Word: budgeter
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...Funny People's subpar returns dealt another body blow to its distributor, Universal Pictures. Big releases like Land of the Lost, Brüno, Duplicity and State of Play have all underperformed this year. Public Enemies has done O.K., but with its $100 million budget, the Johnny Depp crime melodrama hasn't come close to making back its costs after five weeks in North American theaters, and it's all but comatose abroad. The studio's one ginormous 2009 hit is Fast & Furious, which has earned nearly $350 million worldwide on an $85 million budget. Except for the Vin Diesel...
...California At Long Last, a Budget Deal Weeks of deadlocked negotiations came to an end on July 20 when California Governor Arnold Schwarzenegger and legislators announced they had reached an agreement to close the state's $26.3 billion budget shortfall. The deal employs a combination of shifted funds, massive borrowing and more than $15.5 billion worth of cuts to major government programs. Comparing the budget sessions to a "suspense movie," Schwarzenegger thwarted a request by state Democrats to raise taxes and said the $12.9 billion hike in February was enough. Having issued some $680 million in IOUs and put nearly...
California's estimated budget cuts...
...summit of 4,344-ft. Mount St. Helena near Calistoga, Calif., is known as "the stairway to heaven" for its panoramic views of the Napa and Sonoma valleys. These views, however, soon may be off-limits to visitors - the latest victim of the Golden State's staggering budget crisis. The trail sits within Robert Louis Stevenson State Park, one of up to 100 state parks in California that might be closed by Labor Day to help eliminate a budget gap of $26 billion. While the Department of Parks and Recreation isn't releasing a list of potential sites...
...news from Sacramento could be a lot worse: Governor Arnold Schwarzenegger's original proposal was to cut $70 million from the parks-and-recreation budget, which would have shuttered 220 of 279 state parks. That outcome was averted by a last-minute legislative agreement in late July that leaves the parks people needing to cut just $16.6 million. "The situation is still very serious," says Ruth Coleman, the state's director of parks. "We're charged with protecting these natural treasures and making them available to the public, but for the first time ever, we simply don't know...