Hollywood's Capitol Crusade: What's at Stake in the Tax Credit Battle The recent influx of Hollywood bigwigs to Washington D. C. has sparked a heated debate about the merits of a federal film and television tax credit.
Netflix CEO Ted Sarandos and NBCUniversal Entertainment chairman Donna Langley are among those lobbying lawmakers on Capitol Hill.
For years, the film industry has faced an existential crisis, with production costs skyrocketing and profits dwindling.