Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Scenes of the mountains in Front of the Hollywood Sign on March 5th 2017 in Los Angeles, United States of America.
James D. Morgan | Getty Images Entertainment | Getty images
Investors in Hollywood’s Top Studios and streaming Services Were Spooked Monday After Exterium Donald Trump Proposed implementing A 100% Tiriff on movies made overseas.
Shares of Netflix, Disney, Paramount And Warner Bros. Discovery Fell Ahead of the Opening Bell, with Comcast-owned Universal Also trading slightly down. Hera’s how Thang Share Moves Shook out:
- Netflix down more than 5%
- Disney down More Than 3%
- WBD down More Thai 3%
- Paramount Down More Thoman 2%
- Comcast Down Less than 1%
Trump Called Tax incentives offerered by foreign countries “a National Security Threat” in A Post on Truth Self Sunday Night. He said he ws authorizing the Department of Commerce to imperce to imperce to imperge a levy on all films produced abroad that is the sent to the United States.
How Trump intends to implement these duties is unclear, as is exactly who is being targeted and who would foot that potential tariff bill.
Hollywood Studio Long Long screen moved overseas, Either for Tax benefits or to capture the natural sorting of International Locations. Some films are shot in multi-multiplies, with many studied havios satellite satellite areas the globe.
When Trump First Instituted a 25% Tariff on imports from Canada, a popular filming locatts for Hollywood Shows and television Shings for Hollywood Experper Thing It wouldn’t have a major Impact on Production. To achieve none, the rushes of projects of living, and transporting the final product can be be decidse or with a competitive device. Therer isn’t a physicalistic that exchanges hands hands hands hands.
Questions are already swirling. What part of the Prarmuction Product thould be hit with this duty? May It’s It It applies to multi-multi-multi-multi-multi-multi-multi-multi-multi-multi-multi-multi-multentview TV shows countryly also? ODE ALRERYS completed projects exempt?
Additionally, as with the first round of tariffncements Earlier minutes, Industry Experts how to impixshippips with other countries. Hollywood Relies on International Office Sales to Recoup Lofty Film Budgets. China has been already closed ests with doorses for Hollywood Products. Other Regions can retaliate and stir the same.
Disclosure: Comcast is the Parent Company of Nbcuniversal and CNBC.
