Reasons Why Investing in Film During Wall Street Financial Crisis May Help Boost the US Economy

Reasons Why Investing in Film During Wall Street Financial Crisis May Help Boost the US Economy: "With the nation on the brink of economic collapse, Wall Street panic at an all time high, and hedge funds and financial institutions disintegrating, New York based Elliott Associates has parked an additional $1 billion into Ryan Kavanaugh’s Relativity Media which will finance a large slate of Universal Pictures’ films over the next few years.

And the question remains “why?” in today’s economic crisis as well as the recent pull out of billions of dollars in institutional capital from the studios.

No matter how bad things are in the world, people need to be entertained. And while the crowd mentality of panic in the U.S. financial markets exists, overseas, properly structured commercial films generate more revenues which add to bigger distributor buys with the Euro vs. USD."

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