'Money Is Money' Approved for Film Incentive
LANSING (WWJ) – The Michigan Film Office announced that the feature film 'Money is Money' has been approved for a film incentive from the state.
The twist-filled thriller is set in Detroit and the surrounding areas and is scheduled to film later this summer.
"Factors including our compelling locations, strong crew base and competitive incentive program led to Money is Money filming here in Michigan over competing locations," said Margaret O'Riley, director of the Michigan Film Office. "Another compelling factor was the positive experiences in Michigan several key members of the production team had previously. Repeat business like this is a testament to Michigan as a filmmaking destination."
Money is Money was awarded an incentive of $2,009,298 on $6,453,717 of projected in-state expenditures. The project is expected to hire 144 Michigan workers with a full time equivalent of 46 jobs.
In Money is Money, three childhood friends -- James, Eric and Alex -- find themselves aspiring to live a more comfortable lifestyle than their current situation, especially after James has to borrow money from a loan shark to pay for his daughter's medical procedure. After a burglary gone wrong the friendship turns to betrayal as the passage into the world of "every man for himself" drives the characters to make radical choices.
Rachel Horovitz (Moneyball, Grey Gardens), Dominique Boutonnat and Hubert Caillard (The Untouchables, 2 Days in New York) will produce the film, with Gela Babluani (13 Tzameti, The Legacy) writing and directing.
In fiscal year 2013, which began Oct. 1, 24 projects have been awarded a total of $35,724,215 on $135,803,499 of approved production expenditures for the year. These projects are expected to create 1,693 Michigan hires with a full time equivalent of 656 jobs.
The Michigan Film Office was created in 1979 to assist and attract incoming production companies and promote the growth of Michigan's own film industry. The Film Office also administers the incentive program for film, television and other digital media production in Michigan. For more on the Michigan Film Office, visit: MichiganFilmOffice.org.
For more on the MEDC and its initiatives, visit: MichiganAdvantage.org. For Michigan travel news, updates and information, visit michigan.org.
