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  • Additional Information
    • Subject Terms:
      BUDGET cuts; FINANCIAL crises; MOTION picture industry; MOTION picture premieres; NBC Universal Inc.
    • Subject Terms:
      UNITED States
    • Abstract:
      The article reports that the U.S. financial crisis is affecting the motion picture industry, bringing on layoffs and budget cuts. Film companies such as Lionsgate Inc., Disney ABC Television Group, and NBC Universal Inc. have reacted with cutbacks on dining, travel, and entertainment expenses. Sony Pictures Entertainment Inc. has cut back on magazine subscriptions for executives, and many companies are reducing the number of large film premieres followed by expensive after-parties.