Lori Loves
Nevada

Once the WB studio legislation was struck down, Lori Lane jumped into action. She poured over the 37 state film programs and incentives, created a strategy to not only attract more productions, but to contribute to overall state growth instead of focusing it in a single community. 

 

Proposal includes:  

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• Reducing barriers to entry:

 

• Attracting smaller productions

  • Spreading out minimum spends across a fiscal year, creating incentives for recurring shoots

  • Brings more advertising, music video and vertical productions

 

• Helping smaller studios and entertainment companies relocate  

  • Drastically reducing financial risk and immediately creating reinvestment 

  • Doesn’t keep returns consolidated in a single community (ex: Summerlin Studios)

  • Starting small helps create more jobs as companies succeed, not just in production, but also administrative and support services

 

• Helps build infrastructure while supporting small businesses 

  • Less overall cost to the tax payer with returns both immediately and over time 

  • No waiting for “trickle down” returns for supporting industries or Net 90 contracts like larger studios

 

• Direct Production Investment and Funding Programs To Encourage In State Production:

  • Microinvestment opportunities for Nevada residents ONLY

    • Productions can pitch their ideas directly to state residents and ask for funding directly

    • The film board would work directly with FANS to help promote campaigns and gain state media coverage

    • Residents can invest a basic amount for mention in a special thanks section

    • Tiers can top out at producer credits, up to residual payments and part ownership

    • Special opportunities, cameos, and shooting access could vary depending on the production and insurance coverage

    • Small and state specific business could purchase product placement and exteriors

 

• Fundraising platform - allows 0% fee rate for in-state production costs

  • Structure similar to other crowdsourcing platforms

  • Specifically for productions shooting in Nevada

  • Platform withholds zero fees for any expenses incurred in state - related to production

  • Fees for resourcing anywhere outside of the state

 

• Micro-loans (in collaboration with local banks) to make sure productions are completed

  • Perk for small productions only - for help with: 

    • Unexpected over-runs

    • Avoiding Force Majeure

    • Re-takes and reshoots

    • Marketing campaigns and in state premieres

 

• Creating one of kind tax credit reward bonuses - a win/win for state spend, including:

 

• Creating new builds in more rural locations or repurposing long term vacancies

  • New builds help the construction industry, and help drive related business and population to those areas

  • Filling vacant spaces or rebuilds help with lowering crime rates and spurring the local economy

 

• Participating in state work force training programs

  • Creates new career opportunities for the GOED and Nevada citizens

    • Programs created in collaboration with WINN (Workforce Innovations for a New Nevada) and ICM (Individual Career Mapping 

  • New, high paying jobs for participants

  • Fast tracks participants into the field, helping infrastructure

 

• Creating new internships, apprenticeships, mentorship participation and collaborative teaching / development opportunities

  • Internships

    • Would help bridge the gap for higher education internships requiring course hours to graduate

    • Internship programs would be open to any student in the NSHE system, not limited to a single school 

      • Elevate the system’s reputation

        • Creates relationships with industry companies that could lead to direct donations, equipment, scholarships or research grants

        • Relationships would help instructors stay on top of industry trends/innovation so they can adjust their coursework accordingly

      • Help create a school to employment pipeline 

      • Will also help boost enrollment

      • Leads to generally higher starting salaries for students

    • Give the participating companies other advantages

      • New perspectives

      • First look at emerging talent

      • Net positive - low cost assistance for less than the earned tax credit

      • Students hired from internship programs have longer retention within those companies

      • Cuts down on recruitment and hiring expenses

      • Creating a strong internship program increases brand recognition, helps defining industry leaders

      • Participating in internship tax credits would not prevent companies from creating additional positions without restrictions

 

• Apprenticeships would create opportunities for residents to learn a new skill while still earning an income

  • Creates higher paying long term positions without student debt

  • Higher retention rates for employers

  • Tax credits and GOED reimbursement would make training no to low cost (For each dollar the state invests, employers could gain up to $1.50 for each training hour invested)

  • Working in conjunction with the Nevada Apprenticeship Initiative  and the Nevada State Apprenticeship Council to structure the program and help it expand, offering tax credits to participating companies 

 

• Mentorship programs would allow up and coming talent to work directly with industry professionals, getting first person advice and information, helping them get a leg up in their job search

  • Allows talent to network in active applications

  • Gives mentors a chance to share their perspectives about the industry, and what they would like to see in new hires, earn an additional income from participation level

  • Helps mentees career guidance and focus

  • Allows Mentors to develop stronger bonds with their chosen community .

  •  FANS programs allows them to work together on development and creation of real world projects, helping participants exchange knowledge and insight within their groups through practical examples

• Tax credits being used directly by relocated businesses, instead of being sold

  • Bonus credits for Nevada residents/busniesses of 2+ years​

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