My confidence in SAG’s financial leadership team is no secret — I’ve expressed it regularly in these letters and to the Board of Directors. But if there was any skepticism about whether it was warranted, that doubt should be dispelled by the financial results for the fiscal year that closed on April 30, 2010.
It’s hard to find two words that better describe the essence of unionism than “working together.” By working together, we combine our strength to become more powerful than we ever could as individuals. When SAG and AFTRA begin joint negotiations of our TV/Theatrical and Exhibit A Contracts on September 27, we’ll be ready because we have been working together.
Los Angeles (August 2, 2010) — Governor Arnold Schwarzenegger announced Friday that the California Film & Television Tax Credit Program that was a part of last year’s budget agreement has achieved its desired goal of keeping scores of film and television productions in state. In its first year, the California Film Commission allocated $200 million in tax credits to 77 projects. This year, another 30 projects are set to receive an additional $100 million in tax credit allocations, which exhausts the fiscal year funding.