
Undercurrents
Emily Jashinsky: Did Trump just wreck Hollywood?
May 5, 2025
The podcast dives into Trump's recent tariffs on overseas film productions and their potential impact on Hollywood. It highlights the industry's ongoing struggle against globalization, emphasizing the shift towards international markets. The discussion touches on Georgia's film dynamics, the influence of streaming, and the evolving relationship with China. Key insights include the implications of national security concerns and proposed tax reforms aimed at reshoring jobs in entertainment, amid a backdrop of rising production costs and cultural shifts.
32:42
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Quick takeaways
- The proposed 100% tariffs on foreign-produced films aim to address Hollywood's outsourcing challenges, but their practicality and effectiveness remain uncertain.
- The shifting relationship between Hollywood and China highlights the intricate balance of geopolitical tensions, market access, and cultural influence affecting the industry.
Deep dives
The Decline of Hollywood and International Incentives
Hollywood is facing significant challenges, primarily due to the impact of streaming services and the repercussions of the COVID-19 pandemic, which has accelerated existing trends. Many American filmmakers are increasingly turning to foreign countries that offer financial incentives, making it more cost-effective to produce films outside of the U.S. This trend is compounded by the financial struggles of the industry, prompting studios to seek production opportunities abroad to mitigate expenses. The combination of these factors poses an existential threat to the American film industry, as it loses its competitive edge against international counterparts.
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