US film studios shares slip after Trump threatens foreign movie tariffs
A day after the US president claimed Hollywood was being 'devastated' by US filmmakers shifting production overseas, Lionsgate shares fell over 5%, Netflix dropped about 2%, and Disney, Paramount and Warner Bros. Discovery also traded lower by midday.
A day after the US president claimed Hollywood was being 'devastated' by US filmmakers shifting production overseas, Lionsgate shares fell over 5%, Netflix dropped about 2%, and Disney, Paramount and Warner Bros. Discovery also traded lower by midday.
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