New Jersey is sweetening the pot for film and television production companies that set up shop in the Garden State, aiming to attract the next “Succession” or movie blockbuster from states that offer their own incentives to end up on the big screen.
Gov. Phil Murphy (D) last week signed legislation that boosts the available tax credits for studios and sets aside $30 million for capital investments in production facilities. Netflix Inc. is poised to reap millions from the deal, after winning state approval in December to build a campus on a 300-acre former army base in Fort Monmouth.
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