Global film industry shrugs off renewed Trump movie tariff threat
Published on: Oct. 18, 2025, 3:34 p.m. | Source: Devdiscourse
"We’re not seeing anything in the data that suggests studios are opting to film more of their production in the U.S. because of concern about the tariffs," said ProdPro CEO Alexander LoVerde. The U.S. remains the industry's largest production hub, accounting for $16.6 billion in spending over the last 12 months, according to ProdPro. However, Hollywood studios and streaming services spent even more - $24.3 billion - on film and television projects produced outside the U.S. over that same period, ProdPro reported, as they took advantage of tax credits, lower labor costs and world-class soundstages.
