CT Digital Media News

As Connecticut lifted its cap on tax credits for film and digital media production – while likewise establishing minimum investments to claim them – a fledgling digital-media group is bringing the industry together in Stamford to showcase its rapid emergence.

The Day.com has an article providing an overview of the Economic Strategic Plan released by Gov. M.

The State of Connecticut lawmakers agreed to lift the cap of the film and digital media tax credits.  Instead, changes have been made to attract more money and help ensure it is spent in-state.  The changes include the following (from The Hartford Business Journal):

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Local Incubator Startup Ripple100 Launching

Andre Yap, who has incubated multiple area startups through the CUBED incubator, is launching Ripple100 on Tuesday, September 15.   You can peek at pre-launch version (98% there!): www.ripple100.com.

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The Stamford Advocate outlines how Stamford is building a "mini media meca" with new shows like The Jerry Springer Show moving in as well as companies such as A&E and WWE operating out of Stamford.  Read more at The Advocate here...

  Connecticut Film Center will be launching a production and soundstage facilities at a recently purchase 155,000-square-foot building at 300 Stillwater Ave.   The 7 acre location is at the center of a $20 million expansion according to the president of CT Film Center, Kevin Segalla.  Segalla credited the digital media and film tax credit for the industry growth that led to this latest investment.

New York City announced an economic development program to give the city's media sector a boost.   The program is part of MediaNYC 2020, which aims to strengthen the city's position as a media capital.  The new initiatives, projected to create 8,000 jobs, are as follows: and support the growth of the City’s media sector over the next decade.

The CT Film Fest is going interactive.  There is a full set of tracks and content on interactive media.  Go to - http://interactive.ctfilmfest.com/ for more information.

With the state looking at ways to save, film production and infrastructure tax credits have come under attack from both budget cutters and advocacy groups that want the money for human services.

NBC's game show Deal or No Deal, which is produced by Endemol USA, is moving to shoot at Sonalysts Studio in Waterford, Conn.  According to Variety and NBC News, the state offered a 30% production tax credit to have the show shoot in Connected.  According to Gov. Jodi Rell the agreement would help the state by "growing jobs and improving the economic outlook."

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