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In today’s film news roundup, New Jersey brings back its production incentives, TaTaTu is backing the feature film  “Waiting for the Barbarians” and Sony has moved the opening of Tom Hanks’ “Greyhound.”

RELEASE DATE

Sony Pictures has changed the release date of Tom Hanks war drama “Greyhound” from Feb. 8 to March 22.

It’s the second change of date for “Greyhound,” which was originally set for an April 5 opening. “Greyhound,” which stars Hanks, is based on C.S. Forester’s novel “The Good Shepherd.” Aaron Schneider is directing from Hanks’ script.

The film is being produced by Playtone’s Gary Goetzman and Hanks. FilmNation Entertainment’s Aaron Ryder, Playtone’s Steven Shareshian, and David Coatsworth serve as executive eroducers. FilmNation sold worldwide rights to Sony Pictures Worldwide Acquisitions (SPWA), which is financing in association with Bron Creative, Sycamore Pictures, and Zhengfu Pictures.

“Greyhound” is set in the early days of World War II as an international convoy of 37 Allied ships, led by Hanks’ Capt. Ernest Krause, crosses the treacherous North Atlantic while being hotly pursued by wolf packs of Nazi submarines.

TAX CREDITS

New Jersey Governor Phil Murphy has restored his state’s film and television production incentive, signing a bill that will allocate as much as $425 million in tax credits for projects shot in the Garden State.

The law was signed Tuesday. It will create a tax credit of up to 35% of qualified expenses related to film and television production with a total allocation of as much as $75 million annually. Former Gov. Chris Christie had eliminated the state’s previous incentive program during his first term, then vetoed a new program in 2016.

“Governor Murphy’s vision to bring the economic and cultural power of storytelling to New Jersey was the catalyst for this strong production incentive program and his leadership was crucial to its enactment,” said Motion Picture Association of America chairman and CEO Charles Rivkin.

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