3 ms·
We need to learn from Hollywood. Always get a share of the profit off the top. Any other kind of profit sharing is not worth it.
by mrcold 12y ago
We need to learn from Hollywood. Always get a share of the profit off the top. Any other kind of profit sharing is not worth it.
- akg_67 12y agoAlways get a share of the revenue. Example: Forest Gump author got zilch because his share was based on profit and not revenue
- amirmc 12y agoAnd a share of gross revenue, at that. I'm sure all these definitions are written in the studio's favour. Apparently, Stan Lee never got anything for his creations either (and Spiderman grossed $800M+). https://en.wikipedia.org/wiki/Hollywood_accounting https://en.wikipedia.org/wiki/Hollywood_accounting
- lmm 12y agoStan Lee's famous for ripping off the creators of characters in comics he published, so I wouldn't feel too sorry for him.
- jacquesm 12y ago'off the top' means revenues, not profits. Profit sharing opens you up to all kinds of creative accounting reducing the profits (or even turning them into a loss) to the point where you're not getting anything. That's why they say: "profit points are for suckers". See also: hollywood accounting.
- aboutus 12y agoStar Wars never made a profit, apparently: http://www.slashfilm.com/lucasfilm-tells-darth-vader-that-return-of-the-jedi-hasnt-made-a-profit/ http://www.slashfilm.com/lucasfilm-tells-darth-vader-that-re...