HyperLoop555

#LeBron James won’t have to travel far to film in his first big-budget movie since moving to Los Angeles, thanks to a generous tax break from California. The #Lakers forward is set to produce and act in #WarnerBros.’ #SpaceJam2 , the long-awaited sequel to the 1996 basketball-themed movie that mixed live action and Looney Tunes animated characters. The new movie will receive an estimated $21.8-million tax credit to film in California, making it one of 15 feature-film projects to qualify for the state’s latest round of tax incentives. The $21.8-million credit ranks as the second largest in the program’s history, behind Paramount’s “Bumblebee,” a spinoff of the “Transformers” franchise that received $22.4 million in credits and opens in December. The actual amount that the Warner Bros. production receives could vary depending on how much it ultimately spends. “Space Jam 2” is expected to spend $100 million in qualified expenditures, including almost $43.2 million in below-the-line...