"The Simpsons Movie 2" And Third "Phineas And Ferb" Lands California Tax Credits As California's Goverment Will Fund More Animation Projects.
California is pushing to bring animation production back to the state, with a new round of tax credits that now includes animated features alongside live-action projects. California has awarded tax credits to 38 film projects through its expanded Film & Television Tax Credit Program, including "The Simpsons Movie 2" from 20th Century Animation/20th Television Animation/Gracie Films and the third "Phineas And Ferb" film from Disney Television Animation marking one of the first rounds to include animated features alongside big-budget and productions.
Animated feature films were eligible for the first time in the program's history, with three projects selected from DreamWorks Animation, 20th Century Studios, and Disney Television Animation. "The Simpsons 2" is set to receive $21.9 million in tax credits, while "Phineas And Ferb 3" has been allocated about $3.5 million.
"The Simpsons 2 and the other animated features are projected to deliver $144 million in qualified expenditures throughout the state. In total, the 38 studio projects will create over $800 million injection into California’s economy." CFC.
The Legislature voted last year to include animated projects (TV and Film) in the program for the first time, as it more than doubled the overall expenditure to $750 million per year. Other projects selected was the upcoming "Family Guy" spin-off "Stewie" from 20th Television Animation and Adult Swim's "President Curtis" a spin-off of "Rick and Morty"
