New York City filming permits declined 53% year over year in August, which marked the first full month of the year during which both the Writers Guild of America and the Screen Actors Guild/American Federation of Television and Radio Artists were on strike against the Alliance of Motion Picture and Television Producers.
Google’s $2.1 billion real-estate purchase is the latest in a string of blockbuster deals from big tech companies.
TV Is Suddenly Tight In New York City
What had been a slow year for New York City TV is heating up. While overall spending is down versus last year, inventory is suddenly tight due to high demand from political with Election Day less than two weeks away. TV spending in New York is down about 7% year-to-year, with pricing flat. Political spending was not a major factor for most of the year, but it got hot over the past few weeks.
Exclusives
CBS Corp. is eligible to receive at least $16 million in tax credits and grants from the state of New York for its commitment to keep The Late Show With Stephen Colbert at the Ed Sullivan Theatre in Manhattan. CBS can seek at least $11 million in tax credits over five years to cover certain expenses and may receive as much as $5 million grant to defray costs to renovate the theater.
