The hit AMC show Breaking Bad has been nothing but good for Albuquerque, NM. A recent LA Times article reveals the show has pumped upwards of $70 million into the city over five years.
Movies like Hangover 3 have brought film money to Arizona. The film was shot in Nogales while made to appear as if it was Tijuana.
That project, however, seems to be the exception rather than the rule. Many film and production studios are in Arizona, but they're only passing through, heading to other states that offer TV and filmmakers better tax incentives.
"What we don't have. What 40 other states do have is an incentive program," says Hal Gibson, president of the Arizona Film and Media Coalition.
Gibson says Arizona has it all as a shooting destination, uninterrupted sunny weather, a vibrant metropolis and some of nature's most majestic and picturesque scenes.
The lack of tax incentives, according to Gibson, is the chief reason Disney Studios shot most of The Lone Ranger in New Mexico as opposed to Arizona.
"Arizona is losing in excess of $300 million a year by not having this industry in the state," says Gibson.
According to a new report from the city of Phoenix film office, TV and film spending was up 72 percent from last year, bringing in $13.7 million.
However, that's a far cry from the five years between 2005 and 2010 where Arizona did offer film and TV tax incentives.
The peak year was 2006-2007 when film and TV spending accounted for $54.4 million going into the local economy.
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