Movie Studio Tariffs

mf1972

mf1972

Well-Known Member
IMG_6404.gif

me watching this thread before it possibly gets shut down.
 
TP2000

TP2000

Well-Known Member
brideck said:
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.
Click to expand...

My amateur guess is that these tariffs would be designed to bring movie and TV production back to “Hollywood”.

And by Hollywood, I mean the broader LA Metro area from Simil Valley to Burbank to Hollywood to Century City, and every little production studio in towns and cities in between. Even down to Orange County, where some productions used to exist.

Now, the knock on efffects would be to also return some of that overseas production to Georgia or New York, but “Hollywood” and the LA Metro area is in the worst shape financially.

There is a lot of unused capacity in the empty soundstages and abandoned offices around LA now. So do something to bring it back!
 
Tha Realest

Tha Realest

Well-Known Member
brideck said:
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.
Click to expand...
That depends on how you define the “entertainment industry.” Legacy media conglomerates are having a tough time (WBD, Paramount). Tech companies dabbling in entertainment as a way to disrupt another industry? They’re doing fine; Netflix is more the latter than the former. Disney and Comcast are more the former than the latter (though with Comcast it’s murkier given their broadband business).
 
Hawkeye_2018

Hawkeye_2018

Well-Known Member
TP2000 said:
My amateur guess is that these tariffs would be designed to bring movie and TV production back to “Hollywood”.

And by Hollywood, I mean the broader LA Metro area from Simil Valley to Burbank to Hollywood to Century City, and every little production studio in towns and cities in between. Even down to Orange County, where some productions used to exist.

Now, the knock on efffects would be to also return some of that overseas production to Georgia or New York, but “Hollywood” and the LA Metro area is in the worst shape financially.

There is a lot of unused capacity in the empty soundstages and abandoned offices around LA now. So do something to bring it back!
Click to expand...
Its that easy!
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
TP2000

TP2000

Well-Known Member
Hawkeye_2018 said:
Its that easy!
Click to expand...

Well, to be fair, it won't be easy at all. But at least this starts a conversation, and begins a process to regain that lost business and reinvigorate that dying industry (especially in LA!).

I can understand why a James Bond movie would be filmed in England, but why did The Marvels need to be filmed there? And why did the UK government give Marvel a $68 Million check (cheque?) to help subsidize that production? Meanwhile, as The Marvels was filmed on the other side of the planet, in LA in the early 2020's the entertainment economy was collapsing and many in LA's entertainment industry were out of work and struggling. I don't get it.

I'd much rather have the 50 individual laboratories of free market democracy, AKA our 50 States, compete against each other for the high paying jobs in the entertainment industry and have all that work on American films go to American workers. Rather than shipping them all overseas to foreign countries who will pay lower wages and offer bigger government subsidies to steal that business from Hollywood.

www.nytimes.com

As Hollywood Struggles, the Region’s Economy Feels the Pain

Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.
www.nytimes.com www.nytimes.com
 
Disney Irish

Disney Irish

Premium Member
TP2000 said:
Well, to be fair, it won't be easy at all. But at least this starts a conversation, and begins a process to regain that lost business and reinvigorate that dying industry (especially in LA!).

I can understand why a James Bond movie would be filmed in England, but why did The Marvels need to be filmed there? And why did the UK government give Marvel a $68 Million check (cheque?) to help subsidize that production? Meanwhile, as The Marvels was filmed on the other side of the planet, in LA in the early 2020's the entertainment economy was collapsing and many in LA's entertainment industry were out of work and struggling. I don't get it.

I'd much rather have the 50 individual laboratories of free market democracy, AKA our 50 States, compete against each other for the high paying jobs in the entertainment industry and have all that work on American films go to American workers. Rather than shipping them all overseas to foreign countries who will pay lower wages and offer bigger government subsidies to steal that business from Hollywood.

www.nytimes.com

As Hollywood Struggles, the Region’s Economy Feels the Pain

Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.
www.nytimes.com www.nytimes.com
Click to expand...
So much for location shoots I guess then, no more movies set in other parts of the world actually being filmed in those parts of the world under your plan.

