‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.
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This report was compiled by Times staff writer Donna K.H. Walters
MOVIES: A robust overseas market, generating twice the revenue of domestic box-office for some hit movies, will play a starring role in what should be a good year for the film industry. Hollywood will continue to learn tough lessons in taming big budgets.
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