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Article: What did Japan do to deserve such ingratitude? (US film companies and the Japanese market)
- Article from:
- Video Age International
- Article date:
- April 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 TV Trade Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Americans and Europeans generally look at Japan with a combination of fear, resentment and jealousy, rooted in an undefined sense of being faced by a serious economic threat.
For instance, last year alone, Japanese companies-some of them in such unrelated fields as milk processing-purchased 43 resorts in the U.S., 11 of them with golf courses attached.
The Americans who read about this, along with the numerous Japanese acquisitions of huge entertainment companies like Columbia Pictures, MCA and small companies like Fox/Lorber, react with predictable anxiety, sensing that Japan is "buying up America."
There is also a prevailing feeling that, ...