Movie Crazy On Wall Street
Like Sandra Bullock's disaster-prone character in Speed 2, Twentieth Century Fox Film Corp. has spent the summer bouncing from one mishap to another. The studio, a unit of Rupert Murdoch's News Corp., released a pair of big-budget moneylosers in Volcano and Speed 2. To make matters worse, Titanic, with a budget approaching $300 million, has been delayed from July 2 to around Christmas. Despite the flops, there's an eerie calm on the Fox lot. "We're not pushing any alarm bells around here," says one studio exec.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.