STUDIO DEMAND & DEVELOPMENT, INVESTMENT ACTIVITIES, ECONOMIC GROWTH & MORE

What You’ll Learn:

• As demand for studio space in Chicago far exceeds supply amid an ongoing entertainment boom as Netflix, Amazon Prime and other content providers churn out new shows for binge-watching customers, how are current TV and film studios expanding their footprints to accommodate demand? What new studios are currently being developed?
• With new production studios in the works, how could Chicago emerge as one of the top film producing locations in this country?
• What type of ripple effect do production studios create on the local economy? What other opportunities does the growing film industry provide Chicagoans and hometown businesses?
• Since 1980, more than 1,100 feature films and television productions have been filmed in Chicago, contributing $2 billion in local revenue. How might a recent change in the Illinois Film Tax Credit potentially double Illinois’ film and movie production business to $1 billion a year industry?
• What is the “Chicago Made” Initiative and how might it strengthen Chicago’s TV & Film industry?