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Film Industry’s Boost to the Albuquerque Economy

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    Albuquerque Studios COO Wayne Rauschenberger on the state’s incentives that are attracting the film industry.

  • Duration 3:37
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-- span of one point two billion dollars in the state of New Mexico since 2000 night that's impressive.

As a home base for the filming of the avengers in the long range of the Albuquerque studios taking a lot.

A nice cop we could say of those dollars joining us now -- -- studios chief operating officer Wayne Ross and by the way.

Thank you for joining us I'm sure you have a lot of competition to I have these movies shot -- facility so what does it fake.

To get a major film production to Albuquerque.

Well again our -- it really does take a team effort and I think your mention of that in San I was probably one of the biggest considerations.

There were and are looking at locations what kind of incentives.

The film and send those -- those different states offer.

New Mexico offers a 2.5 percent rebate on all expenditures.

Inside the state.

You are at one point in the top four as far as offering incentives in and you recently slipped off not even in the top ten.

See a lot of feeds coming in given away the farm basically don't you.

Here and you know we're we're being patient.

Move this state -- we're talking in our marketing.

We're letting them know that I will open to suggestions.

If there's competition out there let us know what it has.

We can modify things -- to work around things but you know we have the infrastructure we have the cruise.

Not so what makes a big difference when you come here.

You don't have to bring as many people from outside the state -- resident here we are probably 3000.

And direct employees another 3000 of them -- actual.

You know we compete we can compete with anybody.

What kind of -- is the local economy get -- when you have a production and a sizable production in some cases on -- coming to the community how big is it for the local businesses.

You know it's it's hard to see what that is what you see it all over the Citi for instance when -- the avengers we're here.

They -- something like.

32000.

3200 nights.

Hotel -- And you know that's of the restaurants.

People by closer they lived here for six or seven months -- out of state we wrap -- -- for the stars -- news on the economy really.

Does feel like.

But -- moviegoing is there's a little bit of -- -- right so you had and then here's you have the -- yet the Lone Ranger Johnny Depp.

What's next or -- economy kind of -- -- in -- wait and see now.

They have over a little bit -- decision we still we did breaking bad.

Is just starting their fifth season there on are locked and -- -- -- here.

We've got a coupon -- projects were hoping that again released -- on and hopefully June timeframe are another show come -- Lone Ranger will be here until.

About September.

So.

You know we don't we like to keep a full it's like anything else the more we do -- better off we are.

Way to use your biggest competition I I mean I think New Mexico I'm thinking of Weston musicals long range of makes sense that.

What -- who's the biggest competition for you.

I think Louisiana.

Prison where we see a lot.

Louisiana and Atlanta.

We are little more flexible work there -- concern of Louisiana offers a little bit larger.

But.

-- of the day I think still.

You know it's a little bit further -- just depends on what what how -- you know how much people you have to move back and forth.

Very interesting stuff we wish you the best of luck in the future Wayne now -- but -- -- Albuquerque studios there in New Mexico Wayne thank you very.