Movie Money, 3rd Edition (Updated and Expanded): Understanding Hollywood's (Creative) Accounting Practices (Updated and Expanded)

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.