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Preliminary film study finds $64.6 million gross GVA from incentivized productions; Olsberg SPI recommends reforms
Summary
Consultants for a state film production study told the Judiciary Committee — House that incentivized productions have delivered an estimated $64.6 million in gross value added to Arkansas between fiscal 2014 and fiscal 2025 to date and offered four headline recommendations for industry development.
Olsberg SPI presented the initial draft of a film production study to the Judiciary Committee — House and outlined preliminary findings and recommendations. The consultant said the draft includes research from interviews and an initial economic analysis; the report will undergo an "additionality" survey to remove economic deadweight and estimate net impacts before a final report.
Leon (Olsberg SPI) summarized the research: the team interviewed more than 30 stakeholders in Arkansas — including producers, business owners, supply-chain firms, training providers and legislators — and conducted additional interviews with investors considering projects in…
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