Hollywood

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.

Old politicians flock to new film media

Illustration: Aïda Amer/Axios

Politicians are racing to produce films as an outlet to extend their influence after their Washington careers expire.

Why it matters: It used to be that high-powered politicos would look to establish themselves on cable TV or in the nonprofit world after leaving office. But as young consumers spend more time watching video online via apps like Netflix, politicians are seizing on the power of streaming video to influence the next generation.