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ON THE RECORD

“I have elected to spend the last year and a half working diligently with my lenders, restructuring, staying alive for another day so that I can pay every dime back if I can.”

--Developer Bill L. Walters, to a congressional committee member who asked what obligation he felt to try to make good on the nearly $96 million in loans on which he defaulted.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

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