The postproduction industry is a BIG success in New York City! Compared to the national average of 12% growth in postproduction jobs, New York City nearly triples the figure at 35% growth in the industry from 2004. Since the New York State Postproduction Tax Credit Program was introduced in 2010, over 2,600 new jobs have been created with every job in the postproduction industry creating an average of 2.07 jobs in the US economy. With over $7.060 million in economic output and $128 million in fiscal impact, the New York State Postproduction Tax Credit not only stimulates local economy but also develops New York City into a competitive productions location. As Brooklyn’s largest full film and productions company, Broadway Stages looks forward to continuing bringing commerce to the New York City economy and creating new jobs!
For more updates please visit our blog here