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Mark Wahlberg, Sony and Howard Hughes CEO's New Vegas Studio Bill Is Prepped for Go

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A "Hollywood 2.0" bill would open the door to $80M in film tax credits that would make Summerlin Studios a reality and provide a boost to the local economy.
Mark Wahlberg, along with Sony Pictures Entertainment and Howard Hughes' company, is set to develop a new film and television studio in Las Vegas, Nevada. This initiative, named "The Summerlin Production Studios," aims to transform a 30-acre plot in the Summerlin area into a major production hub. The project, which has been in discussion for some time, is now moving forward with a bill introduced in the Nevada legislature to provide tax incentives for film production, aiming to make Nevada a competitive location for film and TV projects. The studio is expected to create thousands of jobs and boost the local economy by attracting film productions that would otherwise go to other states or countries with more favorable tax environments. This development is part of a broader strategy to diversify Las Vegas's economy beyond tourism and gambling.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/movies/news/mark-wahlberg-sony-and-howard-hughes-ceo-s-new-vegas-studio-bill-is-prepped-for-go/ar-AA1z4zXh ]