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16 January 2014

Lucrative Tax Incentives May Have Just Launched Georgia into the Marvel Cinematic Universe

The Marvel Cinematic Universe is home to such epic movies as Iron Man, Thor, The Incredible Hulk, Captain America, and The Avengers.

(Lucrative tax incentives to the film industry may have launched Georgia into the Marvel Cinematic Universe)
These films, part of the Marvel Movie Universe Phase One, have made over $3.8 billion in the United States and around the world. With the production of Iron Man 3, Thor: The Dark World, and Captain America: The Winter Soldier nearly complete, Phase Two of the Marvel Cinematic Universe is in full swing.

The Fayette Citizen reports Georgia is about to enter Marvel's Phase Three in a very big way.

A London-based film and TV production guide publisher, KFTV.com, is reporting Jan. 15 that Marvel Comics’ Ant-Man will be the much anticipated blockbuster movie to start filming in May at Pinewood Atlanta Studios in Fayetteville.

The U.K-based film trade guide said that “Ant-Man” was first intended to be filmed at Pinewood’s London studio site, but was bumped by “the sheer volume of other major features moving in and filling the big studios to capacity.”

Beverly, Cal (15 January 2014). Marvel Comics Ant-Man to be 1st Pinewood Atlanta film, UK trade pub says. Fayette Citizen. Retrieved on 16 January 2014.


KFTV.com posits that Georgia's tax incentives to the film industry may have lured Marvel's Ant-Man to the state.

According to the state Department of Economic Development, the Georgia Entertainment Industry Investment Act provides filmmakers with a 20% across the board, transferable flat tax credit with a minimum of $500,000 spent on qualified production and post production expenditures within Georgia; and an additional 10% tax credit if a production company includes an imbedded Georgia promotional logo in the qualified feature film.

Opening in January 2014, Pinewood Studios Atlanta will feature five sound stages totaling 100,000 square feet and 300,000 square feet of workshop and production office space.

Marvel's Ant-Man is scheduled to be released in the summer of 2015.