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In Hollywood, if your contract stipulates profit sharing, expect to get nothing. Hollywood accounting makes sure no profits are made within the company you have
by delinka 10y ago
In Hollywood, if your contract stipulates profit sharing, expect to get nothing. Hollywood accounting makes sure no profits are made within the company you have a contract with. You need to get paid up front, or based on gross revenue.
- dboreham 10y agoNot just Hollywood. Any time someone offers to give you some proportion of "profits", in any industry, say no.
- brianwawok 10y agoWell treat it like stock options. Assume value is 0 and eval the deal. If the deal is otherwise good go for it. If you need an expected value to make the deal good, don't do it.
- Pica_soO 10y agoDemand a revenue share.
- defen 10y ago> Hollywood accounting makes sure no profits are made within the company you have a contract with. A phrase I've heard to explain this is "Every time a building burns down in Tunisia, it gets charged against Star Wars" The guy who played Darth Vader in the original trilogy has never received any royalties, because those films never made a profit.