The Daniels film is among the recipients in the largest allocation of California film and TV tax credits.

      The follow-up by the Daniels to their Best Picture-winning film, Everything Everywhere All at Once, is included among the 51 projects announced in the latest round of the California Film & Television Tax Credit Program, marking the largest number of approved projects in the program's history. These tax credits for film and television are part of the state's efforts to recover from a challenging year of strikes and the devastating fires that hit Los Angeles in January.

      Out of the 51 approved projects, 46 are independent features. Collectively, these projects are anticipated to create nearly $580 million in economic activity and employ over 6,490 individuals as cast and crew, as reported by the California Film Commission. Additionally, they are expected to lead to the hiring of 37,000 background performers, based on days worked.

      The Daniels' project, produced by NBCUniversal, is projected to incur $106,776,000 in qualified expenditures and to receive a tax credit allocation of $20,784,000, positioning it as one of the largest among the listed projects. The largest is an unnamed film from Warner Bros., expected to have qualified expenditures of $107,782,000 and receive $20,096,000 in credits. Details about these two significant projects remain limited.

      The duo known as the Daniels, Daniel Kwan and Daniel Scheinert, are developing their new project with producer Jonathan Wang, which is anticipated to hit theaters next year.

      “We are filmmakers from LA with wonderful friends in LA, who just happen to be some of the most talented creatives we've collaborated with,” the Daniels and Wang stated jointly. “On Everything Everywhere All At Once, we were able to utilize the California tax credit, which was essential to the film's production.

      “We are also deeply appreciative of the CFC’s dedication to assisting local filmmakers and the larger community. We’re excited about the chance to shoot our next project in Los Angeles, which will create jobs and opportunities for many Californians.”

      Colleen Bell, director of the California Film Commission, added: “The severe wildfires in Southern California have brought unprecedented challenges to our film and television industry, interrupting over a dozen productions within our Film & Television Tax Credit Program and affecting many others.

      “These interruptions have influenced the jobs of thousands of cast and crew members, impacting everything from production timelines and financing to housing and location accessibility. Now, more than ever, this program is an essential resource to support productions in recovery, preserving jobs and investments within our state while ensuring California stays at the heart of the entertainment industry.”

      Governor Gavin Newsom remarked that these projects would benefit individuals across the state in various sectors.

      “While other states attempt to mimic California’s on-screen success, it’s clear that the Golden State is the entertainment capital of the world, built on decades of innovation and hard work,” he commented. “Today’s awards are crucial for maintaining production where it belongs—creating thousands of well-paying jobs ‘below the line’ and supporting local businesses that depend on a flourishing film and television industry.”

      Another notable project receiving tax credits is an untitled drag queen movie from World of Wonder Productions and producer RuPaul Charles. It has secured $1.7 million in tax credits, with estimated wages of $4.4 million and total qualified expenses of $6.6 million.

      “Category is: there’s no place like home!” Charles stated. “Having produced a TV series in Los Angeles for 17 years, I am thrilled that our feature film, ‘Untitled Drag Queen Movie,’ is receiving tax credits from the California Film Commission. These incentives have been crucial in supporting our financing. Best of all, we’re getting people back to work in Hollywood.”

      Main image: The Daniels’ Everything Everywhere All at Once. A24.