Wednesday 31 July 2013

TV News Headlines - Yahoo! News: Feds: spending on movie, TV development slows, but still on the rise

TV News Headlines - Yahoo! News
Get the latest TV news headlines from Yahoo! News. Find breaking TV news, including analysis and opinion on top TV stories, photos and more. 
Feds: spending on movie, TV development slows, but still on the rise
Jul 31st 2013, 23:02

By Ira Teinowitz LOS ANGELES (TheWrap.com) - Spending to develop movies, TV shows and "artistic originals" in the U.S. increased in the second quarter of the year -- though at a slower pace than in the first quarter, according to Gross Domestic Product numbers released by Commerce Department Wednesday. Spending grew 1.3 percent to $75.9 billion in the second quarter, as compared to the 4 percent in the previous quarter. Still, the feds said, the news wasn't entirely bad. Last year, entertainment spending dropped in the first three quarters, only turning up in the last quarter. ...

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