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In case you were wondering after reading the original article how they can generate losses on profitable movies, this article explains how Hollywood accounting
by jfim 10y ago
In case you were wondering after reading the original article how they can generate losses on profitable movies, this article explains how Hollywood accounting actually works:
https://www.theatlantic.com/business/archive/2011/09/how-hollywood-accounting-can-make-a-450-million-movie-unprofitable/245134/ https://www.theatlantic.com/business/archive/2011/09/how-hol...
- adolph 10y agoSee also double-Irish used in other industries to protect profits. https://en.m.wikipedia.org/wiki/Double_Irish_arrangement https://en.m.wikipedia.org/wiki/Double_Irish_arrangement