Motown Motion Picture Studios is located in the Detroit suburb of Pontiac.
Raleigh Studios of Hollywood operated the studio, totaling 535,000 square feet (49,700 m2) at the Pontiac Centerpoint Business Campus, until August 2012.
Michigan officials initially considered the studio to be a significant economic engine, since it was intended to establish the state as a legitimate contender in the 12-month-a-year film business. The studio received a number of preferential tax treatments as well as $70 million in financing provided by municipal bonds guaranteed by funds in the State's pension system.
Gov. Rick Snyder's 2011 rollback of state film credits caused some film producers to bypass the Michigan studio resulting in the studio investors to miss scheduled debt servicing payments and in August 2012 the studio defaulted on the entire $630,000 payment on the bond.
In August 2012, Raleigh Studios ended their management agreement with Michigan Motion Picture Studios.
Famous quotes containing the words motion and/or picture:
“in the mind of man,
A motion and a spirit, that impels
All thinking things, all objects of all thought,
And rolls through all things.”
—William Wordsworth (1770–1850)
“It’s God.
I’d know Him by Blake’s picture anywhere.
Now what’s He doing?”
—Robert Frost (1874–1963)