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Steven Seagal

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It's (credit) crunch time for the film industry

Published November 20, 2008, 4:24 pm, Independent

It's a perfect storm of financial distress," Stewart Till, chairman of the UK Film Council, told an audience of film producers, lawyers and distributors. Speaking at a champagne reception in the Shutters beach front hotel during the American Film Market in Santa Monica, Till was describing the current turbulence in the international film community. Bankruptcies are being predicted. Credit has ...

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