Is Hollywood still the world's movie business capital?

US President Donald Trump's threat to drag the movie world into his trade wars has rattled an industry that is still recovering from the Covid-19 shutdown, historic Hollywood strikes and the disruption caused by streaming platforms like Netflix. Will Los Angeles end up like Detroit, the former global capital of the auto industry, or will it bounce back from this crisis? Charles Pellegrin discusses this and more with Serge Siritzky, a French film producer as well as an expert in film finance; and Stuart Nash, a former New Zealand minister for economic development. While in office he oversaw over $650 million in film subsidies to attract huge Hollywood productions such as "Avatar" or "A Minecraft Movie".

May 31, 2025 - 03:00
18219
Is Hollywood still the world's movie business capital?
US President Donald Trump's threat to drag the movie world into his trade wars has rattled an industry that is still recovering from the Covid-19 shutdown, historic Hollywood strikes and the disruption caused by streaming platforms like Netflix. Will Los Angeles end up like Detroit, the former global capital of the auto industry, or will it bounce back from this crisis? Charles Pellegrin discusses this and more with Serge Siritzky, a French film producer as well as an expert in film finance; and Stuart Nash, a former New Zealand minister for economic development. While in office he oversaw over $650 million in film subsidies to attract huge Hollywood productions such as "Avatar" or "A Minecraft Movie".
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.