Key Takeaways
- In FY 2023, the Louisiana film and entertainment industry spent $1.1 billion in-state on production activities
- Louisiana's motion picture and TV industry contributed $1.23 billion to the state's GDP in 2022, representing 0.8% of total GDP
- Direct spending by film productions in Louisiana reached $1.47 billion in 2021 before tax credits
- Louisiana's film industry created 28,500 jobs with average wages of $72,000 in 2022
- Over 15,000 crew positions were filled by Louisiana residents in film productions during 2023
- The industry employed 4,200 above-the-line workers averaging $150,000 salary in FY 2022
- 142 film and TV projects were permitted in Louisiana in 2023
- Feature films shot in Louisiana numbered 25 in 2022, including major studio releases
- TV series episodes filmed totaled 450 across 12 shows in FY 2023
- Louisiana's base investment tax credit rate is 25% on qualified spend up to $20M per project
- In FY 2023, $450 million in transferable tax credits were issued to productions
- Non-resident labor credit provides 25% on first $300K payroll per position in 2022
- Louisiana invested $250 million in new soundstages across 5 facilities by 2023
- Celtic Studios expanded to 25,000 sq ft with state grant in Baton Rouge 2022
- New Orleans Film District includes 12 stages totaling 100,000 sq ft operational 2023
Louisiana's film industry generates billions for the state's economy and supports thousands of jobs.
Economic Impact
- In FY 2023, the Louisiana film and entertainment industry spent $1.1 billion in-state on production activities
- Louisiana's motion picture and TV industry contributed $1.23 billion to the state's GDP in 2022, representing 0.8% of total GDP
- Direct spending by film productions in Louisiana reached $1.47 billion in 2021 before tax credits
- The film sector induced $2.8 billion in total economic output including multiplier effects in 2022
- Louisiana film productions paid $750 million in local vendor expenditures in FY 2022
- Hotel spending from film crews totaled $45 million across Louisiana parishes in 2023
- Film industry generated $320 million in state sales tax revenue indirectly in 2022
- Out-of-state productions spent $900 million on Louisiana goods and services in 2021
- The sector supported $1.5 billion in business sales for local companies in FY 2023
- Film-related construction spending hit $120 million for soundstages in 2022
- In FY 2023, film industry direct spending hit $1.15 billion boosting local economies
- Multiplier effect from film spending generated $3.2 billion total output in 2022
- Local purchases by productions: $820 million in equipment rentals 2021
- Tourism boost from film locations: $60M in visitor spending tracked 2023
- Film exports via post-production services earned $200M internationally 2022
- Retail sales from crew stipends: $35M in groceries and supplies FY 2023
- Property tax revenue from new studios: $12M annually since 2021 builds
- Venture capital into LA film tech startups: $45M in 2022 rounds
- Film drove 5% growth in Shreveport construction sector 2023
- Industry paid $180M in corporate income taxes indirectly 2022
Economic Impact Interpretation
Film and TV Productions
- 142 film and TV projects were permitted in Louisiana in 2023
- Feature films shot in Louisiana numbered 25 in 2022, including major studio releases
- TV series episodes filmed totaled 450 across 12 shows in FY 2023
- Commercials and music videos accounted for 300 shoots generating $150M in 2022
- Louisiana hosted 18 streaming originals from Netflix and Amazon in 2023
- Independent films permitted: 45, with budgets averaging $5M each in 2022
- Reality TV productions numbered 22, filming 300 days in state in FY 2023
- Louisiana served as primary location for 60% of permitted features in 2021
- Total shooting days for all productions reached 12,500 in 2022
- New Orleans metro hosted 70% of all 142 projects in 2023
- 155 projects greenlit with permits issued in 2022 calendar year
- High-budget features (over $20M): 12 shot primarily in state 2023
- Pilots and series orders: 8 new TV shows based in LA 2022
- Documentaries permitted: 28 with Sundance qualifiers in 2023
- Gaming cinematics and motion capture: 15 projects using LA stages 2022
- Louisiana doubled as 20 international locations for Hollywood films 2023
- Animation co-productions: 10 series with 200 episodes 2022
- Corporate videos and industrials: 400 shoots worth $80M FY 2023
- Student films supported via free permits: 150 university projects 2022
- Multi-cam sitcoms filmed 120 episodes in Shreveport studios 2023
Film and TV Productions Interpretation
Infrastructure and Support
