Prayer in Detroit, Financial trouble in 3-D
Good day for Motown gospel, Bad day for red and blue lens crafters
GOOD DAY FOR: Motown gospel, after one of Detroit’s largest churches parked SUVs on its altar as part of a prayer for divine intercession as Congress weighs a bailout for the U.S. auto industry. Each one of the Big Three automakers donated one of the hybrid SUVs. Rev. Charles Ellis told his congregants at Greater Grace Temple that he would fast and pray until Congress approved the bailout, and urged them to do the same. (Reuters)
BAD DAY FOR: Red and blue lens crafters, as the tight credit market is threatening to derail theaters’ planned digital conversions that are needed to show more than a dozen 3-D movies set for release next year. That could be especially bad for DreamWorks Animation, whose only release for next year, “Monsters vs. Aliens,” is in 3-D. Disney has five 3-D releases set. (Bloomberg)
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