Movie Money – 3rd Edition (Updated and Expanded)
Understanding Hollywood's (Creative) Accounting Practices
- 318 pages
Published March 2020
“These authors’ knowledge of the nuances of movie and television accounting shines through the pages of this book, which is sure to become a standard reference in this field.”—Harold L. Vogel, author, Entertainment Industry Economics
The distribution of a motion picture’s “profits” is, for most filmmakers, a murky, labyrinthine domain ruled by studio/distributor accountants and lawyers.
Movie Money—a must-read for all film producers, directors, writers, and actors—unravels, demystifies, and explains the film industry’s unique, arcane, “creative” accounting practices. It examines a film’s various revenue-generating and revenue-consuming components and presents numerous film industry definitions and calculations of “gross” and “net” profits. It also provides in-depth coverage of the various aspects of profit participation—its terminology and accounting and deal practices—along with chapters on audits, claims, and negotiating tips and tricks.
The Third Edition adds a wealth of all-new material on New Media, a chapter on film distribution and production in today’s China, written by Tracy Liang (a CPA with Green Hasson Janks), as well as a thorough updating of every section of the book.