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Production plummets in L.A. in 2009
January 14, 2010 | 8:15
am
It may have been a banner year at the box office, but 2009 was a complete dud for local film and TV production.
scwalton on 16 Feb 10"The scheduling change is among the first examples of an informal new agreement U.S. theater owners are discussing with the six major Hollywood studios: The exhibitors would let the studios experiment more with DVD release dates. As a result, studios could each release one or two movies a year on DVD a month or so sooner than they usually do, according to people familiar with the matter. The seemingly minor move could portend a big shift in the movie business down the road. The nascent arrangement, which has been under discussion for several months, highlights the growing pressure on the longstanding backbone of Hollywood's business model, an elaborate system known as "release windows." By separating a movie's release in theaters from the time window of when it is released on DVD or cable TV, studios were able to maximize revenue. DVD sales, for example, didn't eat into a movie's take at the box office."
