Posted AT 5:19 AM EST on 28/04/08
Debt adds drama to Alliance's summer film slate
The movie industry is less than a week away from its all-important summer blockbuster season, and what happens at the box office this year may be more crucial than ever for Canada's biggest distributor, Alliance Films.
Heading into one of the busiest and most lucrative periods for the industry, debt rating agencies have begun raising concerns about the company's financial outlook since it was taken over by Goldman Sachs Group Inc. last year.
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