It's not all gloom and doom. Paramount/Viacom had a banner year, no small thanks to Toonland:
... Nearly 70% of Par's overseas grosses came from distributing "Indiana Jones and the Kingdom of the Crystal Skull" ($469 million), "Kung Fu Panda" ($416 million), "Madagascar: Escape 2 Africa" ($283 million as of Sunday) and Marvel's "Iron Man" ...
As Mr. McNary says, Paramount was the only distributor to leap the two billion dollar barrier.
The returns on U.S.-produced cartoon features continues to be strong, so unless money totally freezes up and we're all plunged back into the Middle Ages, U.S.-based theatrical animation will continue.
Run down to your local church and light a candle for Up and Monsters Vs. Aliens. God will thank you for it. So too will the animation community.