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Hollywood and the Financial Crisis

Started by jgmassify · 9 months ago

Questions are beginning to be raised about how the stormy financial climate will affect the film industry. ... Continue reading »

9 comments

  • bollywood is now producing movie called "Lanka" which has budget of 90 crors, looks like bollywood is not in trouble.
  • At the time of financial crises we need to come together united and try to solve the problems which are responsible for such a hazard. We need to overcome it. It is meant to bring calm to the population and markets and display government strength and stability.
  • As all the industry are interconnected in some way, Recession will be hitting all of all. Some might be hit hard and some might be hit less. Now industries need to change their strategies with cost effectiveness to get the best result with a limited budget
  • Well, that's hollywood! =)
  • that “Banks had already been pulling out of movie-studio investments ...............
  • the $700 billion bailout (which includes other legislation folded .....................
  • Yes compared to last year Hollywood is in deep trouble they are not getting so much for their work.

    Bollywood is boom now they doing pretty good at the movement.
  • Four years ago, movie companies and Wall Street banks embarked on a promising romance. Before then, the smart money on Wall Street had stayed away from Hollywood. And not without good reason — starting with William Randolph Hearst in the silent era, plenty of wealthy investors with stars in their eyes had lost big money in the high-risk business of financing single films.
  • I had been hearing about recession all over the globe, companies firing people. but I wasnt sure if this had already hit the hollywood... If this continues than I wonder how people are going to see big budget films in future. we will only have small budget films may be.

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