Lee Stewart
10-06-2008, 03:26 PM
Marvel signs long-term lease with Raleigh
'Iron Man 2,' 'Thor' among titles to be shot at Calif. studio
By Borys Kit
Oct 6, 2008, 02:35 PM ET
Marvel Studios is keeping its movies in California.
The company has signed a long-term lease with Raleigh Studios to film its upcoming slate of four movies at Raleigh's Manhattan Beach complex. The films to be shot there include "Iron Man 2," "Thor," "The First Avenger: Captain America" and "The Avengers."
As part of the agreement, Marvel will move its Beverly Hills-based executive and production offices to Raleigh's facility in Manhattan Beach.
The deal is a boon for Los Angeles' and California's beleaguered film industry, which has been battling runaway production for the better part of this decade as other states, as well as other countries, have introduced massive tax incentives.
The Marvel projects are tentpole movies, and the agreement easily keeps over $500-600 million worth of production in the state. ("Iron Man," for example, had a production budget of at least $140 million.)
http://www.hollywoodreporter.com/hr/content_display/news/e3i3ccdd00902078c24c29844ae2fdb5908
'Iron Man 2,' 'Thor' among titles to be shot at Calif. studio
By Borys Kit
Oct 6, 2008, 02:35 PM ET
Marvel Studios is keeping its movies in California.
The company has signed a long-term lease with Raleigh Studios to film its upcoming slate of four movies at Raleigh's Manhattan Beach complex. The films to be shot there include "Iron Man 2," "Thor," "The First Avenger: Captain America" and "The Avengers."
As part of the agreement, Marvel will move its Beverly Hills-based executive and production offices to Raleigh's facility in Manhattan Beach.
The deal is a boon for Los Angeles' and California's beleaguered film industry, which has been battling runaway production for the better part of this decade as other states, as well as other countries, have introduced massive tax incentives.
The Marvel projects are tentpole movies, and the agreement easily keeps over $500-600 million worth of production in the state. ("Iron Man," for example, had a production budget of at least $140 million.)
http://www.hollywoodreporter.com/hr/content_display/news/e3i3ccdd00902078c24c29844ae2fdb5908