Yes, I called Disney a few weeks ago and they said that you can use your dining plan credits for the Fantasmic package. Mama Melrose's and Hollywood and Vine are one TS credit and The Brown Derby are two TS credits, just like if you were eating there at any other time.
You may use the dining plan for the Fantasmic Dinner package. Call for your ADR. They will ask for a $10 per person credit card hold to reserve the dinner however. You must cancel the ADR 24 hours prior to use or you lose your deposit per person.
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