Home > slashdot > Hollywood Accounting — How Harry Potter Loses Money

Hollywood Accounting — How Harry Potter Loses Money

July 9th, 2010 07:43 admin Leave a comment Go to comments

An anonymous reader writes “Techdirt has the details on how it was possible for the last Harry Potter movie to lose $167 million while taking in nearly $1 billion in revenue. If you ever wanted to see ‘Hollywood Accounting’ in action, take a look. The article also notes two recent court decisions that may raise questions about Hollywood’s ability to continue with these kinds of tricks. For example, the producers of ‘Who Wants To Be A Millionaire’ now have to pay $270 million for its attempt to get around paying a partner through similar tricks.”

Source: Hollywood Accounting — How Harry Potter Loses Money

Related Articles:

  1. RIAA Accounting — How Labels Avoid Paying Musicians
  2. Harry Potter Blamed For India’s Disappearing Owls
  3. What Book Publishers Should Learn From Harry Potter
  4. With Pottermore, J.K. Rowling Gives Harry Potter The (Very Lucrative) Elixir of Life
  5. Kindle 3 Beats Harry Potter Book As Bestselling Product In Amazon’s History
blog comments powered by Disqus
YOYOYOOYOYOYO