Frankfurt (Germany), 1 September (LaPresse) – ‘Hollywood is a complete and total disaster’. This is what US President Donald Trump wrote in a post on Truth Social, announcing his intention to promote federal tax incentives to revitalise the American film and television industry. Trump reported that he had met with actor Jon Voight, whom he appointed as Hollywood ambassador, claiming that a growing proportion of film and television productions have moved to Canada and other countries, with negative consequences for employment in the United States and particularly in California. According to the president, industry representatives are proposing the introduction of federal tax breaks to make audiovisual production in the US competitive once again. “The amount spent on tax incentives will be recouped tenfold thanks to the money flowing into the Treasury,” he said. Trump added that meetings are planned with leaders from both parties to draw up a bipartisan measure, and he called on Democrats and Republicans to swiftly draft legislation to “save the film, television and entertainment industry in America”. Congress, he concluded, should immediately approve a federal production incentive to create jobs in the US entertainment sector. “What we see on the big screen should be produced in what was once the film capital of the world.”
Trump: ‘Hollywood is a disaster, let’s save American cinema’
Frankfurt (Germany), 1 September (LaPresse) – ‘Hollywood is a complete and total disaster’. This is what US President Donald Trump wrote in a post on Truth Social, announcing his intention to promote federal tax incentives to revitalise the American film and television industry. Trump reported that he had met with actor Jon Voight, whom he appointed as Hollywood ambassador, claiming that a growing proportion of film and television productions have moved to Canada and other countries, with negative consequences for employment in the United States and particularly in California. According to the president, industry representatives are proposing the introduction of federal tax breaks to make audiovisual production in the US competitive once again. “The amount spent on tax incentives will be recouped tenfold thanks to the money flowing into the Treasury,” he said. Trump added that meetings are planned with leaders from both parties to draw up a bipartisan measure, and he called on Democrats and Republicans to swiftly draft legislation to “save the film, television and entertainment industry in America”. Congress, he concluded, should immediately approve a federal production incentive to create jobs in the US entertainment sector. “What we see on the big screen should be produced in what was once the film capital of the world.”