LAT in 90 Seconds

Honey, I Shrunk the Studio: After years of bloated celebrity paychecks and movie budgets that could feed whole nations, the studios are shocked to discover they have to slash jobs and tighten belts.

The really weird thing, though? The ripple effect the gold bust could have on a new crop of filmmakers: “The professional landscape which our graduates are entering is one in which feature films are going to play a smaller part,” says Charles Merzbacher, who heads Boston University’s Department of Film and Television.

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