LANSING – The Michigan Film Office announced today that post-production work for the feature film Spy Kids 4 produced by the Weinstein Company has been approved for a film incentive from the state.
This feature film project will utilize Speedshape, a post production facility in Birmingham, for visual effects and 2D to 3D conversion. The production will rely heavily on Michigan-based talent with projected in-state expenditures of $4,512,000 and related film credits of $1,804,800.
“Michigan has an incredibly skilled creative workforce” said Carrie Jones, director of the Michigan Film Office. “We’re pleased that the Weinstein Company recognizes this talent and is bringing the fourth film in the successful Spy Kids franchise to the state.”
Spy Kids 4 is the second project approved under the new policy and guidelines released by the Michigan Film Office last week. Approval of Universal Pictures’ Five Year Engagement, to be produced by Judd Apatow and directed by Nicholas Stoller, was announced on Monday. Approved production expenditures in 2011 total $17,044,056 with related film credits totaling $7,068,264.
Under the new policy, all pending and future applications will receive a thorough review by a Michigan Economic Development Corporation (MEDC) committee comprised of the Senior Vice President for Marketing and Communications, the Senior Vice President of Policy, the Vice President of Business Development and the Director of the Michigan Film Office.
The current statute will be used to guide approval decisions. Preference will be given to projects that best meet the following criteria:
1.The production company is financially viable.
2.Utilization of existing infrastructure (studios, post-production facilities, film labs etc.).
3.The number and wage levels of direct jobs for Michigan residents created by a production.
4.Ability to show Michigan in a positive light and promote the state as a tourist destination.
5.Magnitude of estimated expenditures in Michigan.
“This process will help to ensure every project approved provides us with the best possible investment for the state,” Jones said. “We are moving forward with the approval process for 2011 and look forward to working with the industry to attract projects to our state that utilize our infrastructure, create economic development and showcase Michigan and all it has to offer.”
The film incentive program will continue to be jointly administered by the Michigan Film Office and the Department of Treasury and all projects must be approved in concurrence with the state treasurer. Since the film incentives took effect in April 2008, the Film Office and the Department of Treasury have approved a total of $368,208,078 in film incentives on $938,597,160 in total qualified expenditures by productions in Michigan. This represents the 209 projects that have been approved to date, including the 136 projects that have actually wrapped in the state.
The Michigan Film Office was created in 1979 to assist and attract incoming production companies and to promote the growth of Michigan’s own film industry. The Film Office also administers the incentive program for film, television and other digital media production in Michigan, as well as infrastructure development and workforce training.