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Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline

Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.
Entertainment - Los Angeles Times - October 27
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe

Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AI
Business - Financial Times - October 29

Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline