{"id":12352,"date":"2009-10-06T07:10:18","date_gmt":"2009-10-06T11:10:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12352"},"modified":"2009-10-06T07:10:18","modified_gmt":"2009-10-06T11:10:18","slug":"hollywood-studios-in-midst-of-their-own-horror-show","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/hollywood-studios-in-midst-of-their-own-horror-show.html","title":{"rendered":"Hollywood studios in midst of their own horror show"},"content":{"rendered":"<p>Los Angeles Times &#8211; In the decade&#8217;s early years, high-net worth individuals and cash-flush hedge funds poured billions into Hollywood, backing independent productions and co-financing big-budget popcorn movies. But as those investors lost fortunes in the markets (and, too often, on dead-on-arrival movies), they pulled back on their show business speculating, forcing the studios to put more of their own money at risk &#8212; like homeowners undone by their mortgages.<\/p>\n<p>&#8220;It does something radical to an industry when $12 billion to $14 billion suddenly goes away,&#8221; said Gill. &#8220;That places an enormous strain on the system. And nothing is replacing it. It used to be &#8216;let&#8217;s get the Germans&#8217; and then the Germans went away, so it was &#8216;let&#8217;s get the Japanese&#8217; or &#8216;let&#8217;s get the insurance companies.&#8217; There was always going to be somebody else. Now it looks like it&#8217;s not going to be someone else.&#8221;<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.latimes.com\/entertainment\/news\/la-et-moviebiz6-2009oct06,0,702751.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Los Angeles Times &#8211; In the decade&#8217;s early years, high-net worth individuals and cash-flush hedge funds poured billions into Hollywood, backing independent productions and co-financing big-budget popcorn movies. But as those investors lost fortunes in the markets (and, too often, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11708,2326,15924,4504],"class_list":["post-12352","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-funds","tag-high-net-worth-individuals","tag-independent-productions","tag-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12352"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12352\/revisions"}],"predecessor-version":[{"id":12353,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12352\/revisions\/12353"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}