Time's Logic Is A Little Flawed

Time Magazine weighed in this week with its own navel-gazing rumination about “How Will Recession Affect the Entertainment Biz?”

The problem is: they just don’t get it. Not that we ever deny Time’s opinion, as off-base as it ever is.

Time writer Rebecca Winters Keegan points to elements that were in the works for the last year, not the last month with this economic downturn.

She says Universal Studios is slashing $500 million in this year’s budget. Yes, they are, but THEY DECIDED THAT MONTHS AGO.

Same

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