Thanks to playdoc for the heads up.
Movies are fast becoming the ugly stepchild for major media companies, while television continues to be the cash cow that drives profits.
That’s the message that emerges from an analysis conducted by TheWrap of the annual reports of five major media companies in 2011. And it's a dramatic change from the way things used to be, when movies were the straw that stirred Hollywood's drink.
Source: Full Article @ TheWrap
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