en.wikipedia.org
We mentioned this one in the past with Music Labels. The ones that we say are done in the United States are actually owned by “Foreign Investment Companies” like Universal Music Group and MCA they are owned by Vivendi of France and TenCent of China. Its headquarters are in the Netherlands and its operations are in Nashville and Los Angeles.
French media conglomerate Vivendi announced Tuesday that it signed an agreement to sell a stake of its wholly owned Universal Music Group, the world’s largest music company, to a consortium led by Chinese tech company Tencent Holdings.
www.hollywoodreporter.com
UMG’s opening price is over a third bigger than the reference price that Vivendi confirmed yesterday of €18.50…
www.musicbusinessworldwide.com
Likewise we say Sony Music Headquarters is in Japan but their operations are in Culver City in the Los Angeles area. How do they get affected by the tariffs are yet to be seen given that we need congress and courts to respond to the proposed plans.
A world leader in creating, producing and distributing content across entertainment, drama, film and documentaries.
fremantle.com
en.wikipedia.org
A world leader in creating, producing and distributing content across entertainment, drama, film and documentaries.
fremantle.com
Consider another one Fremantle they produce TV shows here in the United States but their main headquarters is in Britain. See there are TV shows that identify themselves as American given that the shows are filmed in the US. But their owners are foreign such as American Idol, Family Feud and The Price is Right, Got Talent. Likewise Disney, Paramount, Netflix, Starz, Lionsgate, MGM and Universal can identify themselves as American film companies but some of their films are done outside of the United States for Tax Credit incentive reasons.
Yes this is like some Toyotas manufacturing operations are in the United States while their main offices are in Japan type scenario. How Tariffs affect operations that are both US and Outside the country is yet to be seen by congress.
USA TODAY analyzed National Highway Traffic Safety Administration reports to determine whether any vehicles are fully made in America.
www.usatoday.com