LAS VEGAS (KTNV) – Another movie studio is planting its flag in the Las Vegas area.
On Tuesday, Warner Bros. Discovery announced its partnership with UNLV and Birtcher Development in a long-term commitment to fully lease, operate and occupy Nevada Studios, which will be at UNLV’s Harry Reid Research and Technology Park. It is close to 215 and Durango Drive.
According to a press release, Nevada Studios will be renamed “Warner Bros. Studios Nevada” and will feature full-service film and television studios, as well as other amenities “designed to capitalize on emerging technologies similar to WBD’s content creation. “
The 34-acre campus will also feature the Nevada Media and Technology Laboratory, which will provide opportunities for UNLV’s film branch and other school branches of the university. This includes space to support job training, internships and studies, and career progression opportunities for Nevada K-12 and higher education partners.
“In addition to our studios in Burbank, California and Leavesden, UK, Warner Bros. Nevada Studios represents a wonderful opportunity to further expand our amenities to accommodate those productions and many more in the future,” said Simon Robinson, director of operations of Warner Bros. Studios. “We are fully committed and excited about the prospect of a long-term partnership and presence in Nevada and are confident that it will be beneficial to the state of Nevada, the Las Vegas community and WBD as we look toward our next hundred years. Years of exceptional storytelling.
Sony Pictures may also be coming to the valley with a studio assignment in the Summerlin area, subsidized through Howard Hughes Holdings.
Howard Hughes CEO David O’Reilly said the allocation would create 10,000 good-paying jobs in the valley.
WATCH: Las Vegas filmmaker and actor thinks Summerlin Studios may simply be a celebrity hit
Both projects won the award from Hollywood stars such as Mark Wahlberg and Jeremy Renner.
“There are tons of talented people here, but also, in order to attract new people, you have to make sure that there’s a guarantee that you’ll be working for X amount of time and [the state] needs to make sure that you do. “”It’s eliminating the tax, so other people will come,” Wahlberg previously said. “I think they’re very excited about creating a new industry outside of the game. “
Those projects are still on hold while state lawmakers enact the Nevada Film Studio Infrastructure Act.
While a 2023 edition of the bill stalled last session, Nevada Sen. Roberta Lange will bring back a revised edition for the 2025 legislative session.
“When we reach out to citizens, we continually hear that we want to further diversify our Southern Nevada economy while also dedicating resources to developing our workforce. These are the most sensible priorities for all of us and I can proudly say that my law achieves both. ,” Lange said. Before, the State invested twice as much. So we reduced it to a more manageable amount that I think the state could afford. “
Existing Nevada law limits tax credits to $6 million per production and limits the state to offering more than $10 million in tax credits for all film productions per year.
The 2023 edition of the bill planned to offer up to $190 million in annual film tax credits, but the 2025 edition of the bill would amount to $95 million per year, according to Lange.
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