Also we didn't need a threat of tariffs to be levied for states to try to fight for movie productions to be filmed in the US. Many states, California too, have enacted or have plans to increase the tax credits for productions filmed in their states. 28 of the 50 states have tax credits enacted or plans to with many such as California having legislation currently in process to increase them. BTW, this is the same type of tax credit that the UK has which you seem to question.

So it was already underway as it was to try and revive much of the domestic movie production, the tariffs threat wasn't even needed. But its funny how you mention the free market, when that is all that was happening to begin with, movie studios searching out the best deals for their movie productions, ie other countries fought harder and won the business fairly.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
I think the reason why production has left LA…even for not too friendly places to operate a business like the UK…is our unique combination of unlimited red tape and litigation. Many places have the former…but the latter puts it over the top. Just my opinion (don’t really need the weird response sure to arrive in 5
Minutes…it’s only an opinion)
 
Disney Irish

Disney Irish

Premium Member
Sirwalterraleigh said:
I might be crazy…but it seems any business that has caught a boat/flight over international waters has never returned…

But that’s just the first 75 years or so of the experiment 😉
Click to expand...
You are crazy, but not on this. Very few if any businesses returned in any meaningful way once globalization made access to resources more affordable.
 
lazyboy97o

lazyboy97o

Well-Known Member
Tariffs are taxes paid on imported goods. They are paid by the importer. Anyone who has traveled internationally should be familiar with this as it’s the reason flight attendants hand out customs declaration forms. It’s why airports have duty free shops where goods are cheaper because they have not been subject to a duty (tariff). If you go overseas, buy enough of something that you have to declare it and pay taxes, you cannot call up the company that made those products and ask for reimbursement.

Tariffs on services are really not much of a thing. Different visas are required for people to be authorized to work when physically present in a country, but you’re not getting hit with a tax form if you have a conference call with a consultant who is located in another country.

The United States is and has been by far the dominate country in the movie industry. It absolutely exports more content than any other country and imports very little. Those familiar with Disney history will know that by the 1930s international markets were a significant source of revenue. There is no measure by which the US has a trade deficit in movies or many, many other services. Even US films with major production components done outside the US such as shooting or animating, still include significant work done in the US. Movies produced by US companies still dominate the global box office and the domestic box office of many countries. Major centers of international production are places like Australia and Canada which have already had comprehensive free trade agreements for years now.

Most importantly though, the Bermen Amendment is clear that the president does not have the authority to interfere in the importing or exporting of a variety of media. Even if Congress agreed, what is being tariffed? Data transfers of digital files? What is the value of raw footage that would be declared? Does a hoped blockbuster have to pay more than a small budget indie film?
 
BrianLo

BrianLo

Well-Known Member
TP2000 said:
Well, to be fair, it won't be easy at all. But at least this starts a conversation, and begins a process to regain that lost business and reinvigorate that dying industry (especially in LA!).

I can understand why a James Bond movie would be filmed in England, but why did The Marvels need to be filmed there? And why did the UK government give Marvel a $68 Million check (cheque?) to help subsidize that production? Meanwhile, as The Marvels was filmed on the other side of the planet, in LA in the early 2020's the entertainment economy was collapsing and many in LA's entertainment industry were out of work and struggling. I don't get it.

I'd much rather have the 50 individual laboratories of free market democracy, AKA our 50 States, compete against each other for the high paying jobs in the entertainment industry and have all that work on American films go to American workers. Rather than shipping them all overseas to foreign countries who will pay lower wages and offer bigger government subsidies to steal that business from Hollywood.

www.nytimes.com

As Hollywood Struggles, the Region’s Economy Feels the Pain

Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten stiffer.
www.nytimes.com www.nytimes.com
Click to expand...

Just wanted to point out - you’ve long decried Pixar with its bougie Californian overpaid employees and praised the offshore animation (and budgeting) of Illumination. It would seem you’ve done a 180 on your free market opinion. This won’t improve film budgets, which has been something you’ve otherwise long been an advocate of.

Nothing wrong with changing your stance, but just want to say I was ironically on this other side of the argument the whole time, as a non-American.
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom