The film industry in New Mexico is thriving. With nearly 15 productions currently in production, or moving into post-production, millions of dollars and thousands of jobs are flowing through our state’s economy.
As Crystal McAlerney, President of the Studio Concierge at Albuquerque Studios says, our incentive programs are among the best in the nation, in terms of clear-cut benefits for filmmakers. The successful passage of the “Breaking Bad Bill” has brought numerous TV series to the state, including “From Dusk Til Dawn” on El Rey, which was originally shot in Austin.
The millions of dollars in production costs also translate into monies spent in the hospitality industry. Hotels like the Andaluz, Hotel Albuquerque and the forth-coming Hotel Chaco are just a small sampling of businesses booming from film. Restaurants and bars located within the hotels frequently host in-dining for production crews, as well as wrap parties, which can bring in thousands of dollars in a single evening.
McAlerney points out that while these receipts might be able to be tracked, there is additional spending throughout the state in tourism and entertainment that can’t be tracked, keeping an untold number of small businesses thriving during times of economic hardship.
The bottom line? New Mexico Film works for New Mexico.
CORRECTION: The number of jobs generated by direct and indirect affiliation with the film industry is 15,848, with an additional 7,888 jobs generated in tourism. These figures are found in the MNP Consulting report of the economic impact of film in 2015.
Brought to you by: New Mexico Living; Sponsored by: Albuquerque Studios