Over the past few decades, New Orleans has received the tag as a great place to visit anytime, but especially, during the Spring. For one, the weather is generally mild, while the food and the entertainment remain mostly “hot”. Then, of course, there’s the festivals—the world renown New Orleans Jazz and heritage Festival and now, the French Quarter Festival.
How are the tax credits being used in the more traditional industries in Louisiana such as oil and gas, agriculture and tourism? Also, Louisiana has a booming tourism industry which includes major conventions—so, how can the state take advantage of these incoming convention opportunities? Last, how might a business executive obtain information about the programs?
Rising from the waters and the rubble of Hurricane Katrina is the Live Performance industry due to the Louisiana entertainment tax credits tailored to that industry.
In the interview with Stephen Sabludowsky, publisher of Bayoubuzz.com, Chris Stelly discussed how the tax credits for live performance tax credits are helping to enhance the state’s culture and bolster Louisiana’s economy.
Is there a benefit for Louisiana to have multiple tax credit programs under the umbrella of Louisiana Entertainment?
In the interview with Stephen Sabludowsky, publisher of Bayoubuzz.com, Chris Stelly discussed how to the tax credits for Movies, music, live performance and live productions do cross pollinate and the benefits not only for the state, but for all involved.
One of my favorite topics to discuss, quite frankly, is Louisiana’ technology industry , specifically the interactive or digital media industry.
In the 90’s, I wrote a technology column for the Baton Rouge Business report and occasional articles for the Times Picayune. At the time, I also created and recorded weekday morning radio minutes on the local Bloomberg radio station, discussing technology and economic development. One of the main themes was the lack of technology in Louisiana, the dearth of venture capital, and the lack of government involvement in helping the industry grow.
One of the major programs born in the mid-2000’s that has helped make Louisiana more competitive in economic development is the music or sound Recording tax credits program.
In part 2 of an interview with Chris Stelly, the Executive Director of the State’s entertainment program for Louisiana Economic Development, the issue turned from the motion video tax credits to the music industry tax credits.
According to Chris Stelly, Louisiana state is very competitive and becoming increasingly diversified in its entertainment business. Stelly, who is Executive Director Louisiana Office of Entertainment Industry, Division of Louisiana Economic Development, made these and other comments in a Facebook Live interview with Bayoubuzz Publisher Stephen Sabludowsky, Friday morning.
More particularly, Stelly said the film industry is making a comeback after a slight setback due to the budget woes which created a perception problem that the film industry was failing.
On Friday, Chris Stelly, the Executive Director for Louisiana Entertainment for Louisiana Economic Development, will join Stephen Sabludowsky, Publisher of Bayoubuzz for a Facebook Live.
In Part I of a recent Google Hangout webcast, Chris Stelly, Exec. Director of the Entertainment Louisiana Economic Development discussed the exploding Louisiana film industry ranked number one in the world for movie filming due, in large part to a very generous tax incentive program introduced to the state in the early 2000's. In part II, Stelly explains the Digital Media Interactive program, which likewise offers very attractive tax incentives to software developers for work performed in the state.
Joining Stelly in the webcast, which is below, are Ronnie Bincer, Wayne Nix and Bayoubuzz Publisher Stephen Sabludowsky.
It was Louisiana entertainment and technology meeting Google Hangout advocates on Thursday as ideas and opportunities were added to a roux of “making business” Google Hangout and Louisiana style.