Paramount Deal and U.S. Film Incentive Reflect Hollywood’s Deepening Ties to Government

By Gene Maddaus

Gene Maddaus

Senior Media Writer

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Last week, politicians decided they could not let Hollywood slip away.

First, California Gov. Gavin Newsom pushed for a resolution of the Paramount antitrust case out of fear that the studio would leave the state. And in Congress, Republicans and Democrats joined to introduce a U.S. film incentive, recognizing they are at risk of losing a critical industry to foreign competition.

In short, it was the week that Hollywood became too big to fail.

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