Disney

Hollywood also feeling the bite from Trump's China trade war

This image shows a row of  billboards in China showing movie posters with Chinese characters for American movies.
Hollywood billboards in Beijing in 2012. Photo: Olivier Chouchana/Gamma-Rapho via Getty Images

China is restricting Hollywood's access to its box office revenue as the U.S.-China trade war drags on, the Washington Post reports.

Why it matters: The Chinese market is as crucial to U.S. film studios 20th Century Fox, Paramount, Disney, Sony pictures, etc. — as it is to any other U.S. industry. China is projected to have the world's biggest moviegoing audience by 2020, according a PricewaterhouseCoopers study.

Major media companies consider boycotts over Georgia abortion ban

Abortion-rights advocates rally in front of the Georgia State Capitol in Atlanta on May 21. Photo: Tami Chappel/AFP/Getty Images

Hollywood heavyweights like Netflix, Disney, NBC and WarnerMedia are all considering film production boycotts if Georgia upholds its "fetal heartbeat" abortion ban.

Why it matters: Tax incentives for major film companies have made Georgia an East-Coast haven for major movie studios and production companies over the past decade.