Monday, January 13, 2020

HOLLYWOOD ACCOUNTING how hits post losses

I've mentioned this quite a few times - and the excellent book that tracks Miramax's central role in 80s/90s cinema details many examples of this...

How film companies manage to massage expenses to claim that huge hit films actually made a loss ... thus not having to pay anything to those with 'points' (multiples of 0.25% shares) in profits.

Nice article on this: https://whatculture.com/film/11-incredibly-successful-movies-that-shockingly-made-no-profit

No comments:

Post a Comment

Please ensure your posts are appropriate in tone and content! All comments are reviewed by the blog owner before being published.