Gov. Murphy tries to entice movie, TV studios to NJ with big tax credits

Gov. Phil Murphy sent a letter Thursday to major movie and TV studios looking to poach their productions, according to the Wall Street Journal. The governor is extending tax incentives up to 30% of production costs which is equal to what the state of Georgia offers. He also included a 40% credit to studios willing to open brick-and-mortar sites here.

The letter was sent to industry giants like Walt Disney, Netflix and Warner Brothers and drew a contrast between Georgia’s politics and the liberal leanings of Hollywood that more closely align with New Jersey.

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