Jon Favreau and Marvel Studios are willing to put their weight behind California Governor Arnold Schwarzenegger and his push to give Hollywood studios tax breaks for making their movies within the state. Favreau spoke to Nikki Finke at Deadline Hollywood about how Marvel is willing to commit to making Iron Man 2, Thor, The First Avenger: Captain America and The Avengers all in Hollywood.
"They're willing to make a commitment to keep all four productions here in town. They're looking for existing studio space right now," Favreau says. Those four films alone would represent over $600 million which would be spent in California, instead of being lured away to other markets offering tax incentives to film makers.
The California legislature has been resistant to providing tax incentives to studios, which has prompted numerous productions, such as ABC's Ugly Betty to leave Hollywood and film elsewhere. However, it is possible that Marvel's lobbying efforts may succeed where Schwarzenegger's alone have failed.