WITH DOLLAR UP, EUROPEAN FILM BUYERS WARY OF BUYING U.S. MOVIES
October 22, 2012 by admin · Leave a Comment
The steady rise of the dollar against the euro represents a two-edged sword for U.S. film studios, Daily Variety observed today (Monday) in a report preceding the opening of this year’s American Film Market in Santa Monica, CA on Oct. 31. With the dollar climbing 10 percent against the euro this year alone and 20 […]
HOLLYWOOD RECALCULATES VALUE OF EURO
The hammered euro is forcing Hollywood bean counters to recalculate their overseas revenues and expenditures. On the upside, the dollar now goes further to cover costs of production in European countries (as well as the U.K., where it has also gained on the British pound). On the downside, revenue from ticket sales has been affected […]
