thismeintiel on 06 August 2016
| fielding88 said: It's nice that some people are coming in here trying to defend the box office takes of these movies, but there is a thing called Hollywood accounting that you should probably look into. It benefits the studio in many ways to declare that a movie isn't profitable. But "profitable" isn't what you think it means. For more on Hollywood accounting, check out this article: https://www.techdirt.com/articles/20121018/01054720744/hollywood-accounting-how-19-million-movie-makes-150-million-still-isnt-profitable.shtml Also, Return of the Jedi still hasn't turned a profit: http://www.theatlantic.com/business/archive/2011/09/how-hollywood-accounting-can-make-a-450-million-movie-unprofitable/245134/ |
Except that article isn't talking about what we are talking about. We're talking about production budget plus marketing budget, which that also says are legit numbers. What that article speaks of is bogus fees added onto those budgets to ensure that if a movie actually does make a lot of money over its production and marketing budget, they don't have to pay anyone their x% of the movie's profit that's stated in their contract. Really that practice should be illegal if it isn't already.
