NC Film Grant Gets $15M Lifeline | Wilmington News

North Carolina’s film grant just got a $15 million lifeline to fix a funding gap — but it’s a temporary patch exposing deeper budget missteps. Since 2019, the program operated on “cash-flow” promises, committing funds based on future money — now it’s being held accountable to actual cash on hand. With $89 million in past obligations and only $46 million available this year, the state can’t award new grants beyond its immediate budget. Meanwhile, lawmakers boosted max grants — movies up to $20M, TV up to $25M per season — which could burn through funds faster. Commerce says the program’s still thriving, citing job creation, but industry leaders are watching closely as future funding remains uncertain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cdc351d09ceb5380