Latest news with #MakeHollywoodGreatAgain
Yahoo
a day ago
- Business
- Yahoo
Ampere Analysis Breaks Down The Threat U.S. Tariffs Would Pose To European Film & TV
Speaking at NEM in Croatia, Ampere Analysis Co-Founder Guy Bisson ran the rule over the so-called plan to save Hollywood from Jon Voight and associates, and assessed the potential impact on the European film and TV biz. 'A 120% tariff on incentives to cancel out global schemes is patently ridiculous and obviously very damaging, potentially, to the European industry,' he said. 'Tax treaties, local tax treaties in the U.S., and incentive schemes, just like we use in Europe, clearly, are the way to go if you want to re-enliven your industries.' More from Deadline Donald Trump's Tariffs Deemed Unlawful & Blocked By Trade Court; White House Appeals Instantly Life After Peak TV: "It's A New World Order... There's A Rethink Required" - Berlin Streamer Content Spend To Top Commercial Broadcasters For First Time In 2025 - Report A draft of Voight's Make Hollywood Great Again plan, obtained by Deadline, included a mixture of production incentives and a 120% tariff on the value of a foreign incentive received. After he presented the plan to Donald Trump, the President public proposed a 100% tariff on all U.S. film imports, including productions that shoot in other countries. The NEM confab and sales market is held annually in Dubrovnik. The latest edition kicked off, Monday, with Bisson's session, which was entitled: 'Content Trends in the Era of Trump: Protectionism, Production and International Markets'. The Ampere executive set the scene by showing how the European content business has benefitted from the U.S. studios widening their production bases and streamers setting up shop in several parts of the continent, resulting in orders for thousands of hours of first-run programming. He also said international markets are key to those same U.S. giants monetizing their series and movies with, for example, 54% of the total box office for U.S. films coming from international markets, according to Ampere. Getting into the weeds on the suggested measures, he said a 120% tariff on any incentive received overseas is 'one of the most concerning aspects of the proposal, effectively closing the door on U.S. producers making use of any overseas incentive.' He went on to break down what might happen if the proposed measure were introduced with a slide that pinpointed the UK and Spain as the two biggest potential losers in Europe, given the volumes of U.S. production in both countries. 'Obviously the big European markets – the UK, France, Italy, Spain, Germany – are on that list, but so is Poland, for example, and Turkey, and the Scandinavian markets. They have been the [among] biggest beneficiaries of that 'runaway' production.' Speaking about the notion of tax treaties with certain countries for films substantially produced in U.S., Bisson said the idea is interesting: 'While you still have to make a majority, or spend a majority of the budget, in the U.S., you can effectively stack or double dip incentive schemes through those treaties.' He also said any re-introduction of rules that prohibit networks (and now, SVODs) fully owning shows 'would remove one of the things that's annoyed producers so much, which is streamers taking all rights in perpetuity.' Trump has said that he would meet with industry officials, and the White House said no final decisions have been made regarding the plan. Voight, Sylvester Stallone and a group that included studios and unions later wrote a letter to Trump emphasizing the need for production incentives While punchy, the NEM presentation was, thusly, analyzing what are currently theoretical scenarios. Bisson said that the best hope for the European biz is that theory never becomes practice. 'None of this is actually happening or being put in place yet, it's just a suggestion,' he said. 'Who can predict what Trump will do next. You may have heard the nickname that Trump has been given: TACO; Trump, Always Chickens Out on tariffs. That's what we can hope will happen again when it comes to our industry and the suggested protectionism being placed on film and TV.' Ted Johnson contributed to this report. Best of Deadline 2025 TV Series Renewals: Photo Gallery Tony Awards: Every Best Musical Winner Since 1949 Tony Awards: Every Best Play Winner Since 1947
Yahoo
5 days ago
- Business
- Yahoo
Gavin Newsom Meets Privately With Trump Ambassador Jon Voight in LA
Gov. Gavin Newsom and Jon Voight, one of President Donald Trump's three Hollywood ambassadors, met in Century City on Thursday to discuss the actor's 'Make Hollywood Great Again' proposal. A Newsom aide and a representative for Voight confirmed the meeting to Politico. 'They shared a commitment to working together to help to build up the film industry in the U.S. — particularly California and Los Angeles,' the outlet reported. Former Warner Bros. executive DeeDee Myers, who is director of the Governor's Office of Business and Economic Development, was also present. The meeting came as California's $750 million film tax credit plan remains in the air as state budget cuts have weighed down the process. The pair of California Film & TV Jobs Act bills passed their first floor votes in Sacramento this week, though it's unclear if Trump's tariffs and/or Los Angeles wildfire recovery efforts could impact the outcome. If successful, the bills would expand the types of productions that are eligible for tax incentives, offer a 35% tax rate to L.A.-based productions and increase the program's cap from $330 million to $750 million. Newsom also previously suggested a $7.5 billion film and TV national tax incentive program last month. 'The governor is fully committed to this proposed $750 million investment in California's film and television industry, which will protect good-paying jobs and support the workers who power the state's creative economy,' a spokesperson for Newsom said in a statement. The Oscar-winning actor's May proposal includes a carrot-and-stick approach, mixing tax incentives, foreign film tariffs and co-production treaties to encourage U.S. movie production. Mel Gibson and Sylvester Stallone are Trump's other two Hollywood ambassadors. TheWrap has reached out to Newsom and Voight's teams for further comment. The post Gavin Newsom Meets Privately With Trump Ambassador Jon Voight in LA appeared first on TheWrap.
