Tag: Hollywood

News

Warner Bros Discovery eyes possible company split

Warner Bros Discovery is reportedly exploring a potential breakup of its business, according to a CNBC report on Thursday. The move comes as traditional cable TV continues to decline and media giants shift focus toward streaming and film studio operations. Shares of WBD climbed nearly 4% following the report, reversing a drop of almost 6% […]

Business

Hollywood stocks tumble after Trump suggests 100% tariff on foreign films

Investors in major Hollywood studios and streaming platforms were rattled on Monday after President Donald Trump suggested a 100% tariff on foreign-made films. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery fell ahead of the opening bell, with Comcast-owned Universal also trading slightly down, according to CNBC. Here’s how media stocks took a hit […]

Trump signs executive order establishing US Bitcoin reserve
News

Trump slaps 100% tariff on foreign films to revive Hollywood 

In a bold and controversial move, United States President Donald Trump has announced a 100% tariff on all foreign-produced films, citing a need to protect and rejuvenate the struggling American film industry. The declaration, made Sunday via Trump’s Truth Social platform, authorizes the Department of Commerce and the U.S. Trade Representative to immediately begin implementing […]

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