EXCLUSIVE: Independent film and television production company Phiphen Pictures will open Phiphen Studios, a 10,000-square-foot post-production and office store, in Englewood Cliffs, NJ, in 2022.
The project is being led by Phiphen Pictures founder Molly Conners to support and grow the New Jersey film community following the reinstatement of its film and television tax credit, which runs until 2028. It s’ is a new construction and could eventually expand, including adding sound scenes.
Producer Jane Oster Sinisi is CEO of the complex, which will house post-production and office space, a 25-seat 4K theater, executive suites, a boardroom, kitchens and an outdoor common area. Editing rooms will be adaptable to DaVinci Resolve, Final Cut Pro, Premiere and Avid Media Composer. The audio department will have two mixing rooms equipped for 5.1 mixing and voice recording and will offer full sound design, editorial and mixing services, including ADR and VO. Other services range from online writing to color grading to mastering.
“We are very excited to embark on this expansion of our business, which will allow us to continue to support filmmakers in even more important ways,” said Conners.
The 30% to 35% tax credit – plus a 2% diversity bonus – was reinstated in 2018 by Gov. Phil Murphy and in 2020 was extended until 2028. Murphy was aggressively out last spring, touting New Jersey to Hollywood as an alternative to producing in Georgia. amid national fury over Peach State’s restrictive new voting law. By this time, the NJ Tax Credit had been a bit slow to start and state officials were trying to streamline the process, but it had attracted new business. Direct investment by the film and television industry jumped to over half a billion dollars in 2019, from less than $ 70 million two years earlier.
Locals in the industry note that New Jersey has a skilled workforce who live in the state and support productions in nearby cities of New York and Philadelphia, but would prefer to work in their own backyards.
“This is a banner year for film and television in New Jersey and the arrival of Phiphen Studios further demonstrates our attractiveness as a production destination,” said Murphy. “The word is out and the people who decide where to film are clearly taking note.”
“We are very pleased to welcome Phiphen Pictures to our growing production community,” added Steven Gorelick, Executive Director of the New Jersey Motion Picture and Television Commission. “A premier post-production facility like this is essential to the critical infrastructure the state strives to build. “
Phiphen Pictures, currently producer of the feature film Nicolas Cage Crossing the butcher, has several projects underway to bring to NJ. He will have offices in the new facility and managers are talking to industry contacts to get the word out. “We are excited about the future of independent filmmaking in New Jersey and will seek to film as much as possible in the state,” Connors said.
Phiphen Pictures produced Netflix Like father starring Kristen Bell and Kelsey Grammer and streamer’s Emmy-nominated short comedy series it’s Bruno. Other recent projects include the IFC drama Centigrade, Netflix sci-fi thriller Stowaway and medical drama The God Committee.
There was no word yet on funding partners or the cost of the project.