A project at a major studio goes into turnaround with $500,000.00 against it. What does that mean (It’s a two part question)?

1. A project at a major studio goes into turnaround with $500,000.00 against it. What does that mean (It’s a two part question)?
1. Choose two movies, THE TRUMAN SHOW and SMALL SOLDIERS, or SOMETHING ABOUT MARY and GODZILLA, or ARMAGGEDON and SAVING PRIVATE RYAN, or DEEP IMPACT and BULLWORTH, or THE MASK OF ZORRO and LETHAL WEAPON IV. Don’t give a history of the project, but keeping in mind the five essential elements a studio considers, point out

1. After 1997 and “Titanic”, movie studios reacted to the impact of huge, blockbuster movies and their risk. Name the two chief executives and decision makers for each studio in 1998 and briefly describe their reaction to the “blockbuster mentality” after “Titanic.” In other words, describe their business plan or philosophy, and how they adjusted, or didn’t adjust, to “the blockbuster mentality.”

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