Nevada
Why not incentivize housing instead of Hollywood? | Pat Hickey
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Recently, two headlines caught my eye. The first: Nevada plans to roll out the Hollywood red carpet with public tax breaks for private studio companies — Sony Pictures and Warner Bros. The other: The University of Nevada, Reno plans a new 400-unit public-private apartment complex near campus for faculty, staff and students.
Both proposals utilize tax-credit financing to incentivize businesses to meet Nevada’s needs.
To my mind, if it becomes a question of what is our most pressing priority, I would pick an affordable supply of homes for our Nevada towns over the lure of Tinseltown coming to our southern desert.
When I think of the future of a Nevada film industry, I don’t see it becoming a blockbuster. Gone is the glamour and dream-like entity that once was embodied by Hollywood. A successful sequel to the magic of movie-making success seems unlikely — whether it’s located in Studio City, California, or Summerlin, Nevada.
The curtain appears have come down on that once glorious period. Like the end of the the Old South’s saga in Hollywood’s “Gone with the Wind,” a bygone era of mystique and dominance is likely no more.
The slow death of cinemas
Hollywood was once the symbol of creative genius. Movies served as the vehicle for global storytelling. It was the place where human’s dreams were brought to life. Films in local movie theaters were once the crown jewel of the film industry. It’s hardly the case these days.
For me, it’s partly because the two cinemas where Shin and I used to spend Friday nights — dinner and a movie — are now shuttered. Reno’s downtown Riverside Theatre and Lake Tahoe’s Heavenly Cinema have both closed amid declining ticket sales, increased competition from streaming services and changing consumer habits, such as favoring movies at home. More than 1,000 U.S. theater screens have closed since 2019, and total box-office revenue remains well below pre-pandemic levels.
Hollywood’s demise has a lot to do with what has appeared on movie screens in recent times. Instead of creative, bigger-than-life sagas of the human spirit in all its varied forms — in war, peace, romance and even crime — today’s Hollywood films typically rely upon remakes, sequels and prequels of past glories, computer-generated comic book super heroes extravaganzas or horror flicks designed to frighten, or simply disgust. Call me old-fashioned. The fact is, this once avid filmgoer has become just plain disinterested. Many of my younger friends seem much the same, for their own reasons.
Even famed Oscar-winning Hollywood film director Martin Scorsese has soured on all the comic book super-hero types now frequently served-up by today’s bottom-line studios. In an interview with GQ Magazine, Scorsese says, “Superhero movies are “not cinema,” comparing them to theme parks rather than the art form of human emotion and psychological experience. He argues that they prioritize spectacle and commercial interests over artistic expression and that Hollywood’s financial dominance by these “franchise pictures” is pushing other types of films to the margins. The Oscar-winning director went on to say: “Theaters have become amusement parks.”
The last time I checked — some of those theme parks are closing as well.
Is a Nevada film industry a good investment?
In a recent Wall Street Journal story titled “L.A.’s Entertainment Economy Is Looking Like a Disaster Movie,” the newspaper reports: “The entertainment industry is in a downward spiral… Work is evaporating, businesses are closing, longtime residents are leaving and the heart of L.A.’s creative middle class is hanging on by a thread. Hollywood’s downturn has rippled through the region’s economy.”
Which is why some Nevadans believe luring struggling Hollywood film studios here could be a wise pursuit. As reported by The Nevada Independent, a PAC funded with $1 million by a coalition of building trades unions is preparing “to spend big to shape public and legislative opinion to pave the way for film tax legislation” if a special session is convened by the governor.
Incentives to motivate companies to relocate to Nevada have always been a tax tool in the state’s arsenal. A low-tax, limited-regulatory business environment has benefitted Nevada’s growth spurts throughout its history.
Transferable tax credits were a device to bring the Teslas of the world to Nevada. Acting like coupons that could be sold to other companies to help offset a company’s initial investment, they’ve worked effectively to attract major new industries and sports franchises to Nevada — even though libertarian organizations like the Nevada Policy Research Institute have consistently opposed having government “pick winners and losers.” Pick we did in the case of Tesla, and overall, I believe Nevada ended up a winner with the electric-vehicle company that helped usher the state into the era of advanced manufacturing.
I’m not so sure bringing Hollywood studios here would yield the same return on investment. Beyond the turmoil in California’s film industry, other states — such as New York and Georgia, with far larger economies and infrastructure, and nearby New Mexico and Utah — are already far ahead of Nevada in attracting films to be made outside of Hollywood.
While I support the livelihoods of construction workers — whose well-being is tied to the state’s overall health and the ancillary benefits of growth and development — I believe there are more pressing needs and far better opportunities for Nevada than becoming another annex for an on-the-ropes Hollywood.
Why not incentivize housing instead of Hollywood?
Two times, movie studio executives have tried to pass legislation to expand Nevada’s film tax credit program. They hope a Special Session, expected to be called soon, may be their third-time charm.
Should the public, through its elected representatives from both political parties, fail to get on board with the latest “central casting” call from Hollywood executives, I’d recommend another way to get creative.
Like UNR just did.
The national housing crisis manifests in many forms, but most impactful is the severe shortage of affordable housing units. State and local municipalities are increasingly taking action to build and preserve affordable housing. Localities can deploy a wide range of tools and investments: tax abatements and exemptions, tax increment financing, payments in lieu of taxes, public land contributions, low-interest rate loans, voucher deployment and more.
Instead of $1.4 billion over the next 15 years in tax credits for a film studio complex and related businesses, why not use those potential transferable tax credits as an economic development tool to help finance and provide a source of equity to fund construction of housing or rehabilitation for affordable housing for key segments of the economy, such as teachers, medical professionals and seniors. Large industrial partners like Tesla could be incentivized or make good on the “housing and infrastructure” promise Elon Musk made to the region and his own employees.
Better we do things for Nevadans who are already here than for those we hope to migrate here from Los Angeles.
Legendary Hollywood filmmaker Frank Capra (“It’s a Wonderful Life”), once said, “Only the daring should make films. Only the morally courageous are worthy of speaking to their fellow men for two hours, and in the dark”.
Nevada could use a little of that daring and courage. Hollywood may not be the answer. But the housing needs of many of our own families certainly are.
Your thoughts? At: tahoeboy68@gmail.com.
“Memo from the Middle” is an opinion column written by RGJ columnist Pat Hickey, a member of the Nevada Legislature from 1996 to 2016.
Nevada
Sloan Canyon crushes SLAM! Nevada to claim 4A region title — PHOTOS
After a showstopping offensive performance Friday night, Sloan Canyon will take to Nevada’s biggest stage for the chance to complete a perfect season.
The top-seeded Pirates plundered visiting SLAM! Nevada 47-10 to claim the 4A Southern Region championship. Sloan Canyon will face Reno’s McQueen High on Nov. 25 at Allegiant Stadium for the state title.
“This is such a great feeling for us and the boys,” said Pirates quarterback Cade Hoshino, draped in a variety of Hawaiian leis. “We found a brotherhood this season and I couldn’t be happier for these guys tonight.”
Hoshino conducted the Pirates offense with precision, finishing 14-for-27 passing for 219 yards and three touchdowns. Christian Rhodes was his favorite target, hauling in five catches for 82 yards and a touchdown.
Sloan Canyon (12-0) moved the ball well on the ground too, as running back Jermaine Wilson Jr. gained 165 yards on 21 carries, scoring twice.
After the win, Pirates coach Nate Oishi was happy but grounded, emphasizing Monday’s practice more than the state championship matchup.
“They took it one play at a time and they didn’t look up at the scoreboard until the game was over,” Oishi said. “They’ve been doing that all season long — one play at a time, one practice at a time, one game at a time. I’m proud of them.”
Sloan Canyon took control from the opening drive, when defensive back Jerome Johnson picked off Bulls QB Mark Schramm. That interception led to a 5-yard touchdown run from Kalepo Mose.
Early in the second quarter, No. 6 seed SLAM! Nevada (8-5) got on the board when kicker Grant Ploetz connected from 27 yards out. From then on, it was pretty much all Pirates.
Mose scored once more for Sloan Canyon before halftime, on a 1-yard run, to give the Pirates a 14-3 lead.
Hoshino threw his first touchdown pass of the night early in the third quarter, finding Rhodes in the back right corner of the end zone on a rainbow-arc 35-yard pass. On Sloan Canyon’s next drive, Hoshino got the Pirates inside the Bulls’ 10 with a 42-yard pass to Justice Hutchins. Wilson finished the drive with an 8-yard scoring run, making it 28-3.
SLAM! Nevada scored once more, on a third-quarter touchdown pass from Schramm to Malakai Boykin to cut the deficit to 28-10.
Schramm went 9-for-21 on the night, with 79 passing yards, one touchdown and a pair of interceptions. Running back Anthony Edwards Jr. moved the ball well for the Bulls, finishing with 67 rushing yards on 12 carries.
The Pirates scored two more touchdowns in the third quarter: a 7-yard Wilson run and a 2-yard touchdown pass from Hoshino to Brandon Quaglio.
Sloan Canyon put the game away for good on another Hoshino-to-Quaglio TD early in the fourth quarter.
Nevada
Lawmakers debate proposed film studio bill: ‘For every dollar, we’d lose 77 cents’
Nevada
Pinecrest Academy of Northern Nevada hosts community craft fair
RENO, Nev. (KOLO) – Pinecrest Academy of Northern Nevada is bringing the community together for a holiday craft fair this weekend.
Students, Jacob and Harper, stopped by Morning Break to share all the details of the event and their love for their school.
The craft fair takes place Saturday, Nov. 15 from 9 a.m.-2 p.m. at the school (1150 Silent Sparrow Drive, Sparks). There will be over 50 vendors, and Christmas present wrapping station, delicious food and drinks and so much more. Click here to learn more.
Copyright 2025 KOLO. All rights reserved.
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