Archive for November 9, 2008

American Film Market Sees Downturn

We know, we’re all getting tired off the stream of bad economic news. But we can’t seem to escape it any more than the rest of the economy.

But Variety’s report on the American Film Market in Santa Monica this past week isn’t giving us much to smile about. The key for most us us is the prediction heard here too that the number of features produced is going to be down.

Too many films and not enough demand is the quote we took away from the story. That, and both ticket buyers and distributors becoming more selective. Net-net: not so good.

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