The executives argued on the call that many films are still shot in the U.S, including in such production hotspots as Georgia, New Jersey, and New York that offer generous production incentives, according to three people with knowledge of the discussion. They hope that they can convince the president that the problem of runaway production mostly impacts the state of California, which does not offer the same level of subsidies as other states.
Source: Hollywood Studios Strategize on How to Handle Trump Tariff Threats at MPA Special Meeting
Despite all the glamour that makes Cannes such a singular experience, there’s palpable anxiety as the festival gets ready to kick off its 78th edition. Many executives fear that Trump’s tariffs will jeopardize their businesses. There’s widespread confusion about how the tariffs on foreign-made films would be administered. If they do go into effect, they threaten to unravel a network of foreign subsidies that studios and indies rely on to finance their movies.
SAG-AFTRA’s national executive director and chief negotiator has weighed in on President Donald Trump’s idea to apply tariffs to films produced outside the U.S. — and signaled an open mind about it. Duncan Crabtree-Ireland, the staff leader of the 160,000-strong performers union, said in a statement on Monday that “SAG-AFTRA supports efforts to increase movie, television and streaming production in the United States.”
Google should sell two of its ad businesses to address antitrust issues, the U.S. Justice Department said in a court filing after a federal judge ruled last month that the tech giant had created a monopoly in advertising, a move that could upend one of the company’s core businesses. Citing a court opinion issued April 17, a court filing dated May 5 said Google unlawfully acquired and maintained monopoly power in the ad-exchange market, which has harmed competition.
Ministers are rethinking changes to copyright law before a vote in parliament next week, in a further concession to artists, the Guardian has learned. A source close to Peter Kyle, the technology secretary, said proposals to introduce an opt-out system of copyright rules was no longer his preferred option but one of several being given consideration. Kyle said: “We’re listening to the consultation and we are absolutely determined to get this right. We’re not going back to square one. We are moving forward.”