... increasingproportion of budgets being allocated to high-budget films, at the expense ofmedium-budget production, with broad stability in low-budget production.However, high-budget production generated ... History Review, 63, 1 (2010)Table 3. Annual allocation to film budget categories and budget category financial performance, majors, 1988 to 1999Ye a rHigh-budget films Medium-budget films Low-budget ... production and the remainder to low-budget production (in terms of thenumber of films, about 20 per cent were high-budget, 30 per cent medium-budget,and 50 per cent low-budget). The general trend...