The show is being helmed by "Suits" duo Aaron Korsh and Rick Muirragui, said The Hollywood Reporter.
The series centres on ambitious people striving to get to the top in 1940s Hollywood, when the dream factory was at its peak.
Little do they know the challenges they're about to face: the end of the studio monopolies, the blacklist and the new disruptive technology of television.
Spector will play Tom Kirby, the head of production at Paradise Pictures, a rising film studio during the period.
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