AS HOLLYWOOD FLOUNDERS, MANY MOVIE THEATERS FILL SEATS WITH OLD PICTURES
President Trump’s renewed promise today to execute a 100-percent tariff on film production outside the United States is a symptom of a desperate state of affairs in the film industry. The stream of grim headlines coming out of Hollywood this year shows why. “Production in Hollywood plunges to historic lows as nearly half of US projects move abroad ,” read one headline in August from Senal News. The story reports that Hollywood production jobs are down by 92,000 from 2022. And it’s not just a question of local production. Box office receipts are suffering too. “The 2025 box office is off to a terrible start . Is the problem supply or demand?” read the LA Times on March 25. The story says the problem is supply. There are fewer movies in theaters, fewer movies being made, and fewer people attending the movies that are in theaters. But you wouldn’t know it from the crowds at screenings of classic films at the Music Box Theatre in Chicago. On August 14, I attended the third in a strin...