Moviemaking is "still a very challenging business," says media analyst Richard Greenfield. "The average movie still loses money." The question is, will Indiana Jones and the Kingdom of the Crystal Skull turn out to be an average movie? In a piece calculated to make you break out the crying towels, Claudia Eller of the Los Angeles Times reports on "the new economic realities of the movie business" and how they're reflected in the deal that Paramount Pictures cut with director Steven Spielberg, star Harrison Ford, and fount of contemporary mythology George Lucas in order the get the fourth Indiana Jones picture up and running.
Read More...