The first round of California ’s $750 million tax incentives program announced today is betting big on Hollywood, literally and figuratively.

Season two of Lionsgate’s Emmy-nominated The Studio is one of 22 television projects the state has approved under its just expanded Film and Television Tax Credit Program. A new Hulu drama from Dan Fogelman and a new Larry David series are also among shows unveiled today that are, all in, projected to bring $1.1 billion to the state’s economy.

This is the first round of tax credits since the state nearly doubled available funding for qualified film and television productions. The move followed devastating wildfires last year that capped decades of runaway production. Applications jumped nearly 400% with the sweetened incentives.

“California

See Full Page