FIRST AIRED: May 19, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 3

×

Transcript

00:00:00
>> Rippling abs and roaring surf, the film remake of Baywatch dripping in pure LA gold.>> Welcome to Baywatch.>> Except that it was filmed on a tiny island off the coast of Georgia. That's what happens when you don't get a break. A hefty tax break, that is, from the film capital of the world, as Reuters entertainment correspondent Lisa Richwhine explains.
00:00:22
>> Many other states offer generous tax breaks that you can't get in Hollywood. And when you're making a big-budget movie, you need to save every dollar you can.>> More foreign countries luring filmmakers, too. Warner Bros., shot big-budget films Wonder Woman and King Arthur in Britain, Fox chose Australia for Alien Covenant.
00:00:40
California's 20% rebate looking pale compared to a host of locations that offer up to double that, including tax breaks against the salaries of the actors and directors, often among the most expensive costs.>> They figure they've got a lot of advantages here, they have crews here, they have sound stages, and that they don't need to go that far.
00:01:02
But what they're seeing is that the big-budget movies are going elsewhere>> Even tiny Georgia, this time not the state but the former Soviet country, is marketing itself as a place to easily blow up old, crumbling, state-owned buildings, in order to draw the action film crowd. Baywatch star Dwayne Johnson, aka The Rock, pushing for California to bring its business back home.
00:01:24
>> It's great for the crew, they could sleep in their own bed, they're not leaving their families.>> But adding that state lawmakers still have a long way to go.