WASHINGTON, March 20 -- Sen. Adam Schiff issued the following press release:
Today, U.S. Senator Adam Schiff (D-Calif.) hosted a spotlight hearing (https://www.youtube.com/watch?v=Ubgsm_HV3O8) "Lights, Camera, Competition": Promoting American Film Production to highlight the importance of bolstering American film production, and tackling the challenges facing the industry from generous tax incentives provided by other countries to the potential impacts of Paramount Skydance's proposed merger with Warner Bros. Discovery.
The spotlight hearing brought together industry workers and experts alike to draw attention to the ways in which the entertainment industry faces intense competition, along with the impact of a potential merger of two of H...