The stock price of American film companies has fallen again, and Hollywood is starting to pay for U.S. tariffs

On the 16th Eastern Time, the stock prices of well-known American film companies such as Warner Bros. Discovery, Walt Disney, and Paramount Global, which have been at low levels, plummeted again. Since the Chinese National Film Administration stated that it would "moderately reduce the number of American film imports," the stock prices of American film companies have continued to decline. What worries the American film industry goes beyond stock prices; it is the future. Currently, the relevant industries in the U.S. need to understand: 1. The Chinese market is a future that Hollywood cannot find in any other single market globally. For the American film industry, losing the Chinese market means losing the future. 2. The core profit point of the American cultural industry lies in intellectual property and brand value. For other industries that rely on American IP and brand premiums, losing the Chinese market also means losing the future