Word: resulted
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...result was a movie that, in box office terms, held its own with A-list Hollywood stars and directors. "Hollywood is gifted at high production quality and acting," says Alex. "But their morals and life perspectives are so different from the rest of us. New York and California seem to have one type of culture and then there's the rest of America. We're trying to make movies that speak to what we believe the American family struggles with - communication, financing, intimacy...
...trade group was shocked to see the results of a similar survey they ran three weeks later, between Sept. 26 and 29. Thity-seven percent of companies said that as a result of reduced access to short-term credit, they had cut capital spending during the previous month. Twenty-six percent had frozen or reduced hiring, and 22% had considered layoffs. Ten percent had reduced inventory, and 7% had contemplated closing stores or factories. Workers and customers of the world, those are effects you'll feel...
...unionized junior artists no longer gel with the contemporary settings of their films. These artists were more in demand when films with socialistic messages set in rural India were the norm, but now movies and TV shows are increasingly about an upwardly mobile, young and urban India. As a result, producers have been hiring college students, aspiring models or even foreigners if the production is supposedly situated abroad. Trade analyst Nahta says there is also a concerted but underhand attempt by producers to break the existing workers' union. "They say the federation bullies them and dictates terms. So they...
...workers and producers last January to raise wages 12.5%. Workers say some producers have not been paying them the stipulated rate (and some complain that they haven't been paid at all for months) and that they have resorted to a strike only after repeated warnings failed to yield results. The strikers argue there is no justifiable reason why producers should not be paying up, given the prosperity the industry is enjoying as a result of booming demand. Bollywood recorded revenues close to $1.9 billion in 2007, which are likely to rise to $3.9 billion by 2012, while advertising revenue...
...skies over southern Russia. When the U.S. stationed anti-missile radar and interceptor systems in Poland and the Czech Republic - ostensibly directed at a future Iranian threat, although the Russians believe their own missile capability is its real target - Moscow warned those countries that the move could result in their being added to the target list of Russia's missiles...