Entertainment Lawyer Q&A: Section 181 Film and TV Tax Deductions

By Brandon Blake, entertainment attorney at Blake & Wang P.A.

Question: I'm trying to fully understand the implications of the Section 181 Film and TV Tax Deductions expiring at the end of this year. We are planning on shooting a few days of our film in 2013 so that we can possibly offer section 181 tax deductions to future equity investors if section 181 does not get renewed. If we continue to raise equity for our film in 2014, after our project has begun principal photography in 2013, can we offer these section 181 tax deductions to our investors who invest in 2014? 

Read the answer in the full story.


Oscar Swingers: New Voters Could Impact Race

By Tim Gray, Variety

Will the new crop of Academy members be swing voters?

The Academy of Motion Picture Arts & Sciences in July invited 276 new members; of this group, more than 100 represent the org's aggressive move toward diversity: women, foreign-born artists and people of various races and ethnic backgrounds. These new voices represent a small fraction of the 6,000 Academy voters. But they could make a big difference.


TV Guide Network's Docu-series "Tequila Sisters" is Not Another Show About Sexy Latinas

By Christina Rosas Anastasiou, Latin Heat Entertainment

The TV debut of the original docu-soap or series titled "Tequila Sisters" premieres December 10th on the TV Guide Network. The series revolves around the Marin sisters, who were born and raised in Orange County. Sisters Lauren, Cat, Jackie and Jen are completely independent with different viewpoints from their traditional Mexican parents. I caught up with the Marin sisters, to give us their thoughts on the show.


Alejandro Gonzalez Inarritu to Direct 'The Jungle Book' for WB

By Justin Kroll, Variety

Alejandro Gonzalez Inarritu is eyeing his first big tentpole feature: He's entered discussions to direct The Jungle Book for Warner Bros. Harry Potter scribe Steve Kloves will produce while Callie Kloves penned the script.

The pic would be a live-action adaptation of the Rudyard Kipling book that followed Mowgli, an orphan boy who was raised by various jungle animals and protected from the ferocious Tiger, Shere-Khan.


Call for Theatrical Works: The ONE Festival

Caicedo Productions Corp officially announced requests for submissions for their annual The ONE Festival, now in its 9th year, which showcases non-published theatrical works by solo artists. The winner will receive a $1000 cash prize and a full theatrical production of the winning solo show. Though targeting Latinos, The ONE Festival is open to ALL emerging writers/performers, regardless of their ethnic backgrounds....


Universal Postpones 'Fast & Furious 7,' But There Are No Plans To End Franchise
(Deadline.com) - Universal Pictures has indefinitely postponed production on Fast & Furious 7 following the tragic death of Paul Walker in a car accident, but sources involved in Fast & Furious 7 paulwsaid there are no plans to scrap the franchise. READ MORE

'Inside Llewyn Davis' Star Oscar Isaac Is About to Be a Very Big Deal
(The Daily Beast) - He plays a down-and-out folk singer in Greenwich Village in the '60s. And he's mesmerizing. Meet Oscar Isaac, the breakout star of the Coen Brothers' lovely new film. READ MORE



Visit the NALIP Job Opportunities page for all the latest listings.


NALIP LA and NY Holiday Parties a Success!

NALIP co-hosted two holiday parties in Los Angeles and New York this week, and both were a huge success! 

The NALIP/NOSOTROS Holiday Celebration and Toy Drive in Los Angeles drew an estimated 680 people to the W Hollywood. Attendees donated over 800 toys for the boys and girls of the Eggleston Youth Center! It truly showed the giving spirit of our community.

The Prime Latino Media Salon's Holiday Fiesta (hosted by NALIP-NY, Tio Louie, HOLA and ULP) in New York was attended by over 100 people, and a good time was had by all. Winners of the raffle were Jorge Bustos-Estefan (Final Draft), Gregory Paul Serrano (Gorilla), and Alexis Rodriguez-Duarte (pictured above with NALIP 2014 Registration).

Thank you to all our members and friends who joined us, as well as all the sponsors, staff, and volunteers who made it all possible!

Alejandro Seri Options Two Thrillers to Stacey Parks

NALIP LMM alumnus Alejandro Seri recently optioned two thrillers, The Listing and Black Diamond, to LPA Mentor Stacey Parks of FilmSpecific.com. Stacey and Alejandro met after Final Girl, scripted by NALIP member Johnny Silver, Stephen Scarlata and Seri, was further developed through the LPA by Silver. Scarlata, whose Jodorowsky's Dune film was recently picked up by Sony Classics, also serves as a co-writer on the action-packed Black DiamondFinal Girlwill be released in 2014 and stars Abigail Breslin, Wes Bentley and Alexander Ludwig.

We are proud to see exciting results coming from the connections made through our conferences, labs and academies. The filmmaking trio, known collectively as The Dispensary, will be going out to studios with two new feature projects and a pilot script in the spring. The Dispensary is represented by Amy Wagner of Abrams Artists Agency and Mike De Trana of Anvil Entertainment.

Joe Hernandez-Kolski Benefit Performance, Dec. 7 in LA

NALIP Gala Awards host Joe Hernandez-Kolski will perform his "Cultural Collisions," blending stand-up comedy and spoken word poetry at the Bootleg Theater on Saturday, Dec. 7. This one-night-only performance  will benefit Multiracial Americans of Southern California (MASC), a non-profit that celebrates our interracial, multiethnic, and cross-cultural society. 

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