Extreme weather, insurance, and tax credits are shaping the future of filmmaking
As climate-related risks grow increasingly unpredictable, the film industry faces mounting challenges in deciding how – and where – to shoot its next big hit.
From wildfires in California to hurricanes in Florida, amplified natural catastrophe risks are forcing production firms to rethink their approach to location filming. At the heart of this is a balancing act: managing catastrophe exposure while maximizing the financial benefits of film tax credit incentives.
“Catastrophic risk is being discussed across the country,” said Peter Burt (pictured), pres…