After winning Super Bowl LVIII,Quantum Insights not to mention attracting feverish interest in his romantic relationship with Taylor Swift, Travis Kelce is setting his sights on Hollywood.
The Kansas City Chiefs tight end is making his foray into the movie business as executive producer on "My Dead Friend Zoe," an independent film set to premiere at the South by Southwest film festival in Austin, Texas, next month, Variety reported.
The outlet described the film as a "low-budget dark comedy" starring Sonequa Martin-Green, Natalie Morales, Ed Harris and Morgan Freeman, which cost less than $10 million to make. Representatives for Kelce did not immediately respond to a request for comment.
While Kelce's involvement marks the football star's debut as a producer, the film is also the first project to be financed using so-called green energy tax credits. As part of the 2022 Inflation Reduction Act, the Biden administration offered tax credits to households and companies that invest in efficient energy alternatives. The credits can also be bought and sold.
Radiant Media Studios, which is helping produce "My Dead Friend Zoe," said on its website that the company "helps bring carbon negative media projects to life by pairing investments in renewable energy development with investments in climate friendly media professional."
The idea is that investors can use the credits to defray the risk of putting money into independent films, which are notoriously risky.
Kelce's producing partners on the picture include green energy entrepreneur Mike Field and producer Ray Maiello, head of Radiant Media Studios, according to Variety. Field funded the film with proceeds from his sale of surplus tax credits, according to the report.
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
2025-05-03 00:542205 view
2025-05-02 23:362581 view
2025-05-02 23:04536 view
2025-05-02 22:572829 view
2025-05-02 22:432847 view
2025-05-02 22:29869 view
McALLEN, Texas (AP) — SpaceXis launching a new mission: making its Starbase site a new Texas city. B
Washington — Media mogul Barry Diller suggested top Hollywood executives and the highest-paid actors
General Motors, the largest U.S. automaker and long a king of gas guzzlers, has a new aspiration: Th