QUICK SUMMARY
New Mexico's film industry experiences growth, driven by a tax incentive program that appeals to production companies. The new Arrowhead Studios, a $15 million facility on New Mexico State University's campus, is set to create hundreds of jobs and provide internships for students. The state's annual film production contributes $500 million to the economy.
New Mexico's film industry is experiencing a surge in interest due to an enhanced tax incentive program that attracts production companies. According to the New Mexico Film Office, film production contributes $500 million annually to the state's economy. The recent groundbreaking of Arrowhead Studios, a $15 million facility on the New Mexico State University campus, is set to create hundreds of jobs and provide valuable internship opportunities for students. Ross Marks, NMSU's creative director, stated that a major production company is expected to sign a 10-year lease with the studio. The state's incentives include a 10% rebate increase for filming outside of Albuquerque and Santa Fe, making it appealing to Hollywood and global filmmakers. The Film Office also announced the upcoming series "Hate Train," which will start production in Farmington and Albuquerque next month. Steve Graham from the Film Office noted that long-term productions like series create nearly permanent job opportunities. These developments underscore the growing economic impact of the film industry in Southern New Mexico.