Netflix's Ted Sarandos says he asked Trump not to pursue movie tariffs. Here's what he proposed instead. [Business Insider]
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Netflix's co-CEO said he's asked President Donald Trump to avoid tariffs on foreign-made films and TV. Ted Sarandos said he thinks tax incentives are a better bet to boost US production. Global filmmaking has been a key differentiator for Netflix in the streaming wars. Netflix co-CEO Ted Sarandos doesn't think tariffs are the right way to boost US movie and TV production — and he thinks he's gotten through to President Donald Trump on the issue. "He has brought up tariffs for the movie and television industry many times, and I've hopefully talked to him the way out of them," Sarandos said in a new interview with POLITICO, which, alongside Business Insider, is part of the Axel Springer Global Reporters Network. Trump has been keen on using tariffs to encourage more filming in the US. In May, he announced on Truth Social a plan to impose a
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