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Hit theatrical films are being resurrected as television projects by networks and program suppliers looking for ways to reduce their soaring production costs. Variety reports that as many as 20 television series based on or derived from recent theatrical releases are being aired on the TV syndication market or being developed for future broadcasts by the TV networks. Among them: “Peggy Sue Got Married” and “Down and Out in Beverly Hills.” Both are expected for the 1987-88 prime-time season.
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