Film Industries
Film Industries
The film and digital media sector in Santa Fe County encompasses production studios, outdoor sets, local filmmakers, and traditional media services. The county’s unique culture, stunning landscapes, and favorable tax incentives make it an attractive location for the film industry, which has a significant economic impact on the local community.
Industry Trends
The film industry in New Mexico saw impressive growth in FY 2022, with spending reaching $855.4 million, up from $626.5 million in FY 2021. The state hosted 109 productions in FY 2022, an increase from previous years. New Mexico offers a 25-35% tax credit for film, TV, and commercial production, which has been a major draw for the industry.
The Santa Fe Film Office, established in 2016, plays a crucial role in supporting and attracting film and media production to the county. With an annual budget of $300,000, funded equally by the City of Santa Fe and Santa Fe County, the Film Office has contributed to approximately $400 million in direct spending in the local economy and over $1 billion in overall economic impact.
The film industry significantly boosts local hospitality sectors, generating thousands of hotel room nights, substantial spending at restaurants and catering services, and the rental of various facilities. It also supports numerous local businesses, from construction and materials suppliers to service providers like yoga instructors and dog sitters, making it a vital part of the county’s economic landscape.
