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|Articles - September 2012|
|Monday, August 27, 2012|
Page 4 of 5
Small creatives making it
Remember the Portlandia episode involving the bike messenger with grotesquely long earlobes about to be ripped asunder in the final scene? Those ears were the handiwork of Christina Kortum, a Portland special-effects makeup artist specializing in custom prosthetics. Among other items, Kortum has delivered a head for Leverage, wooden stakes and edible coins for Grimm, and a bone for the 2011 shot-in-Portland movie Gone. “She was supposed to use it to stab the bad guy,” says Kortum.
A veteran of the haunted-house industry, Kortum credits the Oregon Production Investment Fund for boosting her career in film and television. Since 2005 the state has given cash rebates, capped at $6 million per year, to media production companies, which in turn create jobs and send business to local vendors. Kortum’s income, for example, has doubled each year because of the business generated by Portland’s Hollywood renaissance. “I went from doing a gig here and there to pretty much doing constant gigs that can support my family.”
A Leverage snapshot reveals the film fund’s larger quid pro quo. In the past four years, Leverage Productions has received $17 million from the incentive program. In return, the company has created about 2,800 production jobs, hired 7,000 extras and injected $100 million directly into the local economy. The long list of beneficiaries include 52nd Ave. Hardware, a Southeast Portland lumber and hardware shop that was ready to downsize after the economy crashed in 2008. After becoming the primary hardware vendor for Leverage and Grimm, the owners hired two additional employees — a 33% staff increase, says manager Dave Besaw. “For a small family busi-ness like us, the film industry is significant.”
Oregon’s film incentive has its critics, who argue the program unfairly benefits the wealthy. And despite the ripple effects, even the most ardent boosters concede incentives alone aren’t enough to sustain a local film economy. Portland has gone from being a low-budget town to a place where “big things happen,” says Kortum.
But what Hollywood gives, she acknowledges, it can taketh away. “The film industry — it’s like the locust. They come in, set up and everyone is rolling in money. Then they leave and it’s like:
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Wednesday, August 27, 2014
Tom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.