By Lauren Horwitch | The Wrap | April 22, 2009
Not even a booming box office can offset the lack of new investors, the worldwide credit crunch and a suffering DVD and foreign sales market.
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The slowdown hasn’t stopped Michigan and Louisiana from building multi-million-dollar production facilities. Producer Jimmy Lifton *announced plans last week to build a $146-million, 750,000-square foot production studio factory and village in Allen Park, Mich.
http://www.thewrap.com/article/2612
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