US President Donald Trump wants to regain the US leader in the global film industry with tariffs.
Recently, the annual number of films produced in the world film industry is increasing in India, China and Japan, while rapid decline in the USA is remarkable.
According to information from the World Intellectual Property Organization (WIPO) data, he saw historical summits of film production recovered after the PANDEM during the period.
The film, which has 3 thousand 896 units in 2003, increased every year and reached 9 thousand 328 in 2019.
The film production, which was damaged due to restrictions during the Kovid-19 epidemic period, decreased by 40 percent in 2020 and went down to 5 thousand 656. Film production rose to 7 thousand 827 in 2021, 8 thousand 833 in 2022 and 9 thousand 511 in 2023.
Leader in India Film Production
India takes the first place in film production worldwide. The number of annual films produced in India in 2003, which was 877 units, reached 2 thousand 562 in 2023. Thus, more than 1 fourth of the films produced in the world took place in India.
China is followed by India in film production. The film, which was 140 in China in 2003, reached 792 in 2023.
Japan ranks third in the annual number of film production, while annual film production, which was 287 in 2003, increased to 676 in 2023.
Movie production decreased
In the United States, which ranks fourth in global film production, it is noteworthy that annual film production decreases unlike India, China and Japan.
The annual film production amount of 593 units in the USA has recently followed a downward course. 510 films were produced in 2021, 943, 803 and 2023 in 2021.
Thus, the film production in the US went below 20 years ago.
Spain was followed by 364 films produced in 2023 in the ranking of film production around the world and won the fifth in global film production.
PANDEM, strikes and fires hit Hollywood
While the global film industry was influenced by the Kovid-19 epidemic in 2020, the strikes of writers and unionized players began in the US.
While this was disrupted by film production, the sector was forced to determine the direction and re -achieve acceleration.
At the beginning of this year, violent forest fires in Los Angeles negatively affected the American film industry in Hollywood in Hollywood.
In addition, with different backgrounds, attractive tax incentives and low labor costs, films have become more attractive.
Global Incentive Competition in the Film Sector
According to the American Cinema Film Association (MPA) data, the cinema and television sector provided direct employment to 856 thousand people in the USA in 2023. The members of the sector, which paid 102 billion dollars to employees, purchased 21 billion dollars of service to local companies.
While the American film industry exports $ 22.6 billion in 2023, $ 15.3 billion trade surplus was achieved.
According to the TV and film view report prepared by ProdPro, there is a global competition in the film industry’s tax incentives.
Last year, the US took the first place in the production expenditures in film production with $ 14.5 billion. The US was followed by 5.9 billion dollars, Canada with $ 5.4 billion and Australia with $ 2 billion.
In the United States, states such as California, New York and Texas announced increases in tax cuts to attract more production.
The rapidly progressing in the film industry of Canada, the British Colombia region increased tax cuts to 36 percent and offered additional bonus to high -budget productions.
England has also updated tax cuts for creative sectors. The country presented incentives such as 39.75 percent tax reduction to low -budget films.
Australia, along with local incentive packages, has started to provide incentives up to 40 percent to large budget productions. While Germany required investment in local content, it has imposed a 30 percent tax incentive for film and TV productions. Hungary extended the film production incentive program for 6 years.
Trump wants to bring the film industry back to the USA
US President Donald Trump said on Sunday from Truth Social social media account, the film industry in the United States “died” very quickly, he said.
Pointing out that other countries offer all kinds of incentives to remove filmmakers and studios from the United States, Trump argued that this is a deliberate effort of other countries and therefore pose a national security threat.
US President Trump, “Therefore, the Ministry of Commerce and the US Trade Representative, all the films produced in foreign countries and come to our country I give the authority to initiate 100 percent customs duties implementation process immediately. We want the films to be made in America again.” He said.
After Trump’s sharing, US Trade Minister Howard Lutnick also quoted Trump’s statements from his social media account. “We are interested.” He said.
Trump will meet with the film industry
US President Trump said in a statement at the White House on Monday that he would come together with the film industry and that he did not want to harm them and wanted to help.
Stating that the US film industry was destroyed by other countries, Trump criticized the governor of Los Angeles, stating that “incompetence” is also effective in this.
Trump said that he would come together with the film industry and said, “I want to make sure that they are satisfied with this situation because we are all interested in employment. As you know, this is a great industry, but now it is really abandoned, where it started, and we will bring it back.” He said.
Trump’s tariff description came after a meeting with actor Jon Voight
Trump’s tariff statement, which caused controversy in the film industry, followed an American actor Jon Voight at the weekend in Mar-A-Lago.
Jon Voight, X social media account on Monday “Hollywood rescue plan” in the video shared in the video, the sector has suffered greatly in the last few years and many Americans have lost their business due to overseas production, he said.
Voight said that after his talks with industry leaders, he offered US President Trump suggestions such as some tax regulations.
It remains unclear how the tariff plan for foreign films will be implemented
It is not yet known how Trump will apply customs duties to foreign films. It leads to discussions how such a policy will work or who will be responsible for this tax.
Experts point to the complex structure of the film industry both in terms of construction and distribution, it may be difficult to apply customs duties for films.
Experts, who record that the American film industry has been damaged due to the gradual shift of filmmaking abroad, argues that tariffs may not be a suitable solution in this regard and that incentives such as tax reduction can be presented to reversed the decline in film production in the country.
