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Indie Film Studio Aims to Fill Void Left by Hollywood Pullback, Bloomberg
The New York-based company will finance and distribute 10 to 12 movies a year with budgets of $10 million or less, aiming to fill a niche represented by movies such as Fox Searchlight’s “Juno,” which was made for $7.5 million and has earned $231.4 million worldwide since its 2007 release.
http://www.bloomberg.com/apps/news?pid=20601088&sid=aUnqq4eW0z8k
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