DETROIT
12/04/2012 01:06 pm ET

Michigan Movie Studio Gets Tax Breaks, But Results In Few Jobs - NYTimes.com

PONTIAC, Mich. — Even the great and powerful Oz could not save the film studio that was supposed to save this town.

The studio, a state-of-the-art facility fit for Hollywood blockbusters, had risen from the ruins of a General Motors complex here. It was the brainchild of a small group of investors with big plans: the studio would attract prestigious filmmakers, and the movie productions would create jobs and pump money into the local economy. A glamorous sheen would rub off on this down-on-its-luck town.

But in Pontiac, happy endings do not usually come Hollywood-style. The tale behind the studio, though, was cinematic in its own right, filled with colorful characters, calls from the White House and a starring role for Michigan’s taxpayers.

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