President Donald Trump did not hide any “tariff” as “the most beautiful word in the dictionary”, but no one has ever seen it to the film industry.
But this seems to be in business, according to Trump’s social participation Earlier this weekAnd it can have serious consequences for the film industry in Europe.
The president pledged to impose a 100 % tariff, but he did not share more details about when and how it could be put forward.
If this will start to start, it will destroy the entire industries in the United Kingdom and Central Europe, especially since more Hollywood films and shows, including evil and game of thrones spin off Dragon House, It is increasingly shot or produced outside.
Trump said that Hollywood was “destroyed” through the transformation, and pointed out that foreign incentives are “propaganda” that pose a threat to national security “for the United States.
However, since most major media companies, whether Walt Disney or Universal Bects, are launching projects abroad, it is clear that the process of making movies is completely globalized-the Trump message “Maga”.
Brian Cox, who played the role of Logan Roy in the famous HBO series successionHe said Times Radio The Trump administration did not understand, “How films are made, and what films cost, (how) the cost of films increased (the cost of films in America has increased significantly.”
Cox added: “It is a kind of nonsense and divine ignorance of all their parts.”
Cinematic definition news follows years after the disturbances facing this industry, including Covid-19 delays, Hollywood representatives and their book, and forests in Los Angeles. I felt the effects of these ripples all over the world.
Iris Knobloch, president of the Cannes Film Festival, announced that “Hollywood has returned” and said that the industry “re -invented itself.” While it is still too early to assess the effect of what might happen if the definitions appear, Knobloch, a former Warner executive official, told Warner, Financial times “The films have always been resistant to any kind of political pressure or others.”
She said, “I hope the global cinema industry will be paralyzed due to caution and uncertainty.”
Questions abound about how definitions affect the film industry
Almost half of the spending on film and television projects by American producers in 2023 were made outside the United States when budgets exceeded $ 40 million, according to PRODPRO research company.
This is largely due to the fact that countries like the United Kingdom, Belgium and Hungary offer great incentives, ranging between 25 % and 45 % In discountsIf movies and shows are made or produced there. On the contrary, the cost of making films in Hollywood is often much higher.
It is not uncommon for extensive films, as in The task is impossible Conception, you have amazing backgrounds where the plot is set.
There is also more than just photography – the production of Movie is a long process and takes a village to convert the final product that we see at home or in theaters. Production houses work with talents across countries for various post -production tasks, which require liberation, audio design, CGI and more.
It will be difficult to target some parts of the process, not others, especially when there is always a clear way to track the total production process that occurs in the United States or abroad.
Take the UK for example. The spending on television production was 5.6 billion pounds in the country (7.4 billion dollars) in 2024, an increase of 31 % from 2023, according to British Film Institute (BFI). A wide majority of what was spent came from the United States
“While this announcement is clearly related to luck In a statement. “We will meet with the (government) government and our industry policy group in the coming days to discuss more. The United Kingdom and the United States have long enjoyed a strong and shared movie with filmmaking, which recently celebrates a hundred years of cooperation and creative production.”
BECTU, the British Union representing workers in the media industry, Definitions “You can deal with a fatal blow to the industry that only recovers and will be a truly worrying news for tens of thousands of skilled independents who make films in the United Kingdom.”
The UK has just signed a trade deal with the United States, and there is already.Active discussions“On the topic of definitions on film production.
Silver connection, as indicated by Disney Hugh Johnston A CNBC interview This week, Trump wants to help the film sector.
He said: “What I really encouraged is that the president spoke about the fact that he wants to help the industry and wants to make the industry stronger.”
At the present time, there More questions One of the answers to the definitions that may be followed.
This story was originally shown on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/05/GettyImages-2184796941-e1746791921786.jpg?resize=1200,600
Source link