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{"id":3371,"date":"2010-11-18T17:17:56","date_gmt":"2010-11-19T00:17:56","guid":{"rendered":"http:\/\/wrestlingbabylon.wordpress.com\/?p=3371"},"modified":"2024-05-29T17:03:41","modified_gmt":"2024-05-30T01:03:41","slug":"wwe-a-beneficiary-of-connecticut-film-tax-credits","status":"publish","type":"post","link":"https:\/\/concussioninc.net\/?p=3371","title":{"rendered":"WWE a Beneficiary of Connecticut Film Tax Credits"},"content":{"rendered":"

\n<\/p>\n

A study of these film tax subsidy programs in 43 states, undertaken by the Center on Budget and Policy Priorities, concluded that they were bad investments, according to an article about the study in the Hartford Business Journal<\/em>. See “CT, other states’ film credits panned,” http:\/\/www.hartfordbusiness.com\/news15646.html<\/a>.<\/p>\n

According to its most recent Securities and Exchange Commission filing, the publicly traded WWE received $6.1 million in film tax credits in the last quarter. These revenues are not broken down state-by-state, but the bulk surely came from Connecticut and Louisiana (where WWE’s film division shoots low-budget movies that go quickly or directly to video). WWE also is believed to receive film tax subsidies from some states where it travels to shoot its weekly Raw <\/em>and Smackdown <\/em>TV shows.<\/p>\n

<\/p>\n

Irv Muchnick<\/em><\/p>\n

<\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"