Managing Partner Ajay Mago featured in CNBC article about ‘Squid Game’
· 1 min read
EM³ Co-Founder Ajay Mago shares insights with CNBC on the global production boom fueled by hits like Squid Game. Read the full article for more.
EM³’s Co-founder and Managing Partner Ajay Mago was recently interviewed for an article by CNBC on the ‘Squid Game’ success and Hollywood’s trend toward international production.
Here are a few excerpts from the article:
Netflix has its biggest hit ever with “Squid Game”
Investing in local international productions also saves Hollywood studios on investing in expensive intellectual property.
Hollywood studios save millions of dollars by hiring local talent instead of Hollywood stars, collecting tax credits and rebates from hungry nations looking for bumps in tourism and recognition, and avoiding American union regulations.
Published October 16, 2021. The law may have changed since. This publication is intended for general education and informational purposes only, and should not be regarded as either legal advice or a legal opinion. You should not act upon or use this publication or any of its contents for any specific situation. Recipients are cautioned to obtain legal advice from their legal counsel with respect to any decision or course of action contemplated in a specific situation. Maxson Mago & Macaulay, LLP and its attorneys provide legal advice only after establishing an attorney-client relationship through a written attorney-client engagement agreement. This publication does not establish an attorney-client relationship with any recipient.
