3 ms·
Seems like gross receipts or some sort of revenue calculation is a stronger position, but would be harder to get companies to agree to.
by tarr11 10y ago
Seems like gross receipts or some sort of revenue calculation is a stronger position, but would be harder to get companies to agree to.
- mannykannot 10y agoArt Buchwald won a ruling in 1990 that he should be paid on the gross profits of a movie. This contemporary article says that the decision was "likely to force sweeping changes in the way Hollywood negotiates its contracts and does its bookkeeping", but I imagine they just closed the "loophole" through which Buchwald won. http://www.nytimes.com/1990/12/22/movies/buchwald-gets-damages-in-film-suit.html http://www.nytimes.com/1990/12/22/movies/buchwald-gets-damag...
- toast0 10y agoApparently Art Buchwald and Paramount Pictures settled for $900M, including vacating the judgment; and a future case Batfilm Productions v Warner Brothers found that net profits terms were acceptable.