*Major studios are spending more on film and television than they did 25 years ago, according to the New York Post. But a shrinking share of that money stays in the United States. Studios now put 42% of qualifying film budgets into movies shot partly or mainly in America, down from 74%. The U.S. share …

The postHollywood’s U.S. Production Share Plunges as Billions in Spending Move Abroadappeared first onEURweb | Black News, Culture, Entertainment & More.