Hollywood production set to inject $118 million into the Victorian economy

The local economy is set to receive a $118 million cash injection, with the second season of big budget Hollywood TV production La Brea to be filmed in Victoria.

The series, about a sink hole opening up in Los Angeles and creating a portal transporting people back in time, aired on the NBC last year where it was watched by more than 47 million viewers in the United States.

In good news for Victoria, the series has been renewed for a second season, which will be shot primarily in the Mount Macedon region.

Federal Minister for Communications and the Arts, Paul Fletcher, says it’ll create 390 jobs for Australian cast and crew, plus about 800 local businesses will supply the production, and 1000 extras will be involved.

It comes as part of the Federal Government’s location incentive, which provides a 16.5 per cent location offset tax rebate and a direct grant.

“If you want to stand up a significant economic venture pretty quickly these big Hollywood productions are a very good way to do it,” Mr Fletcher told Ross and Russel.

“Under the Morrison government’s location incentive program we’ve now has 28 productions … attracting $2.1 billion in private investment and 17,800 jobs.”

The Arts and Communications Minister says the benefits of attracting big budget productions to Australia will be felt long after they’ve finished filming.

“Were really determined to make sure that out of attracting these global productions we’re also upskilling our own Australian sector,” he said.

Press PLAY below to hear more about the big budget production