Information for "Hollywood Accounting"

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Display titleHollywood Accounting
Default sort keyHollywood Accounting
Page length (in bytes)11,154
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Page ID22539
Page content languageen - English
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Page creatorprefix>Import Bot
Date of page creation21:27, 1 November 2013
Latest editorLooney Toons (talk | contribs)
Date of latest edit18:54, 28 August 2023
Total number of edits12
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Hollywood Accounting is how a production studio weasels out of paying royalties or anything else based on a percentage of profit: just over-estimate your expenses, and bingo, there is no profit, or at least a lot less of it - at least on paper, even if the gross reaches into the billions. The "expenses" are charged to a separate entity or aspect of the filmmaking process, such as marketing, even though both entities involved are owned by the same film studio. So the studio basically "charges" itself "$100 million" in expenses, pays itself, and avoids having to claim that it made any gross profits. Some really outrageous cases have led to lawsuits.
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