On Location Video Contest lowers it's Prize package without notification!

I'm really shocked that a film festival would without any notices lower it's grand price a Production Prize Package in value of $50,000 to $8,000, and the cash price from $1,000 to $500.

The picture I'm posting is the original call for entries, we just checked again today and now on their website (http://newfilmmakersla.com/onlocation/) the grand price is much less attractive amount. The sponsors have also changed.

Is this normal?

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