All the American Guilds (DGA, IATSE, WGA, SAG-AFTRA, and The Teamsters), together with the Motion Picture Association of America (made up of the major studios and streamers like Walt Disney Studios, Netflix, Paramount Pictures, Prime Video & Amazon MGM Studios, Sony Pictures, Universal Pictures, and Warner Bros. Discovery), have been lobbying heavily for a US federal screen tax credit.
Hollywood Special Ambassador Jon Voight and his team have been working hard on this, too.
The primary reason for all the effort: to draw runaway screen production back to the US.
And Trump is listening.
Added to this is the announcement from the various state attorneys general greenlighting the Paramount takeover of Warner Bros. Discovery (WBD).
To get this to happen, Paramount has, amongst other conditions, committed to:
- Investing at least an additional $300 million in film production in the U.S. annually — for a total of $1.5 billion over five years, on top of what they spent in 2025 on filming domestically.
- Releasing a minimum of 30 films annually for the first two years, increasing to 32 films per year for the subsequent three years.
- Ensuring at least 20% of film production happens in the US, rising to 30% in the subsequent three years
- Paying a penalty of US$30 million per missed film if they don’t meet their domestic production thresholds
Neither the federal tax credit nor the Paramount-WBD takeover has actually occurred yet. We all know how easily attitudes change in the White House. And there’s still plenty of opposition to the takeover. Should they happen, however, the volume of runaway production to offshore locations is going to lessen. This is particularly so if the federal tax credit can be stacked on top of state production incentives, as many there hope.
These are just the latest in a long list of threats, real or supposed, to attracting international productions to our shores. What this latest lot do, though, is highlight again the ongoing fragility of the New Zealand screen production industry, exacerbated by the difficulty in financing local production.
So what’s changed?
In the NZ screen industry, not a whole lot. Certainly on the domestic side. Especially in television. The total lack of any real strategic vision for the NZ screen industry’s future, and someone to drive it forward, has seen us floundering around for well over a decade now.
Sure there’s been some tinkering going on. Change the criteria here. Tweak the rebates there. Shuffle the diminishing funding around a bit. And more. But it’s all reactive. Not proactive.
We all share in the blame—government, broadcasters, funding bodies, screen orgs, screen businesses, and the individuals who make up the screen sector.
It’s time for a paradigm change. To take us to a better place.
Tui Ruwhiu
Executive Director


