Tarantino’s “Critic” Snags $20M In Tax Credits

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Filmmaker Quentin Tarantino’s tenth and apparent final directorial effort, which has been dubbed “The Movie Critic,” has managed to snare just over $20 million in tax credits today from the California Film Commission (CFC).

The Oscar-winning filmmaker’s new film was among sixteen films conditionally approved for $77.8 million in total tax incentives today by the CFC, and one of three recipients of $20 million in tax credits on the list today.

Part of that is due to the production being projected to generate more in-state spending than any other movie in the film office’s fourteen-year history, with an estimated $128.4 million in qualified spending.

The film revolves around a cynical movie critic Tarantino read growing up and is set in Southern California in 1977. It is listed as ‘#10’ suggesting a title hasn’t been locked as yet. Tarantino says in a statement:

“I love shooting in California. I started directing movies here and it is only fitting that I shoot my final motion picture in the cinema capital of the world. There is nothing like shooting in my hometown; the crews are the best I’ve ever worked with, and the locations are amazing. The producers and I are thrilled to be making #10 in Los Angeles.”

The other two titles receiving $20 million in tax credits today is the Frank Sinatra biopic “Under My Skin,” as has an untitled Netflix feature. The remainder of the money is split between thirteen independent productions.

Tarantino was previously rewarded with $18 million in tax credits in 2017 to film his “Once Upon a Time in Hollywood” in the state to great success.

Approved projects are required to start production around 180 days after getting the credits, meaning production on Tarantino’s film will likely have to begin imminently after the strikes are over, assuming they end within the next six months.

Source: THR