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Cash-Strapped Studios Spend Big on Oscars

Pricey ads run for contenders despite industry layoffs

By Rob Quinn,  Newser Staff

Posted Dec 20, 2008 10:00 AM CST

(Newser) – America's financial crisis hasn't stopped studios from dropping big money in their quest for Oscars, Nikki Finke writes on Deadline Hollywood Daily. Amid layoffs and cutbacks, Paramount took out 7 full-page ads for Revolutionary Road in the New York Times, and Disney spent $675,000...   Read full story »

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