The Columbus Dispatch recently reported that WWE has received a significant amount of tax break from the state of Ohio for 2024, which totals to about $1,675,986. It was also mentioned on the report that Ohio usually does this in support of artists filming their productions within the state and that a total of $44 million has been allocated for such projects.
WWE has been categorized under TV series and the company has certainly benefitted from the state’s funding initiative.
You can check out the full announcement below:
TV Series receiving tax breaks from Ohio in 2024
Here are TV shows being funded with tax credits in Ohio this year:
An Interesting Life Season 2, Southwest Ohio, $432,300
WWE 2024, Ohio, $1,675,986
Nightmare Transmission Season 2, Ashland/Columbus, $265,247.40
Heartland Horror Chronicles Season 1, Crestline, $129,444
Christmas on Main, Ashland, $148,842
Kings of Vegas, Cleveland, $105,878.25
Awarded projects total nearly $503 million in production expenses, $146.7 million in total eligible production expenses and are expected to create 530 full-time jobs, according to the Ohio Department of Development. Development received 27 applications for the Fiscal Year 2024 January round, requesting nearly $60 million in tax credits.