For centuries, artists of every discipline have identified the Greater New Orleans region as a source of unmatched inspiration. From its rich and diverse culture to its world-renowned food, music, and architecture, the region provides endless opportunities for creative talent and businesses to prosper.
With these abundant cultural assets and some of the richest industry incentives in the country, it’s no wonder the Greater New Orleans region is a burgeoning center for innovation and excellence across entertainment and digital media, from advertising and graphic design to sound recording and software development. Louisiana also currently ranks as the top television and film production location in the United States outside of Los Angeles and New York.
The digital media industry in the Greater New Orleans region benefits from the following regional assets:
LOW COST OF DOING BUSINESS
Lower wages, lower utility costs, and less expensive real estate make the Greater New Orleans region one of the most affordable major market options for businesses today.
From our world-famous music, food, and art to Mardi Gras and Jazz Fest, the Greater New Orleans region shines as a beacon of creativity and culture across the world. Its dynamic entrepreneurial community and flourishing digital media presence make Greater New Orleans a rich and rewarding place to build a creative business.
New Orleans has seen rapid growth as a hub for technology firms, from global corporations like GE Digital and DXC Technology, to locally grown companies like Federated Sample and TurboSquid. Together, these companies form a robust and established ecosystem for digital media companies of all sizes.
Digital media businesses in the region also benefit from world-class incentive programs, including:
DIGITAL INTERACTIVE MEDIA AND SOFTWARE DEVELOPMENT INCENTIVE
The strongest of its kind in the nation, this tax credit helps innovative digital media and software development companies of all sizes gain a competitive edge with a 25% tax credit on qualified payroll for in-state labor and an 18% tax credit for qualified production expenditures.
QUALIFIED ENTERTAINMENT COMPANY PROGRAM
Provides companies in the entertainment industry a 15-20% tax credit on wages for all non-production related employees that meet minimum payroll threshold requirements.
THE LOUISIANA QUALITY JOBS PROGRAM
Provides a cash rebate to companies that create well-paid jobs and promote economic development, including up to a 6% rebate of annual gross payroll for new direct jobs for up to 10 years and a state sales/use rebate on capital expenditures.
Recognized as the nation’s best state workforce training program, LED FastStart provides customized employee recruitment, screening, and training to new and expanding companies at no cost.
To learn more about Digital Media in the Greater New Orleans region, please contact: