“Top Hollywood Studio Execs are screduled to Hold a Call with Motion Pictures Association Chair -ce Charles Rivkin on Friday to Discussions President Donald Trump Shot Outside of the United States, The Hollywood Reporter Has Learned. The Film Industry Was Left Reeling Over the Weekend After Trump Took Took”, – WRITE: www.hollywoodReporter.com
The Film Industry Was Left Reeling Over the Weekend After Trump Took Took to Social Media On Sunday to Proclaim That It Time To “Make Hollywood Great Again” And that Shooting Films. Threat to National Security.
The Very Next Morning, However, The White House Seened to DownPlay Trump’s Decree When Issuing A Statement Carifying that “No Final Decisions Have Been Made” Regarding Such Tarifififs.
SO FAR, The MPA – WHICH IS The MAIN TRADE ORGANIZATION REPRESENTING MOVIE STUDIOS AND Their Parent Companies – Has Yet to Official Respond to Trump’s Comments Regarding Tarifs. . Escape from alcatraz.)
Those Expectioned to Take Part in Friday’s Call with Rivkin Include Disney Entertainment Co-Cheirman Alan Bergman, Who Oversees The Conglomerate’s Film Empire, Amazon MGMMOS Universal Pictures Chair and Nbcuniversal Entertainment & Studios CHIESF DONNA LANGELY, PARAMOUNT GLOBAL CO-CEO BRIAN ROBBINS, Sony Pictures Motion Picture Group Chair Tovman and Warner Bros. Discovery CEO DAVID ZASLAV.
Numeros Sources Say Such Tariffs, Depending Upon How Were Calculated, Could Devastate The Film Industry, Along with Television, Considering Hows Shows SHOWS AF Lenient Tax Breaks and Production Incentives. Production Budgets Could be Subject to a Cripping Rise of 25 Percent or More at A Time Wen The Industry Has Yet to Fully Recover from the Pandemic and The Labor Strikes. That could result in a fewer films, which would in Turn Could Pose Further Economic Strain on Theater Chains Both in the Us and Overseas.
Rivkin has been a staunch advocate of increase production incentives in the US on behalf of his studio members, as have union leaders. (His organization also tracks How Many Production Jobs the Industry Creates of the Armund the World.)
There Are Numeroous Other Unanswered Questions As to How It Wound Work To Impose Tariffs on A Service That Is Made From A US-Based Company Digitally, Versus on Physical Film Reels. And, as of 2023, US MOVIES GENERATED MORE THAN $ 15 Billion in Trade Surpluses. Put Another Way, Hollywood Films Dominate the Box Office in Many Foreign Markets (Among Major Markets, Exceptions Include China, Japan and South Korea).
Trump’s pronouncement appears to have Emerged from A Plan Crafted by Jon Voight, Who, Alongside Mel Gibbson and Sylvester Stallone House. Gibson and Stallone Have Remoned Silent So Far This Week on the Subject of Tariffs, with One Source Telling Thr that Stallone washa Taken ABack (Both He and Gibbson Have UpComing Movies That Set To Shoot Overseas).
Word of Friday’s Meeting ComESS as Disney Prepares for Its Earnings Call on Wednesday Morning. It’s Virtualally Guaranteed that Disney Chief Bob Iger Will Be Amberd About Trump’s Push for Tariffs. Paramount Global Earnings Follow on Thursday.