Entertainment Law Resources Blog - Untitled Article

Entertainment Law Resources Blog

million collected over five days from 935 spots), which Sony described as “the biggest opening ever for an original, non-sequel film from Hollywood.” It was a terrible deal for the filmmaker. While creative accounting complaints are common, many films are not profitable by any measure, so the profit particip­ant will not bother to audit the books. A deal memo addresses the major issues without spelling out the details.

Entertainment Law Resources Blog - Untitled Article

Entertainment Law Resources Blog

million collected over five days from 935 spots), which Sony described as “the biggest opening ever for an original, non-sequel film from Hollywood.” It was a terrible deal for the filmmaker. While creative accounting complaints are common, many films are not profitable by any measure, so the profit particip­ant will not bother to audit the books. A deal memo addresses the major issues without spelling out the details.

Frequently Asked Questions: General Questions

Entertainment Law Resources Blog

Second, you should always insist on a written contract or deal memo covering the essential terms of the deal. Even though this person knows that my foster mother wrote the song (the "friend" admitted it), they say my foster mother cannot receive any of the royalties because her name was not on the original manuscript. Answer: No one sets a standard as to what a net profit definition should be, although many of the major studios have similar definitions.