Willy Gilly Productions is happy to announce, at long last, after months of pursuing their hard-earned tax credits, the state of New York has made good on their promise to support film and TV production by refunding investors.
The really good news is, these credits and refunds are vital to the growth of this industry in this state -- especially for small independent film companies who rely on such subsidies to augment their cash-flow. Willy Gilly (who are working on six new productions in 2012, as well as launching their publishing company) is working diligently to create the opportunity for productions that meet specific qualifications by the state to monetize these credits once they are approved in advance of production. This would enable small independent producers to provide monetary support for packaging their films in New York state.
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