Wall Street's Falling Stars Burn Hollywood

Studios scale back films, lose capital

By Ambreen Ali, Newser User

Posted Sep 18, 2008 1:40 PM CDT

(Newser) – When Steven Spielberg is feeling a budget pinch, you know the financial crisis is bad. His hunt for financing on a new studio deal gets tougher with each day of bad news from Wall Street, Time reports. With credit as tough to come by in... Read full story »

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Wall Street's Falling Stars Burn Hollywood

Studios scale back films, lose capital

Wall Street • Hollywood • Steven Spielberg • credit crisis • subprime crisis • Hollywood studios • financial crisis

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More Newser Stories

Spielberg Pays Bills for Ailing DreamWorks

Credit crunch forces director into personal bailout for studio

Bailout Needs Bigger Taxpayer Upside

Public should expect some reward for taking on Wall Street's bad debt

Financial Faith Is Crisis' Top Casualty

One year in, credit crunch has upset all expectations about modern markets

Public Silence Greets Wall St. Blunders

Small savers are suffering, but giving financiers a free ride

Lehman Posts $2.8B Loss, Stuns Wall St.

Investors fear that banks, securities firms still in trouble

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