Hollywood studios’ stocks fall after Trump foreign film tariff vow
How did your country report this? Share your view in the comments.
Introduction:
The news topic “Hollywood studios’ stocks fall after Trump foreign film tariff vow” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- The NFL draft’s selection of D.C. as a host city could be seen as a strategic move to engage with the political establishment. The league has become increasingly involved in political and social issues in recent years. This event is anticipated to provide a significant boost to the city’s economy and tourism industry.
- Netflix, Inc. specializes in on-line broadcasting services for films and television series provided continuously by subscription. Members pay a monthly fee for access to unlimited on-demand content on their computers (PC and MAC), portable telephones, televisions, or other devices (Xbox 360, PlayStation, Wii, Blu-Ray, etc.) connected to the Internet. At the end of 2024, Netflix, Inc
Country-by-Country Breakdown:
Donald Trump News Live: Donald Trump expected to announce NFL draft to be held in Washington, D.C.
The NFL draft’s selection of D.C. as a host city could be seen as a strategic move to engage with the political establishment. The league has become increasingly involved in political and social issues in recent years. This event is anticipated to provide a significant boost to the city’s economy and tourism industry. Read full article
Trump tariff order on movies leaves film industry flummoxed
Netflix, Inc. specializes in on-line broadcasting services for films and television series provided continuously by subscription. Members pay a monthly fee for access to unlimited on-demand content on their computers (PC and MAC), portable telephones, televisions, or other devices (Xbox 360, PlayStation, Wii, Blu-Ray, etc.) connected to the Internet. At the end of 2024, Netflix, Inc Read full article
US media stocks slide on Wall Street after Trump threatens movie tariffs
Netflix shares were down 1.7% by early afternoon on Wall Street. Amazon fell 1.5%, while Warner Bros Discovery and Paramount dropped by 1.1% and 1% respectively. The tech-heavy Nasdaq index lost 0.6%. Trump said he had already ordered the commerce department and the US trade representative to begin instituting such a tariff. The tariffs could hit Netflix in particular because the US streaming company relies on its global production network to produce content for international audiences. The cinema operators Cinemark and Imax were down 2% and 3%, respectively. Inevitably costs will be passed on to consumers, said media analyst Paolo Pescatore, a media analyst at PP Foresight. He said: “It doesn’t feel like something that will happen in the short term as everyone will be grappling to understand the whole process” Read full article
Disney, Netflix, Warner Bros. Discovery, Paramount, Comcast Stocks Fall After Trump Proposes Foreign Film Tariff
Netflix, Disney, Warner Bros. Discovery, Paramount, and Comcast — saw their stocks slide as early Monday morning trading began. President Donald Trump said his administration will begin imposing a 100 percent tariff “on any and all’ foreign films coming into the United States. “The Movie Industry in American is DYING a very fast death,” Trump said on Sunday.Hundreds of films are shot in foreign countries, from Canada to Australia, every year and are boosted by various government-backed tax incentives. These foreign taxpayer-funded inducements, much like the film tax credits offered by Georgia, New York, and New Mexico, have helped accelerate the catastrophic decline in film and TV productions in Los Angeles. Add in Golden State and local tax burdens and a byzantine nexus of regulation, two major strikes, and the recent L.A. fires, and Democrat Gavin Newsom’s utter inability to stop the production exodus. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Donald Trump News Live: Donald Trump expected to announce NFL draft to be held in Washington, D.C.
- Trump tariff order on movies leaves film industry flummoxed
- US media stocks slide on Wall Street after Trump threatens movie tariffs
- Disney, Netflix, Warner Bros. Discovery, Paramount, Comcast Stocks Fall After Trump Proposes Foreign Film Tariff
Source: https://thehill.com/business/5282843-trump-hollywood-tariffs/