Adam Schiff says federal film and TV tax credits are still being negotiated with the White House and congressional leaders. Despite bipartisan support and Trump's backing, it's not a done deal, meaning the production incentive landscape could shift either way.
entertainmentWednesday, September 9, 2026
Film tax credits not a done deal
The federal film and TV tax credit is still being negotiated, with Adam Schiff saying it's not guaranteed. Meanwhile, Elon Musk gets a brutal documentary portrait, and the Telluride buzz shifts to Julianne Moore and Nathan Fielder.
Tax credit limbo
The biggest policy story in entertainment today is still in flux.
Doc portraits
Two very different documentaries are drawing attention for their subjects.
Alex Gibney's nearly four-hour 'Musk' documentary paints Elon Musk as a con man with too much power. Since Musk refused to participate, Gibney used a CG avatar and extensive research to build the portrait, a polarizing approach that's getting a lot of attention.
Jon Stewart used the trailer for Nathan Fielder's Elizabeth Holmes documentary 'You Can See Everything' to troll Trump on The Daily Show, comparing Trump's mindset to choosing ignorance in The Matrix. It's a clever cross-promotion that ties two big pop culture moments together.
Festival buzz
Telluride's aftermath points to this year's Oscar contenders.
Telluride takeaways are out, and the buzz is around Julianne Moore and Paul Giamatti for 'The Debut,' plus Nathan Fielder's pivot to documentary filmmaking. The piece also includes a Kenneth Branagh elevator anecdote, festival color that signals serious Oscar campaigns ahead.
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