Chris Fenton: ‘We’re Compromising American Values, Principles, National Security Interest’ to Get Access to China

‘It’s too big of a market to give up’

RUSH EXCERPT:

FENTON: “It’s an interesting one. If you look at the potential of the market for Hollywood or any business, it’s vast potential. If you look at just the movie business itself, in 2009 there were only 5,000 movie screens. You cut to today there are over 70,000. Next year, almost no matter what, the market is going to be the largest in the world and it will come to be so for a long, long time. So the prize to get in that market is massive. If you extrapolate that to the other sort of businesses you can see why the American businesses do have a dilemma that is especially part of the wokeness that has occurred in the last six months which is jeez, we are compromising American values, principles, national security interest. Potential I.P. In order to get the access to that the market. Now that we are cognizant of it, now that we are self-aware of it, what do we do now? We don’t want to just give it up. It’s too big of a market to give up. The shareholders are pressuring us to make money.”

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