The Magic of Hollywood Accounting
August 17th, 2010
I’ve heard that you should never strike a deal to get part of the net proceeds of a movie because most films never make a profit (always ask for a percentage of the gross). Now I finally understand why that’s the case. The linked article explains how Harry Potter and the Order of the Phoenix grossed $938 million yet still had a $167 million “loss”.
Link: http://www.techdirt.com/…
(via Slashdot)
