HSX Forum
Movies
DL: Bohemian Rhapsody screenwriter Anthony McCarten sues for his 5%. Hollywood accounting has $911M grosser in the red to $51M.
Antibody
Nov 17, 20:16
could be right but 5% of ‘Net Proceeds.’ means after film rental, after distribution fees and after all costs (including an awards campaign)
Moviesnob
Nov 17, 20:20
Another Dummy falls for the Stroke-The-Weasel Option, 50% of Net Proceeds almost always being 100% of SFA (S=SWEET, A=ALL).
{nm}
Captain Obvious
Nov 17, 21:02
"Net Points" = monkey points (but only in the sense that everyone knows the accounting system is a fraud on the payees going in)
cake boss!
Nov 17, 21:10
not always, but once an awards campaign is involved, everything gets buried in there
Moviesnob
Nov 17, 21:14
I think I'd make my contract for "gross receipts" and not "Net"... :-)
{nm}
Flash
Nov 18, 08:35