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Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit

Posted by Va'al Jul 13, 2017 at 2:18am CDT 14,465 views

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As part of the scheme to prevent production companies to employ studios and shooting locations abroad, we have news that the Paramount Bumblebee movie currently starting production has received a tax credit of $22M for its location in LA and California more widely - currently the biggest for a movie production. You can read more about it below!

In a major boon to local production, “Bumblebee,” the spinoff movie from Paramount’s “Transformers” franchise, will shoot in California with the help of a $22-million tax credit.

It’s the largest tax break awarded to date under a state program aimed at curbing so-called runaway production.

The new movie will film entirely in California, according to a Paramount spokesman. Production is expected to take place in the Los Angeles area as well as in Northern California, according to two people familiar with the project who requested anonymity because they were not authorized to discuss it publicly.

The production, described only in state records as the “Untitled Paramount Project,” has received preliminary approval to receive a state tax credit of $22 million, according to the California Film Commission.

Transformers News: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit

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Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by MGrotusque Jul 13, 2017

I just hope with all the extra money they're saving with this tax credit they can treat the pre production crews well. Most shows really like to kick around the pre production crews pretty hard with unreasonable work schedules and conditions and blame it on budget issues.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Va'al Jul 13, 2017

Via fellow Seibertronian SnoopDawg, we have some potential casting choices for the Paramount Bumblebee prequel, already starring Hailee Steinfeld and Jorge Lendenborg Jr, as featured in The Hollywood Reporter. This looks to be an extremely young cast indeed, and with Spielberg reportedly involved in the production again, it looks like Paramount is shifting its efforts on a more targeted audience. Check out more info below!

Paramount's Transformers spinoff Bumblebee is quickly rounding out its cast, adding a handful of young actors including Jason Drucker, Abby Quinn, Rachel Crow, Ricardo Hoyos and Gracie Dzienny, who are in various stages of negotiations.

[...]

The film will clearly feature a slew of young rising stars: Drucker was most recently seen in Fox’s reboot Diary of a Wimpy Kid: The Long Haul. He’s repped by Coast to Coast and Industry Entertainment.

Hoyos starred on Degrassi: Next Class and also was seen in The Belko Experiment. He’s repped by Industry Entertainment.

Quinn starred opposite Jenny Slate in Gillian Robespierre's Landline, which played at Sundance and hits theaters on July 21. She also stars opposite Joey King in Radium Girls. She’s repped by CAA and Rebecca Kitt & Associates.

Crow has appeared on the TV shows BrainSurge, Big Time Rush and Figure It Out and voiced Carla in the animated film Rio 2. She’s repped by UTA and Untitled Entertainment.

Dzienny’s credits include TV series Zoo and Chasing Life. She’s repped by Innovative Artists and Inphenate.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Deadput Jul 13, 2017

...who?

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by william-james88 Jul 13, 2017

Deadput wrote:...who?

You dont know Snoop Dog?

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Optimum Supreme Jul 13, 2017

He clearly is talking about every single human in this movie. On the bright side, if every one is an unknown nobody, maybe it will focus better on the robits than goofy parents or humping dogs. :michaelbay:

:michaelbay:

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Deadput Jul 13, 2017

Optimum Supreme wrote:He clearly is talking about every single human in this movie. On the bright side, if every one is an unknown nobody, maybe it will focus better on the robits than goofy parents or humping dogs.

Should also mean a lower budget that should be put into more robot screen time since their not hiring a bunch of celebrities.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by william-james88 Jul 13, 2017

Optimum Supreme wrote:He clearly is talking about every single human in this movie. On the bright side, if every one is an unknown nobody, maybe it will focus better on the robits than goofy parents or humping dogs.

But werent those humping dogs unknown back then too? Before their big break I mean.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Microraptor Jul 13, 2017

So this is gonna be very high-school. That's cool, Bumblebee is a kid-appeal character so it makes sense to have him hang with kids.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by SnoopDawg Jul 13, 2017

william-james88 wrote:
Deadput wrote:...who?

You dont know Snoop Dog?

Yeah, you know ... that rapper guy. He's gonna be in the movie :lol:

:lol:

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by D-Maximal_Primal Jul 16, 2017

I'm hoping the new creative team can pull something good out. I have hopes for the film, Iron Giant style with a few robots and a new setting all included

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by WreckerJack Jul 18, 2017

Casting directors are looking for a voice talent for the extra speaking roles in Paramout Pictures' upcoming Transformers Universe: Bumblebee. Filming will begin on July 31, 2017 according to this article. If you are thinking about applying, have a look at casting call information!

