A strong start to the year at the Chinese box office has helped spark speculation of change to the regime that controls the import of foreign movies.
The Italian government is introducing legislation to force local TV networks to air more homegrown movies via new investment and programming quotas, which could hit acquisitions of Hollywood fare.
Russia's ruling party is set to tax screenings of foreign movies and introduce exhibition quotas for locally-made films to help the country's domestic industry.
Domestic Film WEEKEND OF
PROVIDED BY: Box Office
No Good Deed
No Good Deed1Weekend:$24.5M
Dolphin Tale 2
Dolphin Tale 22Weekend:$16.6M
Guardians of the Galaxy
Guardians of the Galaxy3Weekend:$8.0M Disney
World's largest foreign market loosens quotas but investors advised to proceed with caution.
When asked about the impact of the French Revolution, China's late Premier Zhou Enlai, Mao Zedong's trusted lieutenant, allegedly replied, "It's too early to tell."
China's decision to allow more foreign films and to change the terms creates "a new ceiling" in China-Hollywood negotiations, and should encourage the industry to re-examine some of its production…
The European Commission has put off overhauling controversial broadcast quotas on U.S. films and TV programs shown in European Union countries until the end of the year.
The European Union looks set to postpone a radical overhaul of controversial quotas for Hollywood content on Euro TV stations, to appease both sides in the heated debate.