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What will be the total investment by Warner Bros. in Southern Nevada productions for 2025?
3
Resolution / Starting Odds
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $1.5 billion • 25%
Financial reports from Warner Bros. or official announcements
Story
Warner Bros. Plans $8.5B Las Vegas Studio, Awaits Tax Credit Approval
Aug 20, 2024, 06:52 PM
Warner Bros. Discovery has announced plans to invest $8.5 billion in a new film studio in Las Vegas, Nevada, contingent upon the approval of a film tax credit program by state lawmakers. The entertainment giant intends to lease and operate the proposed Nevada Studios in partnership with the University of Nevada, Las Vegas (UNLV) and Birtcher Development. Additionally, Warner Bros. pledges half a billion dollars annually toward productions in Southern Nevada. This investment is part of a broader strategy to expand its production capabilities in Southern Nevada, potentially competing with other major studios such as Sony. The commitment includes a long-term lease and significant production spending over 17 years, aimed at transforming Las Vegas into a prominent hub for film and television production.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Sony Pictures • 25%
Universal Studios • 25%
Paramount Pictures • 25%
Other • 25%
Yes • 50%
No • 50%
Less than $600 million • 33%
$600 million to $700 million • 33%
More than $700 million • 33%
Sony Pictures • 25%
Universal Studios • 25%
Paramount Pictures • 25%
Other • 25%
Less than 100 • 25%
100-199 • 25%
200-299 • 25%
300 or more • 25%
Top 5 • 25%
Top 10 • 25%
Top 15 • 25%
Below Top 15 • 25%
Approved as proposed • 25%
Approved with modifications • 25%
Rejected • 25%
No decision by deadline • 25%
Approved as proposed • 25%
Approved with modifications • 25%
Rejected • 25%
No decision by end of 2024 • 25%
Increase by more than 25% • 25%
Increase by 10-25% • 25%
Increase by less than 10% • 25%
No increase or decrease • 25%
Secured and announced • 33%
Partially secured • 33%
Not secured • 33%