International movie makers will stop trying to appease Hollywood because they know that it’s very unlikely their movies will play in the US. So they will focus on other international markets. It’s the same thing we saw with the other tariffs, right? Buyers and sellers are going to look for new business deals in every other country in the world because it makes more sense than dealing with a lunatic who were randomly impose and erase tariffs.
It’s a nice thought, but the difference is that if you grow 1 tonne of rice you only need to find a buyer for 1 tonne of rice. If you’ve invested in a film then you need that film to play in as many markets as possible to stand any chance of recouping that investment.
International movie makers will stop trying to appease Hollywood because they know that it’s very unlikely their movies will play in the US. So they will focus on other international markets. It’s the same thing we saw with the other tariffs, right? Buyers and sellers are going to look for new business deals in every other country in the world because it makes more sense than dealing with a lunatic who were randomly impose and erase tariffs.
It’s a nice thought, but the difference is that if you grow 1 tonne of rice you only need to find a buyer for 1 tonne of rice. If you’ve invested in a film then you need that film to play in as many markets as possible to stand any chance of recouping that investment.