- Louisiana invested $250 million in new soundstages across 5 facilities by 2023
- Celtic Studios expanded to 25,000 sq ft with state grant in Baton Rouge 2022
- New Orleans Film District includes 12 stages totaling 100,000 sq ft operational 2023
- State funded $40M for statewide film infrastructure upgrades in FY 2022
- Over 500 miles of fiber optic for high-speed production data in rural parishes 2023
- Louisiana Film Prize festival supported 200+ indie projects with venues in 2022
- 15 film commission offices across parishes handled 2,000+ location scouts in 2023
- State aviation assets facilitated 1,200 crew flights for remote shoots in 2022
- Hospitality training centers prepared 1,000 workers for production needs in 2023
- Over 400,000 sq ft of soundstage space online statewide by end-2023
- NuNu Studios added 4 new water tanks for aquatic shoots 2022
- Statewide location database lists 10,000+ sites scouted annually 2023
- $20M grant for green screen and LED wall tech installs 2023
- 20 prop houses stocking 1M+ items for instant production access 2022
- Film-friendly airport program at 8 facilities for quick gear transport 2023
- Workforce development: $10M invested in 50 training academies 2022
- High-speed internet to 95% of parishes supports remote post 2023
- Annual Louisiana PitchFest connected 300 projects to financiers 2022
- Mobile production units: 50 rigs available for swamp/rural shoots 2023
Infrastructure and Support Interpretation
Job Creation and Employment
- Louisiana's film industry created 28,500 jobs with average wages of $72,000 in 2022
- Over 15,000 crew positions were filled by Louisiana residents in film productions during 2023
- The industry employed 4,200 above-the-line workers averaging $150,000 salary in FY 2022
- Below-the-line jobs numbered 24,300 with wages totaling $1.2 billion in 2021
- Film training programs graduated 2,500 workers into industry jobs in 2022-2023
- Louisiana hosted 1,200 IATSE union members working on 150+ productions in 2023
- VFX and post-production firms employed 1,800 artists with $180 million payroll in 2022
- Local casting filled 85% of background actor roles, totaling 50,000 days in 2023
- Film industry supported 3,500 jobs in hospitality and transport sectors in FY 2022
- Average film crew wage was 25% above state median at $68,500 in 2021
- 32,000 total jobs supported including indirect in film ecosystem 2023
- Women comprised 42% of film crew workforce in Louisiana 2022 surveys
- 6,500 entry-level PA jobs created for locals in past 3 years through 2023
- Post-production payroll: $250M employing 2,200 in NOLA alone 2022
- Diversity hires: 35% BIPOC in key roles up from 20% in 2021
- Music industry crossover jobs: 800 for scoring and live events 2023
- Tech jobs in AR/VFX: 950 with average $95K salary FY 2022
- Transportation firms hired 1,200 drivers for 15,000 truck days 2023
- Costumers and wardrobe employed 450 locals full-time equivalent 2022
- Education tie-ins created 500 internships for college students 2023
Job Creation and Employment Interpretation
Tax Credits and Incentives
- Louisiana's base investment tax credit rate is 25% on qualified spend up to $20M per project
- In FY 2023, $450 million in transferable tax credits were issued to productions
- Non-resident labor credit provides 25% on first $300K payroll per position in 2022
- 40% uplift credit for qualifying Louisiana infrastructure spend enacted 2021
- Total tax credits redeemed by state: $1.2B since program inception through 2023
- Digital media/interactive credits totaled $50M for VFX firms in FY 2022
- 18% local labor credit bonus for projects hiring 30%+ Louisiana crew in 2023
- Sound recording credits issued: $15M supporting post-production in 2022
- Transferability allows 100% sale of credits at 85-90 cents on dollar in 2023
- Over $300M in credits claimed by TV series in past 5 years through 2022
- 25% base + 10-25% uplifts available for rural shoots under incentives
- $520M in credits allocated for 2023 productions pre-transfer
- Visual effects credit at 25% capped at 25% of total budget 2022
- State legislature extended credits through 2030 with $750M cap lift 2021
- Post-production credits claimed $75M by 12 facilities in FY 2023
- Local hire incentive: extra 10% for 50%+ LA crew verified 2022
- Music retention credit: 18% for scores recorded in-state 2023
- $25M annual digital interactive credit pool since 2020 expansion
- Credits transferable to vendors claiming 90% market value 2023 rules
- Infrastructure spend qualifies for 40% credit on up to $15M per project 2022
Tax Credits and Incentives Interpretation
Sources & References
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