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

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.