Latest / Wilmington News Today | 2 Min News | The Daily News Now!
North Carolina Film Grants Running Dry | Wilmington News
North Carolina’s film grant program is running on fumes—no reserve funds left to cushion delays. Though it still gets its annual $31 million, new productions may face funding delays as the buffer, built up from years of under-spending, has been drained by recent surges in payouts. The program, which rewards post-production spending in the state, has been a major boost for the Southeast, but without that reserve, it’s now more vulnerable to demand spikes. Lawmakers may need to revisit funding as grant caps rise and cash flow tightens—while the core funding remains, the reserve’s collapse means…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.