Word: costly
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Winners and Losers It happens - or was it inevitable? - that the top three winners were also the year's most expensive movies, costing between $210 million and $250 million, not including the cost of bringing them to market (usually another $100 million or so). Studio moguls are always looking for ways to tamp down runaway budgets, but they may have to acknowledge that money on the screen equals money in the bank often enough to take the risk. The worldwide popularity of these über-movies also suggests that smaller pictures will have a harder time getting made. That trend...
...which were the big losers? Expensive duds are harder to calibrate; for example, a film may disappoint Stateside and be a hit abroad. Still, it's a Hollywood rule that movies with $100 million-plus budgets should at least earn as much at the domestic box office as they cost to produce. If they didn't in 2009, they made our top-of-the-flops list. The underperforming nine: Terminator Salvation, Disney's A Christmas Carol, G.I. Joe, Angels & Demons, Watchmen, The Taking of Pelham 1 2 3, Public Enemies, Land of the Lost and Where the Wild Things...
...those were the numbers. The reality of the souring fiscal climate hit especially close to home when Faculty of Arts and Sciences Dean Michael D. Smith unveiled in May a series of sweeping cost-cutting measures throughout FAS, which left few areas of student life untouched: fewer hot breakfast offerings, the closure of two campus cafes, the downgrading of three junior varsity teams to club status, and even reduced shuttle service. The cutbacks published on the FAS Web site amounted to $77 million in projected savings, or a third of the total $220 million projected annual deficit that FAS administrators...
...charcoal oven, which is used by the restaurant to cook meats and bake bread, was able to contain the fire, but the outpouring smoke rose to the ceiling and damaged it, according to Singh, who said he could not estimate the cost of the repairs. But Cambridge fire inspectors determined that the incident caused $10,000 in damage, the Cambridge Chronicle reported...
...Faculty of Arts and Sciences Information Technology's Web site listed nine "services or regions affected" by the outage, including the site that allows students to download certain software at no cost and the administration database at the Graduate School of Arts and Sciences...