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The Cautiously Conservative Cost of Film-Making In the Recession…

When it first became clear that we were in for a long recession, there was a lot of fear about what that would mean for cinema. With less money to go around, and the ever-present fear of financial disappoint, a lot of people speculated that it would lead to a serious downturn in the production and distribution of “indie” movies by the major studios, a concern validated by the closing of various speciality divisions within major studios. While it has undoubtedly gotten significantly harder to produce and sell independent film, one look at last year’s Best Picture nominees suggest that these little gems are doing relatively okay – with films as provocative as Black Swan, as alternative as The Kids Are All Right and as gritty as Winter’s Bone all making the cut. Still, if the indie apocalypse that was foretold hasn’t come to pass, I do have to wonder what the cinematic cost of the current economic climate might be.

Hollywood's taken the occasional slap on the wrist over the past few years...

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