ABC, NBC Trim Production Costs

  • November 7, 2008
ABC Studios and NBCU have both instituted initiatives to trim production costs, reports Variety. ABC has asked series producers to cut 2% from their budgets. At NBC, a move is underway to cut 3% or $500 million, of its 2009 company budgets. Producers have responded in kind. At the CW, production costs for "Smallville" were trimmed by several hundred thousand dollars a segment this year.

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