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Coming To America was the original "wildly successful movie that made no profit" https://en.wikipedia.org/wiki/Buchwald_v._Paramount https://en.wikipedia.org/w
by listenallyall 3y ago
Coming To America was the original "wildly successful movie that made no profit"
https://en.wikipedia.org/wiki/Buchwald_v._Paramount https://en.wikipedia.org/wiki/Buchwald_v._Paramount
- monocasa 3y agoNope, goes back way farther than that. Return of the Jedi is another movie that never made a profit supposedly, despite ~$400M on a $32M budget. David Prowse, the guy who played Darth Vader in the suit, apparently pretty much never got paid for Return of the Jedi because of that.
- listenallyall 3y agoI'm aware of Prowse's claims, however, they are just that, claims, which weren't even made public until around 2009. Paramount actually demonstrated its CTA accounting practices in court in 1990, such practices were found to be "unconscionable" by a judge, and the plaintiff Art Buchwald was permitted to proceed with a tort suit. So while the practice itself obviously goes back a long way, Coming to America was the movie that revealed such practices to the general public, and even to Hollywood insiders -- thus, I'm sticking with my original statement.