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To: fella
Hollyweird is one of the homes of creative bookkeeping.

Never take a share of the profits in a Hollywood contract.

Even if this company went bankrupt, check to see if a company it contracted with is hugely profitable. For example, did this company spend a huge amount of money on computer equipment leases or office rental and the equipment lessor or office landlords just happen to be owned by many of the same people.

5 posted on 03/16/2014 10:19:39 AM PDT by KarlInOhio (Republican amnesty supporters don't care whether their own homes are called mansions or haciendas.)
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To: KarlInOhio

“Never take a share of the profits in a Hollywood contract. “

I have read that they and record companies have an infinite number of lawyers and accountants with ingenious methods to hide profits that have worked very well for the last 90 years. It’s probably the dirtiest industry on the planet.

On the bankruptcy issue, I have read that these FX companies have been “race to the bottoming” each other, and they all lost.


6 posted on 03/16/2014 10:35:23 AM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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