|FOR IMMEDIATE RELEASE||
CONTACT: Dan Hewitt – dhewitt@theESA.com or 202.223.2400
ESA Praises Program for Encouraging Growth of Video Game Industry
September 9, 2013 – Washington, DC – The Entertainment Software Association (ESA) today commended the Texas Film Commission for expanding the state’s economic incentives for digital interactive media productions. As part of the new package, Texas raised the video game top tier base percentage rate to 20 percent from 15 percent; lowered the top tier threshold to $3.5 million from $5 million; eliminated the wage-only option; and ensured that visual effects projects completed in Texas can now qualify as its own project under the incentive.
In response, Michael D. Gallagher, president and CEO of the ESA, which represents the U.S. computer and video game industry, stated:
“We applaud Commissioner Page and the Texas Film Commission for their leadership and vision in expanding these important incentives. This forward-thinking paves the way for exciting new innovations in the entertainment industry. These incentives are not only good for the video game industry, they are a win for Texas as well. These will help keep Texas competitive in the digital media marketplace, attracting and providing 21st century jobs in our growing industry and boosting the state’s economy.”
ESA offers services to interactive entertainment software publishers, including conducting business and consumer research, providing legal and policy analysis and advocacy on First Amendment, intellectual property and technology/e-commerce issues, managing a global anti-piracy program, owning and operating E3, and representing video game industry interests in federal and state government relations. For more information, please visit www.theESA.com or follow us on Twitter: @RichatESA.