Word: debited
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Dates: during 1970-1970
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...mandate is to bring moviemaking into the computerized, cost-controlled business world. The newest enthusiasm in Hollywood film making, therefore, is cutting budgets and cutting losses. Some of that $100 million debit was just a realistic write-off or write-down on properties in the works or even in the can that could never net as much as originally projected. In November, the last tycoon of old Hollywood, Jack Warner, retired from the studio bearing his name. But even before his formal send-off (on Sound Stage No. 7, where the "Great Hall" set from Camelot is still unstruck...