A Lionsgate movie about the life of Michael Jackson to be filmed in California is projected to spend a record $120 million under the state’s tax credit program.Paramount Global’s BET drama “True to the Game” is among the new shows that were also accepted into the tax credit program. The show’s producers are planning to spend $11 million in qualified expenditures in the state during its first season.
Netflix’s “Forever” will receive a $12-million credit and Walt Disney Co.‘s 20th Century Studios will get $12 million for its new show “Paradise City.” Amazon Studios will garner another $10-million tax credit for a new untitled series that will film in the state. Paramount Global is receiving $14 million for a new untitled series.
Besides “Citadel,” another relocating TV series is HBO’s second season of “Wondermill,” which is relocating to California from Oregon and will receive $4 million from the state in the form of a tax credit.per year to tempt Hollywood productions, one of its signature economic engines, from filming in other regions.