Film. (Barely Making the Grade).Year in Review: Despite a record box office that surpassed $8 billion in domestic ticket sales, 2001 was no picnic...No less than 10 major film exhibition companies were mired mire n. 1. An area of wet, soggy, muddy ground; a bog. 2. Deep slimy soil or mud. 3. A disadvantageous or difficult condition or situation: the mire of poverty. v. in bankruptcy proceedings bankruptcy proceedings n. the bankruptcy procedure is: a) filing a petition (voluntary or involuntary) to declare a debtor person or business bankrupt, or, under Chapter 11 or 13, to allow reorganization or refinancing under a plan to meet the debts of the party in 2001... The sluggish economy Sluggish Economy A state in the economy in which the growth is slow, flat or declining. The term can refer to the economy as a whole or a component of the economy, such as weak housing starts. took its toll and studios got out of sync Out of Sync: A Memoir is the upcoming autobiography of American pop singer Lance Bass, set to be published on October 23, 2007. It features an introduction by Marc Eliot, a New York Times from a production speedup (and subsequent slow-down) resulting from strike threats by actors and writers that never materialized... After Sept. 11, Bush Administration looked to Hollywood to cook up bizarre disaster scenarios; otherwise terror attacks were but a blip on the radar screen in the movie business. Players to Watch: Disney and its myriad film arms will try to prop up struggling theme and television divisions to help company rebound from a year in which it's stock lost a third of its value... Local companies on the move include Bill Mechanic's Pandemonium Pandemonium Milton’s capital of the devils. [Br. Lit.: Paradise Lost] See : Confusion Pandemonium chief city of Hell. [Br. Lit.: Paradise Lost] See : Hell and Spyglass Entertainment, both set to produce multiple high-profile films in 2002...Look for independent Artisan to seek an entrenched en·trench also in·trench v. en·trenched, en·trench·ing, en·trench·es v.tr. 1. To provide with a trench, especially for the purpose of fortifying or defending. 2. partner. And of course, there's Barry Duller, who will oversee all of Universal's operations -- though he insists that his role will be more strategic than operational. BUZZ for 2002: Biggest problem for film-makers in 2002 could be securing financing from banks that have been burned too often in recent years... Studios will try to contain the spiraling cost of marketing movies. More than usual, the emphasis will be on cost-cutting and risk-averse financing... Expect a partial rebound in the exhibition industry, where a wave of consolidation and two years of eliminating troubled venues should begin paying dividends... Runaway production  An editor has expressed concern that this article or section is .Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and continues to get more attention, but significant government intervention in the form of tax credits seems unlikely and countervailing tariffs against Canada are unrealistic. A number of high profile sequels ("Harry Potter and the Chamber of Secrets," "Star Wars Episode II: Attack of the Clones," and Men in Black 2") bodes well for another record year of domestic box office receipts. Job cuts of 2001 not expected to be repeated in 2002. Don't hold your breath waiting for wide-spread utilization of digital projection and distribution in theaters this year. But count on DVDs taking up more shelf space at your local video store as studios make more of their libraries available in popular, consumer-friendly digital format. Grade: B |
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