Noobink: TIL Harry Potter and the Order of the Phoenix, recorded a $167 million loss *on paper* because of "Hollywood Accounting". Warner Brothers effectively made sure that the movie lost money by paying itself a $212 million "distribution fee" off the top.

TIL Harry Potter and the Order of the Phoenix, recorded a $167 million loss on paper because of "Hollywood Accounting". Warner Brothers effectively made sure that the movie lost money by paying itself a $212 million "distribution fee" off the top.

https://www.techdirt.com/articles/20100708/02510310122.shtml

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)