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Hollywood does not report profits on many of their films. http://en.wikipedia.org/wiki/Hollywood_accounting http://en.wikipedia.org/wiki/Hollywood_accounting
by ChrisNorstrom 15y ago
Hollywood does not report profits on many of their films.
http://en.wikipedia.org/wiki/Hollywood_accounting http://en.wikipedia.org/wiki/Hollywood_accounting
http://www.dailyfinance.com/2010/07/08/hollywood-applies-creative-accounting-to-harry-potter-movie/ http://www.dailyfinance.com/2010/07/08/hollywood-applies-cre...
Google around and you'll find tons of articles on famous successful films that "never turned a profit".
Star Wars, Harry Potter, Lord of the Rings do this as well. They use VERY creative accounting to mark up overhead costs and hide profits.
- jedbrown 15y agoLook at revenue, not profit. The economy doesn't care how much the company profits, it cares how much the company is spending (on employees and other services).