Current:Home > StocksSuper Bowl winner Travis Kelce has a new side hustle — the movies -Prime Money Path
Super Bowl winner Travis Kelce has a new side hustle — the movies
Chainkeen View
Date:2025-04-08 02:13:33
After winning Super Bowl LVIII, 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.
- In:
- Taylor Swift
- Super Bowl LVIII
- Travis Kelce
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.
veryGood! (84768)
Related
- The White House is cracking down on overdraft fees
- Disney's Q2 earnings: increased profits but a mixed picture
- California Water Regulators Still Haven’t Considered the Growing Body of Research on the Risks of Oil Field Wastewater
- In North Carolina Senate Race, Global Warming Is On The Back Burner. Do Voters Even Care?
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- The debt ceiling deadline, German economy, and happy workers
- Space Tourism Poses a Significant ‘Risk to the Climate’
- Dealers still sell Hyundais and Kias vulnerable to theft, but insurance is hard to get
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- The economics of the influencer industry, and its pitfalls
Ranking
- Trump wants to turn the clock on daylight saving time
- Climate Change Remains a Partisan Issue in Georgia Elections
- JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover
- The US May Have Scored a Climate Victory in Congress, but It Will Be in the Hot Seat With Other Major Emitters at UN Climate Talks
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Proponents Say Storing Captured Carbon Underground Is Safe, But States Are Transferring Long-Term Liability for Such Projects to the Public
- With Biden in Europe Promising to Expedite U.S. LNG Exports, Environmentalists on the Gulf Coast Say, Not So Fast
- California Passed a Landmark Law About Plastic Pollution. Why Are Some Environmentalists Still Concerned?
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Ahead of COP27, New Climate Reports are Warning Shots to a World Off Course
The Decline of Kentucky’s Coal Industry Has Produced Hundreds of Safety and Environmental Violations at Strip Mines
Tracking the impact of U.S.-China tensions on global financial institutions
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
New Study Identifies Rapidly Emerging Threats to Oceans
Disney's Q2 earnings: increased profits but a mixed picture
Oil Industry Moves to Overturn Historic California Drilling Protection Law