federal legislation is expected to be introduced by the end of the month following an endorsement from President Trump.[Variety]

An Olsberg SPI study released by the Motion Picture Association estimates that a 20% federal tax credit would double U.S. film and TV production by 2032.[Variety]
The study projects that the credit would support approximately 143,500 production jobs annually and yield nearly $250 billion in total gross economic value from 2027 to 2035.[Variety · The Hollywood Reporter]
Annual spending on domestic film and TV is estimated to reach $34.7 billion by 2032 with an incentive, compared to $16.9 billion without one.[Variety]
The U.S. currently accounts for 34% of global film production and 42% of television production, according to ProdPro figures provided to the MPA.[Variety]
President Trump endorsed the tax credit concept last month, and legislation is expected to be introduced on Capitol Hill by the end of the month.[Variety]

The study assumes external market factors remain unchanged and does not assess whether competing countries would counter by boosting their own film incentives.[Variety]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.