Overview

• Mel Gibson, appointed by President Trump as a Hollywood envoy, and Italian producer Andrea Iervolino unveiled a U.S.-Italy co-production treaty proposal on May 13, 2025.
• The treaty seeks to incentivize Italian filmmakers to produce in the U.S., involving American stars, while the Italian government would support cultural exchange programs.
• The agreement is projected to generate up to $10 billion annually in direct U.S. investments, boosting local production and fostering international collaboration.
• The proposal is positioned as a pilot model for future bilateral film treaties between the U.S. and other nations, addressing gaps in global film diplomacy.
• The goal is to finalize and sign the treaty at the 2025 Venice Film Festival, involving key representatives from both industries and governments.