Georgia Production Hub Growth
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Tyler Perry built a major production hub in Atlanta by strategically leveraging state tax incentives and creating a massive production facility that serves both his content and other major productions.
Key Points:
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Strategic Land Investment:
- Purchased 330 acres in Atlanta for $30M in 2015
- Property is double the size of Warner Bros lot
- Includes private jet runway
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Production Facility Development:
- Created a production base for multiple media companies
- Hosts major productions like The Walking Dead and Black Panther
- Capitalizes on Georgia's 2008 tax incentives for production companies
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Business Impact:
- Helped grow Georgia's production spending from $67M (2007) to $2.9B (2018)
- Creates recurring revenue through facility rentals
- Maintains control of production infrastructure
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Content Ownership Strategy:
- Owns rights to produced content
- Portfolio includes:
- 22 films
- Dozens of plays
- 1,200 TV episodes
- Even with major deals (like $150M ViacomCBS), rights return after term expires
09:12 - 10:25
Full video: 15:36SS
Steph Smith
Steph Smith is the host of the a16z podcast, focused on highlighting the most important trends within technology. Before joining Andreessen Horowitz, Steph led HubSpot's Creator Program, including their growing Podcast Network. She was also a writer for the Hustle.