The Democratic rout in the midterms was a referendum on President Trump, prices and the war in Iran. But it will have impacts that go well beyond the determinative issues — touching topics of key interest to Hollywood studios, broadcasters and their teams of government relations professionals.
\n\nHere’s a quick rundown of some of the key open questions as Washington adjusts to a new, blue reality for the final two years of Trump.
\n\nHollywood’s top legislative priority is to pass a federal tax incentive by the end of the year. The bill is bipartisan — uniting Trump and Adam Schiff — so in theory, a looming change of party control shouldn’t affect it.
\n\nBut any disruption — and the election was a massive disruption — probably doesn’t help build momentum. It also doesn’t help that Trump seems to be wavering, telling a rally last Friday that people in Hollywood are “all calling me kissing my ass” for tax credits. “I’ll probably do it. Should I do it?” he asked the crowd, which booed. “We’ll have to think about it.”
\n\nThe industry is putting stock in that “I’ll probably do it,” but it wouldn’t be the first time Trump had let…
Original source: https://variety.com/v/tv/