Absolute Location Support Services, a company which supplied Toronto 'geography' information for film and television companies looking to this lovely city to shoot their latest productions, is closing its lending library...
http://www.thestar.com/Entertainment/article/611444
Paul Kenyon, managing director of Absolute, realized that the company cannot go on; business is very slow.
Another hammer has fallen on Toronto as a major production centre. There are too many other cities, districts, and countries out there which want a piece of the pie.
Just to illustrate how bad things have gotten for Toronto film crews, a friend of mine who was always busy as a grip, has had to go back to waiting tables. Many others have just gotten out, period.
Canadians -- and Canadian banks -- do not invest in film and television production but are leaders in Real Estate. It's much more safe. The traditional Canadian conservative nature is the real problem that will forever prevent this country from having an indigenous film industry.
It is no mystery, really. The math is simple.
1 comment:
Ouch! We just used them for a bid. So sad to hear of another closure...
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