POSTED: Wednesday, December 21, 2011 - 4:19pm
UPDATED: Wednesday, December 21, 2011 - 11:27pm
BATON ROUGE, LA (NBC33) — The film industry here in Louisiana has seen another record breaking year.
The Entertainment division of the Louisiana Economic Development says it’s seen a record high for applications. Until now, 2010 served as the highest grossing year in Louisiana’s film history with a total of 141 productions bringing in $1.4 billion in total spending, with $898 million of that money being spent in Louisiana directly.
Although the year isn’t over yet, 2011 has topped that record with a total of 150 applications submitted in 2011 for consideration of the state’s film and tax incentive program. We’re told the expected spending is estimated at $1.9 billion, with over $1.3 billion of that money being spent directly in Louisiana.
The preliminary numbers suggest the film industry continues to see growth, which brings great optimism for the next year.
“So far, 2012 is looking really strong as we have a lot of projects slated for the 1st quarter of 2012,” Christ Stelly, Executive Director of Louisiana Entertainment, explained. “ I anticipate that 2012 will again be in line with 2010 and 2011 which is indicative of a mature, stable industry for our state.
The exact numbers will not be finalized until January 2012.