It feels like every TV channel I turn to is talking about tariffs. I have been using film and TV to avoid the topic, but alas, it's come home to roost.Today, The Hollywood Reporter published a long article about how Trump's tariffs and the overall economic instability have affected Hollywood. (Something director Todd Haynes warned us about back in February.)And on my favorite podcast, The Town, they had an entire episode about which companies are going to feel the heat from the tariffs and who's suffering because of them.Whether you are for or against the tariffs, you cannot argue that they have not been volatile in their first few weeks. That volatility makes people in Hollywood wary. Everyone is watching the economy in fear of a crash, and worrying about how the projects they greenlight will be perceived and received by the public. This is obviously a situation that's affecting our business and job creation from the top down. So let's unpack it. Economic Volatility and HollywoodThis might be obvious, but Hollywood would prefer to make movies and TV shows at times of economic stability, and not volatility. The main reason for all of this is that movies and TV shows only make money if consumers go to the theaters or tune into TV shows. That's the very foundation of all entertainment. We're already seeing American movies debuting in China dropping. Could other countries follow suit? The reason is that when people start to save money or cut out spending...
Published By: NoFilmSchool - 3 days ago