en.wikipedia.org/wiki/Space_Jam:_A_New_Legacy
1 correction found
The production spent at total of $194.7 million filming in California, receiving $21.8 million in tax rebates from the state.
$194.7 million is not Space Jam 2’s California production spend. The California Film Commission says that figure was the combined below-the-line wages for 15 projects in that tax-credit round; Space Jam 2’s own qualified expenditures were about $100 million.
Full reasoning
This sentence appears to misread a California Film Commission press release.
In the Commission’s November 19, 2018 announcement, $194.7 million refers to the combined below-the-line wages for all 15 projects selected in that allocation round, not to Space Jam 2 alone. The same release says Warner Bros.’ “Space Jam 2” alone is on track to generate more than $100 million in qualified spending, including about $43.2 million in below-the-line wages.
The California Film Commission’s approved-projects list gives the project-specific figures: Space Jam 2 had $100,001,000 in qualified expenditures and a $21,804,000 credit allocation. So the article’s $21.8 million tax-credit figure is in the right ballpark, but pairing it with $194.7 million as this film’s California spend is incorrect.
2 sources
- California’s Film & TV Tax Credit Program Adds Big-Budget “Space Jam 2” and Several Out-of-Zone Features
The 15 projects ... are on track to generate $370 million in qualified expenditures. This figure includes $194.7 million in wages for below-the-line crew members... Warner Bros.’ “Space Jam 2” alone is on track to generate more than $100 million in qualified spending, including almost $43.2 million in below-the-line wages.
- Film and Television Tax Credit Program Approved Projects List | California Film Commission
2018-2019 ... Space Jam 2 ... Warner Bros. Pictures ... Qualified Expenditures $100,001,000 ... Credit Allocation $21,804,000.