Donald Trump has announced Mel Gibson, Jon Voight, and Sylvester Stallone as his ‘Special Ambassadors’ to revitalize Hollywood’s struggling film industry, likening it to a new Golden Age.
The U.S. film and television production has seen a 26% decline since 2021, influenced by factors like the pandemic, guild strikes, and natural disasters impacting Hollywood.
In response to the decline in production, Governor Gavin Newsom proposed increasing California's Film & Television Tax Credit program to incentivize production, boosting it from $330 million to $750 million annually.
It remains uncertain what roles Gibson, Voight, and Stallone will play in bringing production back to the U.S., highlighting a gap in clarity about the initiative.
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