[–] videocodec ago
That was the past. Now Hollywood hires SJW to make the films unwatchable so they really are non-profitable.
New line "went bankrupt" 5 years after maing $6billion on lord of the rings.
When you make so much money that even holiwood accounting cant hide it all. Well then you just sell the company.
Same for star wars shit. And marvel.
When you have to sell to a bigger company to hide all the money.
[–] tidy_athiest ago
I don't get how that can be possible.
It has been mentioned that the studios make a blockbuster or two, but then have several 'duds' that fail to make money. But that isn't the issue. I don't think the government cares about whether a movie makes a huge profit or not - the movie cast and crew do.
What should happen is that the studio pays taxes on the overall profits of the studio - as all companies do - with profits and losses summed together.
What should also happen is that contractually the losses from a different movie should never engage the profits of a contracted movie. That is an illegal move, and should be investigated completely.
If someone works for me and I contract out 10% of the profits on one product, and that does very well, I can't turn around and say 'Oh, these 7 other product ideas didn't fare well, and so the company has no profit this year - you don't get your money.' As for the company, overall I would lose money, and not have to pay taxes on any profitable items seeing as the overall net is negative.
That is contract fraud. Now, I'm sure the Hollywood types are quite adept at the legal wrangling needed to rob everyone, but it should still be an issue.
[–] [deleted] ago (edited ago)
[–] whatisbestinlife [S] 0 points 3 points 3 points (+3|-0) ago
so they purposefully make enough duds to cancel it out all while paying out their workers millions of dollars. sounds like laundering to me
[–] whatisbestinlife [S] 0 points 1 point 1 point (+1|-0) ago
lets not stop this giant ball from rolling. lets push. from here. what do we say? who do we say it to?
Hard to write a definitive play-book, but as much as possible you want your money tied to things you can touch. Or, more importantly, things you can physically count. It's the same for publishing and music: there's no money in creating music, it's all in performance, so think about how can you get paid per performance vs. per creation...? (Like it used to be in the early days.) Get an agent you can trust (if there is such a thing... maybe, "mostly trust..."), tell them what you want but think long-term.
If you can manage it, it's the difference between George Lucas sitting on $5.5 billion today and Gilbert Taylor (DOP, Star Wars) having to work every day of his life.
[–] Jimmycrackerson 1 point -1 points 0 points (+0|-1) ago (edited ago)
Wow, I don't even know if the jews can surpass that level of greed displayed by hollywood.