Tax credit day has arrived for a group of lucky TV producers who will be notified Monday that their projects have been approved for funding by the California Film Commission , marking the first allocations since the state more than doubled the funding and expanded eligibility for the Film & TV Tax Credit Program in July.
Deadline understands that letters are going out Monday to approved TV projects, though a public announcement isn’t expected until next week.
This will be the first allocations since June, when Dan Fogelman and Ryan Murphy collectively snapped up nearly $40M in funding — which we believe represents the last of the available money from the previous fiscal year’s $330M allotment.
Season 1 of Murphy’s adaptation of Bret Easton Ellis’ The Shards at FX will ge