Raleigh Studios in Pontiac, Michigan is expected to default on $18 million in state issued bonds that were part of the financing for the $80 million studio complex that opened with great fanfare only 10 months ago. That will force the Michigan state employee’s pension fund, which invested in the studio in 2009, to make a $630,000 payment immediately, and put them on the hook for p

The first incentives to be announced in 2012 by the Michigan Film Office for an entertainment project were approved prior to Dec. 31, using last year’s $25 million incentive fund.  The state has yet to award any grants from the current 2012 $25 million fund. The locally-produced, nationally syndicated children’s TV show, “Ariel, Zoey

Michigan’s film fortunes have drastically changed in almost a year, and not in a good way.  Big-budget blockbusters, “The Ides of March” and “Real Steel” that shot in Detroit last year, opened this weekend in theatres across the country, while two low-budget films received the last available film credits for fiscal year 2011.

The Midwest’s biggest single provider of production and satellite services is a new entity formed through a strategic partnership of RingSide Creative, Jeff Moon Production Services (JMPS), which includes Moon-owned