Michael Jackson biopic to spend a record $120 million in California under state tax credit program

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Michael Jackson biopic to spend a record $120 million in California under state tax credit program
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A film about the life of Michael Jackson is on track to break records for spending under California’s film tax credit program.

The California Film Commission said “Michael” is among 24 independent and studio film projects selected for the latest round of the state tax credits. Those features will generate an estimated $423 million in “qualified” spending and $662 million in overall spending across California, the group said.

“The program is an important tool for maintaining our competitiveness and curbing runaway production,” California Film Commission Executive Director Colleen Bell said in a statement. “We are working harder than ever to keep entertainment production here in California, where it belongs.” In all, the California Film Commission received a total of 58 applications and has reserved $81.7 million in tax credits for the 24 conditionally approved projects.Michael Jackson’s nephew Jaafar Jackson was cast in the upcoming biopic on the King of Pop. The film is directed by “Training Day” director Antoine Fuqua.

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