Local time on April 10, the stock prices of several American film companies plummeted. The stock price of Walt Disney fell by 6.79%, and Warner Bros. Discovery's stock price fell by 12.53% that day.

△ Warner Bros. Discovery

It is reported that Disney's "Inside Out 2" is the highest-grossing film globally in 2024, with global box office revenue of approximately $1.7 billion, including about $653 million from the U.S. domestic market and $47.4 million from China. Warner Bros.' "Dune Part Two" ranks seventh in global box office revenue in 2024, earning $714.6 million, including $282.1 million from the U.S. domestic market and $49 million from China.

Fall in stock prices of major American film companies

As of the closing on April 10, the stock performance of major American film companies was as follows:

  • Walt Disney Company: closed at $85.23, down $6.21, a decrease of 6.79%.
  • Comcast Corporation: closed at $33.68, down $1.50, a decrease of 4.26%.
  • Sony Group Corporation: closed at $22.92, down $0.05, a decrease of 0.22%.
  • Paramount Global: closed at $10.92, down $0.22, a decrease of 1.97%.
  • Netflix Inc.: closed at $921.17, down $24.30, a decrease of 2.57%.
  • AMC Entertainment Holdings Inc.: closed at $2.92, up $0.03, an increase of 1.04%.

Press release from the National Film Bureau on responding to the U.S. tariff escalation against China

The spokesperson for China's National Film Bureau stated on the 10th that the U.S. government's wrongful act of imposing excessive tariffs on China will inevitably further reduce the goodwill of domestic audiences towards American films. We will follow market rules, respect audience choices, and moderately reduce the number of American films imported. China is the world's second-largest film market, and we have always adhered to high-level openness, introducing excellent films from more countries around the world to meet market demands. (Reporter Liu Xiaoqian from CCTV)

Source: CCTV News Client

Original article: https://www.toutiao.com/article/7491871047680918027/

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