• Detroit News , Friday, April 17, 2009 10:49 AM

Despite suffering from all the woes that other businesses are experiencing, in addition to a drop-off in DVD sales as Internet downloads increase, the movie business is making tons of money. Box-office receipts are going bonkers, film critic Tom Long reports.

"Movies are recession-proof because they are "still a comparatively inexpensive event," says Brandon Gray, chief analyst for boxofficemojo.com. But that doesn't guarantee a Hollywood ending for the industry.

DVD sales dropped more than 5% in 2008 and are continuing to fall. Other foreboding shifts include Internet piracy (such as the early release of the forthcoming "X-Men Origins: Wolverine") and the fact that superstars no long guarantee a big audience. Furthermore, money from Wall Street has dried up, as it has in other sectors.

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