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Deadput Jul 18, 2017

Being a voice actor is something I've wanted to do but I'm sure their looking for more experienced actors.

Plus you got to pay to be a member of the site to apply.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by WreckerJack Jul 19, 2017

Omega Underground has gotten word of some of the details of the Bumblebee film. The production title will be "Brighton Falls" according to Omega Underground. While this name does not give us many clues as to what the movie might be about, the article does give us some eye-opening hints.

From what we are told, Hailee Steinfeld will have a starring role as a tomboy who has a job as a mechanic after school. This may not tell us much by itself, but combined with what producer Lorenzo di Bonaventura has hinted in the past about taking inspiration from the animated Iron Giant film we can ponder some ideas.

“There are dramatically less Transformers. We hired purposefully Travis Knight, who is a very distinct filmmaker. You can’t compete with Michael, you’re gonna lose. And also I think the audience wants something different all the time, let’s keep them interested. They’re gonna get a very emotionally complex story, a very tight story in terms of its location and in terms of its storytelling. In fact it reminds me a little bit of ‘Iron Giant’ years ago when I did that movie at Warner Bros. It just reminds me a little bit of that where it was very contained and yet it didn’t feel small.”

If you are interested in the new Bumblebee film, please have a look here!

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Deadput Jul 19, 2017

RIP Brighton he was the best character in the franchise.

Say hello to Nitro Zeus for me.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by OptimalOptimus2 Jul 19, 2017

Deadput wrote:Being a voice actor is something I've wanted to do but I'm sure their looking for more experienced actors.

Plus you got to pay to be a member of the site to apply.

It wouldn't hurt to apply. Follow your dreams!

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Bronzewolf Jul 21, 2017

Thanks to Seibertronian SnoopDawg, we know that the Hollywood Reporter is, well, reporting that the upcoming Bumblebee Spinoff Film will have a extremely small budget of only $70 Million. This comes in at one third of the budget for The Last Knight, which strained Paramount's wallets at an estimated $217-$270 million. Here's the excerpt from the HW article, but read the full write up
here!

Now, Paramount is cutting costs. Its Bumblebee spin-off is pegged at $70 million-plus (according to sources), compared to Last Knight's $217 million.

A younger cast, headed by Hailee Steinfeld, 20, will be directed by Travis Knight when filming starts in August. The story, centered on the yellow bot, will be set in 1987.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by breacher Jul 21, 2017

The more I see about this movie the less it interests me.

Low-budget

A bunch of C-list actors

Very few actual transformers

Do the people at Paramount actual listen to ANY criticism at all? FOR AN ENTIRE DECADE, the fans have been saying, "more transformers, less humans", and after TLK underperformed BOTH critically and financially, they make this. Wouldn't be surprised if this ends up putting the final nail in the coffin for this franchise.

However, If we finally get Cliffjumper, I can be swayed. If they do this right, I want a hotrod-cliff-bee team against starscream, barricade, and maybe a few others. But if this is by the same "transformers universe writers room" it'll probably crash and burn. I'm of the few in the fanbase that actually likes these movies for what they are, but TLK crossed multiple lines.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by griftimus prime Jul 21, 2017

after tf5 there is no more the sky is the limit budgeting. these movies have to prove to be profitable before than can happen again.

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by BERSEKAEL Jul 21, 2017

Paint it in red, make the movie about cliff jumper... kind of too much yellow already

Re: Transformers Bumblebee 2018 Movie Receives $22M California Tax Credit (view post)

Comment by Va'al Jul 23, 2017

According to online magazine Deadline, there is news for the Transformers Universe: Bumblebee movie set for 2018 in terms of casting: Pamela Adlon has been eyed for the role of Hailee Steinfeld's character's mother. Nothing has been confirmed as yet, but you can read more below!

Pamela Adlon, fresh off a Best Comedy Series Actress Emmy nomination for her FX series Better Things, is in negotiations to join the cast of Bumblebee, Paramount’s first spinoff of its Transformers franchise. Kubo and the Two Strings helmer Travis Knight is directing the pic, which is being toplined by Hailee Steinfeld.

Adlon will play Steinfeld’s mother in the movie scripted by Christina Hodson. The story is mostly under wraps, but it originated from Michael Bay and Paramount’s writers room project. Lorenzo Di Bonaventura, Bay and Steven Spielberg are producing with Hasbro’s Brian Goldner and Stephen Davis.

Bumblebee has staked out June 8 release date.

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