Fox News
20-05-2025
- Entertainment
- Fox News
Director Wes Anderson confused by Trump's 100% foreign-produced movie tariffs proposal
Filmmaker Wes Anderson mocked the "interesting" idea of President Donald Trump enforcing a 100% tariff on foreign-produced films on Monday. While promoting his new film "The Phoenician Scheme" at the Cannes Film Festival, Anderson was asked about Trump's proposal earlier this month to slap tariffs on films produced outside the United States. Anderson, whose film was partially shot in Germany, was confused by the idea and wondered how it could even be enforced. "The tariff is interesting because I've never heard of a 100% tariff before," Anderson told reporters. "I'm not an expert in that area of economics, but I feel that means he's saying he's going to take all the money. And then what do we get? So it's complicated to me. Can you hold up the movie in customs? It doesn't ship that way." Anderson, known for his unique directing style and such hits as "The Grand Budapest Hotel," then admitted that he was "not sure" about the tariff itself and wanted the full details before giving an "official answer." Despite Trump's announcement, the White House later said there were "no final decisions" on how to address foreign filmmaking but added that it was "exploring all options" to promote domestic productions and "Make Hollywood Great Again." Opinions have largely been split on the idea of a 100% tariff on films and whether it could help the entertainment industry. Fellow film director Richard Linklater also responded to questions on the tariffs at the Cannes Film Festival on Sunday, though he had harsher criticism for Trump. "I mean for the tariff, that's not going to happen, right? The guy changes his mind 50 times in one day, whatever. It's the one export industry of the U.S., it'd be kind of dumb," Linklater said. In a rare collaborative tone, California Democratic Gov. Gavin Newsom offered support for Trump's efforts to "Make America Film Again." He has instead proposed a $7.5 billion federal tax credit program to incentivize TV and film production.
Straits Times
12-05-2025
- Politics
- Straits Times
Why ‘Make Hollywood Great Again' makes sense
Maga, or Make America Great Again, has always been about manufacturing. US President Donald Trump talks about bringing back production lines to the Midwest because so many of the economically precarious voters most open to his message were laid-off factory workers in old production-line industrial towns. But last week, the president started talking about tariffs not on steel, but on foreign-made films. He now wants to 'Make Hollywood Great Again' by pushing companies to produce more films in the US. Join ST's Telegram channel and get the latest breaking news delivered to you.
