Wednesday, October 7, 2009

Business Publication #3 - The Australian

http://www.theaustralian.news.com.au/business/story/0,28124,26177189-7582,00.html

In The Australian's news article, "Heads roll as Hollywood becomes land of the lost box office," the country's movie industry is not producing a profit. Movies are costing more to create and fewer and fewer people are going to see them in the theaters. Because of the loss of profit, Universal Studios and Disney have changed their executives hoping that it will help their movie market. Universal Studios is also being considered by its parent company about being sold, Comcast would be the potential buyer. With all of these changes, the movie industry is hoping to see a change in the output of what is costs to make films, and the profit they get from them.

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