Sponsored Content
« Drudge's Current Headline is Wrong | Main | VIDEO: Megyn Kelly Fillets Obamahack on "Redistribution of Wealth" »
October 27, 2008

Poliwood: Chetwyn and Simon on Polics and Hollywood; Vidcast One: Oliver Stone's Latest Disaster Movie

Disaster of a movie.

Pretty scary stuff. Just ask the investors.

Although I think we all know these people aren't "investors." A lot of the people fronting the money have no expectations whatsoever they'll get their money back -- they're effectively donations to the Democratic Party.

And the rest of the funding? I think just comes from a studio's funding pool. I'd like Simon and Chetwyn to clarify this, but I believe studio bombs are charged against the profits of studio hits. So a guy who invests in a money-making film must "share the wealth," as it were, and subsidize the various bombs on the studio's slate before he begins making profits on his good investment.

Not sure how they get away with that, but I believe that's the system. I know Sony avoided paying out net profits on the first Batman by claiming that every single expense they incurred on other pictures for the next ten years had to be charged against Batman's profits before Batman itself was acknowledged of having made a "net profit" at all.

Correction: JJ Sefton points out that studios are mostly involved in distribution these days.

So insert "production compay" for studio.

Whichever way you slice it, two of the producers of Batman, who pushed the project along through long years of trying to get anyone interested, were told ten years after the film had become (for a time) the highest grossing picture of all time that there were still "no net profits." The film, the Peters-Guber company claimed, was still in the red.

This is why Hollywood types laugh at the concept of "net profits" and only accept gross profits (that is, actual dollars generated, irrespective of costs and charge-offs). No films in Hollywood ever make net profits, it turns out.

digg this
posted by Ace at 06:13 PM

| Access Comments

Recent Comments
Warai-otoko : "I saw Auntie Tittybar open for Zac Brown last year ..."

olddog in mo: "Morning, 'rons and 'ettes. ..."

FenelonSpoke: "This is sort of tech story. I feel empathy for thi ..."

Bruce: ""When you're a skank You're a skank all the way, ..."

Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "[i]When you're such a skank that the dudes you ban ..."

Divide by Zero [/i]: " You need the anti-tittie bar tracking app. ..."

FenelonSpoke: "Paul McCartney is getting even with you. Posted b ..."

JT: " FenelonSpoke How did your meeting go yesterday ..."

Warai-otoko : " My phone shocked me it tracks everywhere I go. H ..."

Skip : "My phone shocked me it tracks everywhere I go. H ..."

Lost in Space: "My phone is jumping around like crazy and it says ..."

Divide by Zero [/i]: " He shoots, he scores, into his own goal! (from O ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64