# Hollywood Hope with Film Tax Credits

> Federal film tax credits could revive Hollywood jobs as Paramount stays put.
- Title: Hollywood Hope with Film Tax Credits · Fox News | Shortify
- Summary: Federal film tax credits could revive Hollywood jobs as Paramount stays put. California's film tax credits and federal incentives aim to boost Hollywood…
- Keywords: california film commission, paramount, gavin newsom, film tax credit, hollywood, ai content, paul kampf, federal film incentive, news, politics, Hope, Film
- Source: Fox News — https://foxnews.com/media/hollywood-feeling-more-hopeful-amid-push-film-tax-credits-paramount-staying-put-filmmaker-says
- Author: Carly Mayberry
- Published: 2026-10-09T00:00:00+00:00
- Read time: 1 min
- Topics: california film commission, paramount, gavin newsom, film tax credit, hollywood, ai content, paul kampf, federal film incentive, news, politics
## Federal Film Tax Credit Push
President Donald Trump's federal film tax credit bill aims to boost Hollywood jobs by 2027.

> Congress should immediately take up and pass a federal film tax incentive to bring back these good-paying jobs that we've lost to other countries.
## California's Film Incentives
California Gov. Gavin Newsom launched new post-production tax credits and AI content protections for filmmakers.

> California is the home of entertainment, full stop. We’re not just protecting that legacy; we’re investing in its future by expanding our film and television tax credit.
## Filmmaker Paul Kampf
Paul Kampf, a 30-year veteran, praised California's incentives as a 'really good start' for American film production.

> No matter where you make your film, whether it's Georgia, Delaware, Puerto Rico or Europe, if you can do your post-production in California, you're keeping jobs here.
## California Film Projects
35 films, including 28 independent projects, have received California production incentives.

> The sequel to Lionsgate’s blockbuster 2026 hit Michael is among the projects, along with a new Pixar film.
## Economic Impact
California's incentives are expected to generate over $1 billion in direct production spending.

> All told, the projects are expected to generate more than $1 billion in direct production spending.
## Hollywood's Future
Hollywood needs a 'facelift' to be seen as a place that is invigorating and investing in filmmaking again.

> Realistically, what I can say is the tax incentives in America are really maybe the best bipartisan entertainment bill that I've seen in the last 10 years.
## Key takeaway

California's film tax credits and federal incentives aim to boost Hollywood production and jobs.