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International Insider: Election Reaction; AFM Latest; Netflix Taxes In Spotlight
Donald Trump's U.S. election win, the latest from AFM and Netflix's taxes under the spotlight feature in this week's International Insider.
Hollywood, one of the bluest parts of American (this week in every sense), had hoped for Democrat Kamala Harris to win and succeed Joe Biden in the White House, and reaction from the town has been a mix of anger, fear and disappointment over recent days. Harris was criticized by Fox News’ Dana Perino for not immediately conceding (glass houses and stones come to mind), but she ultimately gave a speech telling Democrats “not to despair” and said her party would engage in a “peaceful transfer of power” in January when Joe Biden’s term comes to an end. For example, during a TIFFCOM panel, TBS Television President Masamine Ryuho unveiled an ambitious expansion strategy, involving investment of $1B (¥160B), opening new offices in Los Angeles and Seoul and the acquisition of New York-based formats licensing group Bellon Entertainment.
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