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Hollywood Faces End of Golden Era and Cost Pressures
Hollywood executives warn the Golden Era is over as costs bite. Industry leaders urge a 20 percent cut, move shoots off sound stages, and rely on on location or tented stages. MGM may sell Culver City studio while Paramount reshuffles leadership and staffing.
MENTIONED IN THIS ARTICLE
Hollywood
Movieland
Soner
Martin
Davis
Martin Ransoheif
Someway
Ransoheff
Paramount
David M. Ju Gelson
Gulf & Western Industries
New York
Fortune
MGM
Culver City
Kirk Kerkorian
Las Vegas
Nev
The
Hollywood Reporter
Kerkorian
Stanley R. Jaffe
Paramount Pictures
Robert Evans
Richard Zanuck
20Th Century Fox