IsItIcim

Even the Entertainment world has not been spared by recession.Yes it is the fact. People who are dependent on the entertainment world are also facing the heat due to the economic slum.To be precise the sports world and the cine world are also battling the recession.Lets focus on the sports world first.Not even one sport has escaped the recession. Even the worlds richest sport ,soccer has not been spared.The main issue they are facing is the sponsorship. Even the most popular sporting teams have not been able to find the sponsors.One such example is that of Man utd, the worlds richest football club.Just recently they lost their shirt sponsorship, which they were getting form a popular mnc.Same goes with the other sports as well.

Then the other industry that has not been spared by the economic slow down is the celluloid or cine industry.Many Hollywood films are forced to do cost cutting on their budget , for the film. Even some of the big films have been shelved.Not just the Hollywood but the film industry around the world has been hit.One such example is the Indian film industry. Indian film industry is the industry that produces highest no of film every year,but the situation is changing now. Now this recession has become a universal villain.