Universal Loss

5th June 2008 by Maura McHugh

According to the LA Times the recent devastating fire at Universal Studios in Hollywood has destroyed hundreds of classic 35-millimeter film prints. The original masters were safe in their vault in Philadelphia, but it takes $5,000 and several months to produce just one quality print. The studio had not yet assessed the total nature of its loss, but it’s likely to affect several upcoming screenings of classic films at museums, festivals, and theatres.

The fire also ruined 5% of Universal Music Group’s recordings: mostly big band and jazz recordings on the Decca label, and video copies of Universal movies and television shows. Universal Music Group is no longer part of the NBC, but it rents storage space from the studio.

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