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Netflix to move production back to California

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While many productions chase tax credits and use them to help underwrite production costs, Netflix has decided that the savings do not outweigh the costs and so it will be moving as much of its production as possible, back to California. Netflix’s chief content officer Ted Sarandos said tax incentives like those can also threaten creativity. “I’m happy to participate in the incentives if they work, but there is a cost on the creative of the show,” he told the Wrap. “When you think about productions chasing tax credits all over the world, it puts the onus on the cast and crew who have to travel,” he added. “I hope you save enough money to put a $100 million production at risk by having a lot of miserable people around.”

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