Hundreds of Millions Going Into 40 New Films!
The studio’s are finally getting ready to ramp up production on movies once again!
After mostly sitting on the sidelines since the June 30 expiration of the SAG contract, studios are preparing to put 40 or more films into production between spring and summer.
Hundreds of millions of dollars in production financing will be committed to fill slates for 2010 and 2011, signaling the end of the de facto thesp strike that has kept pic production at a low ebb for nearly a year.
With a handful of exceptions, the majors mostly stopped greenlighting films in October 2007, which led to a large number of productions that wrapped before June 30.
Studios are ready to replicate that pre-strike rush by creating the same kind of boom market for production starting early next year.
So now we just have to hope SAG doesn’t go on strike.
Source: Variety
POSTED BY: Nick Wolfwood
Related Posts
DROP A COMMENT BELOW
