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Global Cinema Shift: Hollywood's Grip Loosens
A shift is underway in global cinema, challenging Hollywood's long-held dominance. While the international box office remains vibrant, American studios are seeing a smaller slice of the pie. Their overseas earnings dipped by 7% in 2001, halting a decade of robust growth. A primary culprit is the formidable strength of the U.S. dollar against foreign currencies. This exchange rate pressure...
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