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”.
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Is Hollywood still the world's movie business capital?
