‘Yellowstone’ show brought 500 jobs, $15 million in spending to Montana, report says

Filming in Montana of the hit cable present “Yellowstone” has added significantly to the state’s economic system, together with greater than 500 jobs, in accordance with a College of Montana research.

Patrick Barkey, director of the Bureau of Enterprise and Financial Analysis, introduced the findings to state lawmakers on Monday.

“There’s numerous particulars to this, however, actually, the numbers are fairly astonishing,” Barkey stated.

The research discovered the state has collected greater than $10 million in tax income, added 527 jobs and noticed greater than $15 million spent on Montana-based services and products throughout filming.

That information was collected between October 2020 and February 2021 when season 4 of “Yellowstone” was filmed. Earlier seasons had been filmed in Utah, however manufacturing moved to Montana after the state Legislature expanded a tax credit score for media firms in 2019.

The research was carried out utilizing information supplied by Paramount, which produces the drama a couple of ranching household starring Kevin Costner. Barkey famous the research doesn’t embody information on its impression to tourism in Montana or companies that present help providers.

Barkey stated the tax income collected wasn’t sufficient to offset the tax credit score supplied to the challenge, however that its financial contribution was “nicely in extra” of its financial footprint.

Lawmakers will contemplate at their subsequent assembly in June whether or not to suggest increasing the tax credit score.

A consultant for Paramount advised lawmakers Yellowstone will start filming season 5 in Montana subsequent month.