Word: studioful
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Dates: during 1990-1999
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Trimming the number of films is simpler than cutting production and advertising budgets. Ironically the most aggressive trimmer has been Disney, the same company that started the more-is-better strategy a few years ago. Studio chairman Joe Roth says the company will cut its output from 35 movies a year to 18; creative types are already bracing for a Disney downsizing...
Katzenberg was part of Team Disney when the studio began to ratchet up. At the time Disney did not own a network or any other pipeline into viewers' living rooms. The company calculated that it needed to become a dominant supplier of programming so that it wouldn't be squeezed out by rivals like Fox and Time Warner, which owned cable systems or other outlets for their own movies. Once Disney stepped on the gas, some of its rivals followed suit. Soon a glut of pictures was fighting for screen space. The result: opening-weekend carnage...
...deal makes sense because Schwarzenegger's presence will boost the film's grosses, particularly overseas. Arnold is also taking "a lot less" of the film's gross profits than usual--he generally gets up to 20%--as well as a reduced share in profits from Batman-related merchandise. The studio already has $50 million in guarantees from licensees. "Arnold will make more money out of doing Eraser than he will on Batman," says Daly...
...meantime, CNN got more information faster from the Coast Guard, had telephone accounts from eyewitnesses earlier (courtesy of two of its New York TV affiliates), and brought a former National Transportation Safety Board official, Vernon Grose, into the studio for some valuable perspective. CNN showed a tape of TWA's first press conference at 11:30 p.m. EST; MSNBC didn't get to it until an hour later. Anchor Williams, meanwhile, was forced to pause at regular intervals, compose himself for the camera and start all over again--to provide updates for NBC affiliates picking up MSNBC's feed...
...relationships," she says. "I've been in the middle of a couple of marriages, so I've seen a lot about how relationships work." The newcomer hasn't given any live solo concerts in the U.S., so the jury's not in on her ability to perform outside a studio. In the meantime, though, Tidal shows that something good can come from the end of a marriage...