The film industry is in NM because of subsidies. Here's an editorial on the topic, "Excessive subsidies, not politics, are the reason film is booming in NM" - h

The film industry is in NM because of subsidies. Here's an editorial on the topic, "Excessive subsidies, not politics, are the reason film is booming in NM" - https://www.abqjournal.com/1334849/excessive-subsidies-not-politics-are-the-reason-film-is-booming-in-nm-ex-the-new-mexico-film-tax-credit-are-nothing-more-than-a-government-giveaway.html https://www.abqjournal.com/1334849/excessive-subsidies-not-p... Another opinion piece at https://eu.lcsun-news.com/story/opinion/2019/05/20/film-subsidies-money-loser-new-mexico/3743061002/ https://eu.lcsun-news.com/story/opinion/2019/05/20/film-subs... quoting: "film credit changes are estimated to cost $500 million to the general fund over the next five years (in addition to the $250 million that would have been paid out under the existing cap). Also, they note that the revised film program is “likely the most significant state investment ever in a single industry … despite evidence of about a 40 percent return on the dollar.”"