Donald Trump Shakes Hollywood: The American president wants to take high rates abroad. This can also affect the business model of the American studios, because they themselves run a lot abroad to reduce costs. The film industry in America dies, Trump claimed. According to him, the reason is that other countries pulled filmmakers and studios with different incentives from the US.
Trump’s solution: a 100 percent habit on films “coming to our country and were produced abroad”. There were no details about this-even during a press appointment in the American capital Washington in the early afternoon (local time), in which Trump was again expressed. There he announced conversations with representatives of the film industry. “I want to make sure you are satisfied with it because it is about jobs.” It is a large industry that left its place of origin – the US. “We’ll bring you back.”
Hollywood -Manager at loss
It is unclear how such rates should work at all, because films are not imported such as goods with a fixed price and often cross -border productions. Among other things, the US government should find a way to evaluate films to determine when they are considered an import. Minister of Trade Howard Lutnick immediately announced that he was on this subject.
In the meantime, Hollywood managers tried to understand what the announcement could mean for their company on Sunday evening, the “Wall Street Journal” wrote. In particular, expensive blockbusters like to shoot in Canada, Great Britain, Hungary, Australia -or in the Babelsberg studio near Berlin. TV series are also often made there. And the Netflix model is basically with products around the world.
Memphis in Australien
Disney’s Marvel Studios, for example, started filming for the next “Avengers” film in London. From “Furiosa: A Mad Max Saga” to “Planet of the Monkey: New Kingdom” to “The Fall Guy” with Ryan Gosling and Emily Blunt, many films were made in Australia. The Gold Coast became Memphis in Tennessee for the “Elvis” film.
Another problem: the rates can cause retaliation measures from other countries. But the foreign markets have become increasingly important for Hollywood in recent years and bring most of the money.
“Threat of national security”
So how did Trump’s advance come? In January he had appointed the actor Jon Voight, Mel Gibson and Sylvester Stallone as his ‘ambassadors’ in Hollywood. Voight visited Trump at the weekend in Florida. His manager Steven Paul previously told the Bloomberg Financial Service who wanted to introduce the two to the president of promoting filming in the United States with tax benefits. From the point of view of Trump, however, rates are a better solution than subsidies in completely different industries such as the chip industry.
“Hollywood and many other areas in the US are being destroyed,” Trump wrote on his online platform Truth Social. “This is a joint action from other countries and therefore a threat to national security.”
Alarm in “Aussiewood”
In Australia, the announcement caused great concern. Minister of Culture Tony Burke assured that he would work for the rights of the Australian film industry. Especially when filming in the US because of the Corona Pandemic, “Aussiewood” was prepared to offer itself as an alternative. Since then, the government has recruited foreign productions with high financial stimuli. The country also offers a combination of state-of-the-art studio facilities, visual effective studios and locations with which almost every place in the world can be simulated.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
