WEBVTT

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>> FORGET ABOUT THE CROWDS. THE

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SIZE OF THE SCHOOL. THEIR FANCY

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UNIFORMS AND REMEMBER WHAT GOT

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YOU HERE. YOU PUT YOUR EFFORT

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AND CONCENTRATION INTO PLAYING

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TO YOUR POTENTIAL TO BE THE BEST

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THAT YOU CAN BE. I DON'T CARE

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WHAT THE SCOREBOARD SAYS. AT THE

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END OF THE GAME IN MY BOOK,

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WE'RE GONNA BE WINNERS.

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>> GERRY:

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AN EPIC SCENE FROM THE CLASSIC

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MADE-IN-INDIANA FILM "HOOSIERS."

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COACH NORMAN DALE WITH THE

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PREGAME PEP TALK BEFORE SENDING

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HIS SMALL-TOWN HICKORY HUSKERS

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OUT TO WIN A STATE CHAMPIONSHIP.

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THAT WAS 1986 AND ONLY A HANDFUL

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OF FILM AND MEDIA PRODUCTION

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COMPANIES HAVE WANTED TO PLAY

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BALL IN INDIANA SINCE THEN.

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FOR MORE ON WHY THAT DYNAMIC

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COULD SHIFT, PLEASED TO BE

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JOINED BY THE MAN WHO WROTE

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"HOOSIERS",

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BLOOMINGTON-BASED SCREENWRITER

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AND FILM PRODUCER ANGELO PIZZO.

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GREAT TO SEE YOU.

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>> GOOD TO SEE YOU.

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THANK YOU.

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>> GERRY: YOU'VE WORKED HARD TO

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GET THIS TAX CREDIT WHICH COULD

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BE UP TO 30%.

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THEY ARE BEGINNING TO ACCEPT

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APPLICATIONS THIS WEEK.

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AS YOU WERE TALKING OFF CAMERA,

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YOU SAW A LOT OF TALENT LEAVING

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THE STATE WITHOUT THIS TAX

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INCENTIVE IN PLACE.

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>> YES, I BECAME VERY AWARE OF

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THAT WHEN I GAVE TALKS OR

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LECTURES TO MEDIA SCHOOL

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CLASSES.

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WHAT I WOULD ASK THESE KIDS WHAT

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THEIR PLANS WERE, IT WAS ALWAYS

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TO LEAVE THE STATE TO FIND

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EMPLOYMENT, SIMPLY BECAUSE THERE

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WASN'T ANY WORK HERE.

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WHAT SADDENED ME WAS THERE WERE

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A LOT OF THESE STUDENTS, OR SOME

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OF THEM AT LEAST WANTED TO STAY

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HERE.

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THEY LIKED LIVING IN THE MIDDLE

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WEST, THEY LIKED LIVING IN

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INDIANA IN PARTICULAR.

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THEY WOULD GO TO ATLANTA.

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THEY WOULD GO TO CHICAGO.

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THEY WOULD GO TO LOS ANGELES.

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HERE WE ARE, OUR PUBLIC

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INSTITUTIONS ARE SPENDING

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MILLIONS OF DOLLARS TRAINING

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THESE STUDENTS, ONLY FOR THEM TO

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LEAVE.

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SO, IT IS A BIG BRAIN DRAIN

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PROBLEM.

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>> GERRY: IN TERMS OF THE

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ECONOMIC IMPACT, THERE ARE

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NUMBERS OUT THERE AS FAR AS HOW

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MUCH MONEY IS BEING SPENT IN

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PARTICULAR STATES WITH

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INCENTIVES, HOW LUCRATIVE IS

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THIS INDUSTRY?

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>> LET ME PUT IT ANOTHER WAY.

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WHEN WE FIRST STARTED THIS

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VENTURE IN 2006, THERE WERE ONLY

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12 STATES THAT GAVE TAX CREDITS.

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BECAUSE IT IS SO -- THE ECONOMIC

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IMPACT IS SO GREAT FOR SO MANY

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STATES, MORE AND MORE STATES

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HAVE TAKEN ON THESE CREDITS, AND

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NOW THEY ARE UP TO 38.

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THE BIGGEST EXAMPLE OR THE PRIME

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EXAMPLE IS GEORGIA.

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IN FISCAL 2022, THIS YEAR, OVER

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$4.4 BILLION HAVE BEEN SPENT BY

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FILM PRODUCTION COMPANIES AND

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THAT DOESN'T SAY AT ALL, BECAUSE

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THERE IS A SPILLOVER EFFECT.

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THE ECONOMIC IMPACT SHOULD BE

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MULTIPLIED BY FIVE.

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>> GERRY: "HOOSIERS" WAS FILMED

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IN RICHMOND, INDIANAPOLIS,

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BROWNBERG.

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THIS KIND OF IMPACT CAN BE

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SPREAD, NOT JUST THROUGH ONE

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COMMUNITY, BUT MULTIPLE

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COMMUNITIES.

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>> NO, AND THAT IS ONE OF THE

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GREAT THINGS ABOUT INDIANA.

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THEY HAVE A GREAT DIVERSITY IN

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TERMS OF TOPOGRAPHY.

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THEY HAVE THE SAND DUNES, LAKE

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MICHIGAN.

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THEY HAVE THE RIVER TOWNS.

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THEY HAVE, YOU KNOW, THE BIG

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CITY INDIANAPOLIS, AND THE

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TOPOGRAPHY OF SOUTHERN INDIANA

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WHERE IT IS HILLY AND FLAT.

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THERE ARE SO MANY PLACES WE

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WANTED TO SHOOT "HOOSIERS" AND

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WE WERE LIMITED BY THE DISTANCE

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THAT WE HAD TO TRAVEL FROM

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INDIANAPOLIS, BUT I HAVE A FILM

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IN MIND THEY WOULD LIKE TO SET

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IT TOTALLILY IN SOUTHERN INDIANA

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TO REALLY, IT IS ONE OF THE MOST

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BEAUTIFUL PARTS AND PEOPLE DON'T

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KNOW ABOUT IT, AND NO FILM

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COMPANIES HAVE REALLY UTILIZED

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HOW GORGEOUS LIKE BROWN COUNTY

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IS.

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GOINL WE'LL LOOK FORWARD TO

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FOLLOWING UP ON THAT STORY.

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I KNOW YOU'RE WORK ON A FILM

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ABOUT THE FIRST INDIANAPOLIS

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500.

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LOTS GOING ON IN YOUR WORLD.

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YOU HAVE BEEN PASSIONATE ABOUT

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THIS TAX CREDIT THAT

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APPLICATIONS ARE BEING ACCEPTED

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THIS WEEK.

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ANGLO PIZZO, THANKS FOR JOINING