We all knew this intuitively, but now we have a major Hollywood Director coming out and confirming it:
All the big movie studios are in thrall to China. This chart is from 2015 but it shows that even five years ago, China was gaining rapidly on the US in terms of where Hollywood makes its money. I’m sure now in 2020 China is even closer to the US in terms of box office dollars:
Hollywood knows where their bread is buttered. As recently as 2007, China represented a negligible share of Hollywood’s box office dollars, and so there really wasn’t a great need to pander to China. But over the past decade, China has become Hollywood’s golden goose. And so Hollywood, like every other multinational business, has sold its soul to China.
And by the way, the major Hollywood movie studios also own cable news, meaning cable news is bowing to China as well: Disney owns ABC, Time Warner owns CNN, NBC and MSNBC are owned by Universal (which in turn is under Comcast), while CBS and Paramount are both owned by Viacom. If the movie studios are doing this, you can bet the cable news networks are doing it in their own way, too.
Fox sold its movie division (20th Century Fox) to Disney earlier this year, which in theory should mean Fox News is not as compromised as the other news channels are. But I’m sure China has its hooks in Fox in some other way.
This is what global “free trade” incentivizes: massive multinational corporations loyal to the almighty dollar rather than America. They will sell America out in a heartbeat if it means higher profits.
It’s “vulture capitalism” on a nationwide scale: megacorporations strip down and sell America’s assets to the highest international bidders.