Goodbye Salter Street

Posted on December 16, 2003
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Alliance Atlantis is closing one of the finest television productions studios in the world:

Alliance Atlantis (TSX:ACC.b) has announced that its Academy Award-winning Salter Street Films division has laid off its last employee and is about to close.

The Halifax-based company produced This Hour Has 22 Minutes and earlier this year won an Oscar for co-producing the Michael Moore documentaryBowling for Columbine.

Last week, Alliance Atlantis announced a series of cuts due to a “permanent downturn” in demand for film and television programming. - CBC

Dear Alliance Atlantis: You’re the company who’s distributing The Return of the King. The profits from that alone could fund Salter Street - rethink this decision.

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