Warner Bros., Sony, and Howard Hughes Partner to Develop 31-Acre Film Hub in Summerlin, Pending $1.4 Billion Tax Credit Bill

Warner Bros. Discovery, Sony Pictures Entertainment, and Howard Hughes Holdings have announced a joint venture to develop a 31-acre film studio campus in Summerlin, Las Vegas. The project is contingent upon the passage of Assembly Bill 238, a proposed $1.4 billion film tax incentive package currently under consideration in the Nevada legislature. This collaboration marks a significant shift as the two major film studios, previously competitors for film production rights in the region, have aligned to support the expansion of Nevada's film tax credit program. The joint venture aims to lobby state lawmakers to ensure the bill's approval, which would facilitate the establishment of the new film hub.