With once high-flying investment firms and banks around the world now grounded, the debt market seems nonexistant, so studio and indie films companies are going to find it nearly impossible to find new financing. And, if they do, the terms will be poisonous.
There's an accurate term: poisonous.
And don't just think Hollywood. Book publishing. Music publishing. Anything that involves novelty.
Welcome to the Eat Shit Or Die America.
Oh, you thought before this it was like that?
Welcome to worse.
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