Less than a month before the start of Nevada’s legislative session where lawmakers are expected to consider a massive expansion of Nevada’s film tax credit program, a partnership between key proponents Warner Bros. Discovery and Birtcher Development has dissolved.
It’s not yet clear what the dissolution of the partnership, which was confirmed to The Nevada Independent by sources close to the deal, means for the prospects of a major expansion of Southern Nevada’s film industry or how it ties into other ongoing efforts to expand Nevada’s film tax credit program, which is currently capped at $10 million a year.
Birtcher had announced the partnership with Warner Bros. in August, with the studio pledging to invest $8.5 billion in the state over 17 years contingent on lawmakers expanding the film tax credit program.
Sources close to the deal said Warner Bros. is assessing potential new partners but is still pursuing a deal in Nevada.
Reached for comment, a Warner Bros. spokesperson did not offer any details but said the studio is “committed to creating Warner Bros. Studios Nevada, and excited about the opportunity to bring great jobs, workforce and economic development, and educational opportunities to the state.”