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Entertainment & Sports

Dec. 29, 2009

Film Money To Remain Dry

First, the bad news - securing money to make films next year will probably be almost as hard as it was in 2009. Unfortunately, that's also the good news.

By Jean-Luc Renault

Daily Journal Staff Writer

LOS ANGELES - First, the bad news: securing money to make films next year will probably be almost as hard as it was in 2009.

Unfortunately, that's also the good news.

Film-finance lawyers blame the collapse of the credit markets as the one of the main reasons why 2009 was such a difficult time to find money to make, distribute and advertise movies.

...

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