Did Covington Just Bail Out a Movie Studio?

Councilman Travis Moore is setting the record straight.

In this week’s episode of The Town Square Podcast, Moore addressed concerns surrounding the city’s recent purchase of the Cinelease/Three Rings Studios property. Contrary to speculation, he emphasized that taxpayer money was not used to fund the acquisition.

Moore explained that the deal was structured in a way that safeguards public funds while positioning Covington for long-term growth. He highlighted how the purchase is expected to benefit the community by strengthening the city’s role in the film industry and creating opportunities for future development.

“This isn’t a bailout,” Moore said. “It’s an investment in Covington’s future.”