Los Angeles Times
08-05-2025
- Entertainment
- Los Angeles Times
The Trump show comes for Hollywood and Alcatraz
President Trump surprised California with a pair of announcements over the weekend to impose tariffs on films produced abroad and to reopen Alcatraz, a San Francisco landmark, as a working prison, all without consultation with state officials. The White House would not offer details on either plan, perplexing industry executives and local lawmakers who see both as highly impractical, and prompting a series of basic questions that administration officials pressed by The Times were unprepared to answer. How does Trump's team plan to collect import duties on a product that amounts to intellectual property? Does the president's team understand that most Hollywood productions are at least partially filmed overseas? And why is the federal government going to shut down a national historic landmark, reconverting it into a prison in the heart of a city after closing it 60 years ago due to skyrocketing costs? Yet Trump's focus on Hollywood, in particular, has gained him praise for drawing national attention to a growing crisis for Los Angeles, which is losing its prized industry at a concerning speed. Film executives aren't asking whether the president's intentions are in the right place. They are asking whether his solutions make any sense — or might backfire. Trump's announcement on film tariffs came after one of his three named ambassadors to Hollywood, Jon Voight, flew to Trump's Mar-a-Lago resort in Florida over the weekend to present ideas on how to reverse an exodus of production from Los Angeles — a list that proposed tariffs in only 'certain limited circumstances,' according to a statement from Voight's manager. A White House official told The Times that 'while President Trump regularly corresponds with his Hollywood ambassadors, including Jon Voight, to restore America's cultural dominance, it was President Trump himself who formulated the idea of using tariffs to Make Hollywood Great Again.' But the White House could not provide additional details on the plan, which could ultimately hurt the very production companies that Trump and Voight seek to protect. Hollywood is facing a real crisis over its historic entertainment industry, with production work moving not only overseas but also to competing domestic hubs. Hollywood executives and California leadership, including its Democratic governor, Gavin Newsom, have welcomed presidential attention to the matter, extending offers to collaborate on a solution. 'California built the film industry — and we're ready to bring even more jobs home,' Newsom wrote on social media this week, proposing a federal tax credit for Hollywood filmmakers to the White House and telling Trump, 'Let's get it done.' But a Times investigation last month found that Voight and Trump's other two ambassadors, Mel Gibson and Sylvester Stallone, had barely engaged with industry stakeholders on a working plan before the president made his plans public. The White House has also been limited in its outreach. At least one of the special Hollywood envoys learned of their appointment by tweet, sources said. Trump said the film tariffs would be implemented to combat foreign nations attempting to siphon industry dollars from the United States, a practice he characterized as a 'national security threat.' But the announcement comes as California is leading a lawsuit against the U.S. administration over the legality of Trump's use of tariffs in the first place — particularly its national security rationale. 'The president of the United States simply does not have the legal authority, under the Emergency Economic Powers Act, to impose tariffs. Period, full stop,' Newsom said last week. Even if Trump were to proceed with the plan, his team probably would have to come up with another legal vehicle: A 1988 amendment to the Emergency Economic Powers Act explicitly exempts films, publications and artwork, among other items, from foreign duties. Meanwhile, all other tariffs currently in place against foreign nations — particularly against China — are beginning to affect American families, including those in California. Furniture and fast fashion retailers have begun urging customers to make purchases now before imminent increases take effect, raising prices 30% or more. And prices increased overnight for parents of young children this week. A Barbie doll from Mattel that had cost under $10 last month is now $15 and expected to increase further in price, while the signature stroller from UPPAbaby, listed at $899 on Sunday, cost $1,199 as of Monday. 'All costs are down,' Trump said aboard Air Force One on Sunday evening. 'Everything is down, other than the thing you carry the babies around in.' Trump's announcement on Alcatraz came just hours after the 1979 Clint Eastwood film 'Escape from Alcatraz' aired on South Florida public television, prompting questions to the president this week about how he came up with the idea. 'Well, I guess I was supposed to be a moviemaker. We're talking — we started with the moviemaking, it will end,' Trump told reporters on Monday. 'I mean, it represents something very strong, very powerful, in terms of law and order. Our country needs law and order. Alcatraz is, I would say, the ultimate, right? Alcatraz — Sing Sing and Alcatraz, the movies.' 'But uh, it's right now a museum,' he continued. 'Believe it or not. Lotta people go there. It housed the most violent criminals in the world, and nobody ever escaped. One person almost got there, but they, as you know the story, they found his clothing rather badly ripped up, and uh, it was a lot of shark bites, lot of problems. Nobody's ever escaped from Alcatraz, and just represented something strong having to do with law and order. We need law and order in this country. And so we're going to look at it.' Trump's proposal was quickly dismissed by local lawmakers, and drew confusion among tourists at Alcatraz. In order to revoke the site's status as a national historic landmark, the National Park Service probably would have to conduct an extensive review before the Interior secretary, Doug Burgum, makes a decision on how to proceed. 'Alcatraz closed as a federal penitentiary more than sixty years ago. It is now a very popular national park and major tourist attraction,' Rep. Nancy Pelosi (D-San Francisco), a former speaker of the House, said on X in response to the idea. 'The President's proposal is not a serious one.' Trump's plan to revive Alcatraz as a 'symbol of law and order' comes as Californians are increasingly losing faith in his adherence to the rule of law. A new UC Berkeley Institute of Governmental Studies poll co-sponsored by The Times found that 65% of registered voters across the state believe that Trump's actions have 'gone beyond his constitutional authority as president,' including 24% of Republicans and 63% of independents. The must-read: Trump's call to reopen Alcatraz falls flat with tourists, who ask: Why? The deep dive: Newsom wants a federal tax credit to save Hollywood. Why that's a long shot The L.A. Times Special: Trump's popularity in a slump in California amid abuse-of-power concerns More to come,Michael Wilner —Was this newsletter forwarded to you? Sign up here to get it in your inbox.
