President-elect Donald Trump has named Jon Voight, Mel Gibson and Sylvester Stallone as Hollywood's "special ambassadors," with the aim of boosting domestic production of film and TV shows as the entertainment industry increasingly opts to shoot in other countries.
"They will serve as Special Envoys to me for the purpose of bringing Hollywood, which has lost much business over the last four years to Foreign Countries, BACK-BIGGER, BETTER, AND STRONGER THAN EVER BEFORE!" Trump wrote on Thursday in a Truth Social post. "These three very talented people will be my eyes and ears, and I will get done what they suggest. It will again be, like The United States of America itself, The Golden Age of Hollywood!"
The message signals that Trump may intervene in the flight of production away from the country and to other locations with more generous tax incentives for film and TV shows. Other countries, including the U.K., Canada and Australia, have steadily been beefing up their programs aimed at luring Hollywood productions.
One solution could be a federal production tax incentive, which several industry trade groups have been lobbying for in recent years.
More to come.
2025-01-16T19:36:02Z