Even Hollywood Gets a Part of the Bailout

It looks like Hollywood might get a piece of the bailout pie!
In the now bloated 700 billion dollar bailout package shoving upstream through Congress, the film industry could receive up to $470 million in tax breaks to shoot at home in the United States. With that much money you could make approximately…4 average-sized Hollywood flicks.
Just like every other major United States industry, the film industry has been going beyond the borders to make movies for less money, accounting for the loss of many industry jobs in the States and especially in Southern California.
The tax cut would be similar to the cuts that big manufacturing companies would receive. Additionally, films that shoot in the US would be rewarded with larger tax breaks.