3 ms·
As I understand it, there is a big difference between what the studios say that made and what they actually made - see "Hollywood accounting". Example: Accordi
by chrisbennet 14y ago
As I understand it, there is a big difference between what the studios say that made and what they actually made - see "Hollywood accounting".
Example: According to this, "Return of the Jedi" did not turn a profit.
http://www.techdirt.com/articles/20110912/13500315912/hollywood-accounting-darth-vader-not-getting-paid-because-return-jedi-still-isnt-profitable.shtml http://www.techdirt.com/articles/20110912/13500315912/hollyw...
- anamax 14y agoThis is actually a more general issue. Profit/loss is wrt an entity. A given entity's profit/loss says nothing about the profit/loss of related entities. For example, many "non-profits" have associated entities that are very profitable.
- gee_totes 14y agoAlso, if you're interested in "Hollywood accounting", I suggest checking out the book The Hollywood Economist[0] [0]http://www.amazon.com/The-Hollywood-Economist-Financial-Reality/dp/1933633840/ref=sr_1_1?ie=UTF8&qid=1341278717&sr=8-1&keywords=holywood+economist http://www.amazon.com/The-Hollywood-Economist-Financial-Real...
- kfk 14y agoThat is true indeed. But I think the article makes some points that give us a different picture on the profitability of the movie industry. I always thought why not many good movies are shot per year if they are so profitable, I think it's because the returns on a movie are not that great after all.