100% Tariffs on movies produced outside of the United States....What do y'all think of this?
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Movie Studio Tariffs
- Thread starter Eric Graham
- Start date
Netflix for example is projected to spend more than half of its titles outside of the US.
Disstevefan1
Well-Known Member
This will not stop movies from being made, it will just cost more to make them and it may lead to some losing money at the box office.
This will not effect Disney as they are already pros at losing money at the box office
This will not effect Disney as they are already pros at losing money at the box office
Disney Irish
Premium Member
Production costs will remain about the same as its not production that is affected, its after production is finished and the movie is being distributed that is when this takes affect. It means that ticket prices will rise for consumers (so will streaming service prices to offset those costs), that is the primary effect of this.This will not stop movies from being made, it will just cost more to make them and it may lead to some losing money at the box office.
This will not effect Disney as they are already pros at losing money at the box office
Hawkeye_2018
Well-Known Member
I dont expect any tariffs on movies to actually happen
Chi84
Premium Member
I don’t expect any tariffs to happen.
lazyboy97o
Well-Known Member
This is specifically prohibited by US law.
Disney Irish
Premium Member
Market isn't reacting like its prohibited. Like others I doubt it'll really happen. But markets don't like uncertainty so until its 100% shown to be prohibited studios are going to have to act like it can happen.
Prince-1
Well-Known Member
Hard..to..resist...saying..something..not...political...........
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Prince-1
Well-Known Member
I already posted this but here ya go again....
White House Says “No Final Decisions” Have Been Made on Movie Tariffs, Still “Exploring All Options”
The administration says it is still intent on "Making Hollywood Great Again" though it suggests it will take time for tariff plan to come to fruition.
lazyboy97o
Well-Known Member
Which is why it is important to not mischaracterize, handwave or steelman this as anything other than what it is, illegal under the very clear text of the Berman Amendment.
Phroobar
Well-Known Member
Disney Irish
Premium Member
Yeah well the Trade Review Act (and a few others) recently introduced indicates that those powers might be at least partially legal, as it tries to regain those powers back to the Legislative where they were and belong.
TP2000
Well-Known Member
As for Los Angeles and its struggling economy, the Hollywood business collapse is not new. It goes back several years now, and it's not getting any better. Movie and TV production have fled LA for greener pastures; sometimes Georgia or other states, but also Vancouver BC and entirely diffferent countries.
The bloom is off the Hollywood rose, to be sure. The entertainment industry there is really struggling, which has put a huge strain on the entire LA economy. For every bit actor or lighting tech out of work, there's a half dozen waitresses and hairdressers and dry cleaners also now out of work in LA.
Something needs to be done to salvage the entertainment industry and the struggling economy of Los Angeles County. And as goes LA, so goes California....
www.nbclosangeles.com
www.mercurynews.com
calmatters.org
www.theguardian.com
The bloom is off the Hollywood rose, to be sure. The entertainment industry there is really struggling, which has put a huge strain on the entire LA economy. For every bit actor or lighting tech out of work, there's a half dozen waitresses and hairdressers and dry cleaners also now out of work in LA.
Something needs to be done to salvage the entertainment industry and the struggling economy of Los Angeles County. And as goes LA, so goes California....
‘There's no work.' What the decline in on-location LA productions means for Hollywood jobs
Manny Shaw vividly remembers the first time he saw his name come across a television screen. A Hollywood post-production assistant at the time, he was on a phone call with his mom as they watched the credits roll at the end of an episode of the fifth season of the NBC show “This Is Us.” “My mom...
www.nbclosangeles.com
California job market flops as it lands near bottom among US states
California might boast that it’s the world’s 4th-largest economy, but the statewide job market is one of the nation’s weakest.
www.mercurynews.com
California's economy was already sluggish before Trump levied global tariffs | Opinion
California's high unemployment rate and job losses in private industries predated President Trump's global trade crusade.
calmatters.org
‘It feels empty’: is Hollywood film and TV production in a death spiral?
Filming in Los Angeles is at a historic low, with some suggesting the city might go the way of Detroit
www.theguardian.com
TP2000
Well-Known Member
According to Google, some foreign countries do place tariffs on American-made ("Hollywood") movies. For instance, since 2012, Communist China has had a 25% tariff on all American movies, in addition to having an annual quota of how many Hollywood movies are let in to the country once they pass the Communist censors.
I'm going to do some more digging, and I imagine there will be some media reporting on this in the next day or two (which would be helpful!), but it does appear that some countries have tarrifs on American movies, which leads to that lower 40% box office take compared to the 60% a Hollywood studio earns on American box office receipts.
I'm going to do some more digging, and I imagine there will be some media reporting on this in the next day or two (which would be helpful!), but it does appear that some countries have tarrifs on American movies, which leads to that lower 40% box office take compared to the 60% a Hollywood studio earns on American box office receipts.
Agent H
Well-Known Member
I hope you’re right.
brideck
Well-Known Member
Unless I'm just reading this too closely, you're conflating a couple things together here, no? The entertainment industry isn't failing per se and doesn't really need salvaging.
The local Hollywood production economy? Sure. Because entertainment producers have found cheaper ways to work to help their bottom-lines, and have been doing so for decades.
Sirwalterraleigh
Premium Member
Definitely trying to make it simple is….”a choice”…for sure