American Film Institute Runs Into Trouble

“AFI’s last televised Top 100 show lost more than $1 million, and the cable ratings for its Life Achievement Award are plunging. An ambitious, encyclopedic AFI directory of American movies still has four decades of films to catalog, and government support for the project has dried up. Unlike many other leading film festivals, AFI Fest, now in its 23rd year, is not interested in an onslaught of glitzy, star-filled premieres.”