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Recession Hits the Oscars— Sort Of

Revenue is down, parties are scaling back

By Evann Gastaldo,  Newser Staff

Posted Feb 20, 2009 10:57 AM CST

(Newser) – Even the Oscars are feeling the economic strain, People reports. Sure, there are still dozens of parties planned on the big day, but organizers are pumping up the “greenness” of the soirées and downplaying the extravagance—Vanity Fair is using decorations from past...   Read full story »

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