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FUTURE MAY BRING FEWER FILMS, GIANT STUDIOS

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There will be fewer films and more domination by giant studios in the future, a major movie industry analyst predicts.

The forecast comes from Jeffrey Logsdon, a partner in the Crowell, Weedon investment firm. Logsdon notes that studios are pouring big bucks into a few films and guesses they'll be unwilling to invest in as many as in the past."We had too many films chasing too few screens in the mid- and late-1980s," Logsdon told a group of studio executives. "We're not going to see that in the 1990s. Too many screens will be chasing too few films."

- Meanwhile, home video revenues are going through the roof. The A.C. Nielsen rating firm estimates the total retail take from tapes at $7.5 billion for 1989, not counting blanks.

Movie sales account for $3.3 billion of the total, while rentals bagged $4.2 billion. Rental revenue hasn't risen over the past year, but sales are up about 15 percent, Nielsen reports.

Expected big holiday sellers include three blockbuster stocking-stuffers priced below $26 each: "Bambi" and "Who Framed Roger Rabbit?" from Disney and "Batman" from Warner Bros. (See related story on C13.)