Global recession is affecting VFX industry.
article:
Vfx cuts may affect upcoming films
Economy hits high-end visuals, studios concerned
new word for me:
tentpole
Tentpole is a production which, with heavy promotion, and probably carrying a large investment, is expected to hold up (as is the function of a tent pole) and balance out the performance of a movie studio or television network.
By the way, I was surprised knowing that Dentsu (Japanese advertising agency) announced net loss of 20 billion yen for FY08.
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