Where movies that gross 4x their budget, somehow took a loss.
Fun fact, each movie is backed not by the studio or production company. Each movie is backed by it’s own corporation.
For example: Supergirl is produced by a company called Supergirl Corporation. However Supergirl Corporation doesn’t have any money. However, the Studio and Producers have money. The Studio and Producers loan Supergirl Corporation the money to create the movie.
Factor the high concentration of corporations owning everything and charging Supergirl Corporation a ton of fees. Supergirl Corporation has gone bankrupt.
Another disturbingly fun fact. The concept of each movie being a corporation is the same concept you can find other industries. For example; Blackstone doesn’t own all those rental properties. Blackstone owns corporations that own those rental properties.
That expectation was never true for the whole Japanese economy (and referred to large corporations, not the small companies that did most of the work on contract), and is even less true now.
The whole reason the film industry is on the west coast is that they were trying to avoid paying for Edison’s patent on the motion picture camera. So, yeah, Hollywood was founded on IP violations.
Where do you think all the money for the biggest box office movies goes to? Like 3-5 people on top, then little goes to the main cast/crew, then quality fx and editing are an afterthought.
A lot of movies get their budgets from hedge funds because they aren’t generally strongly correlated with the overall market but that’s where the earnings of movies return, not the recipients of the 200M$ spent
Increasingly convinced that Hollywood is a scam. Someone is pocketing all that money
Welcome to the world of Hollywood Accounting.
Where movies that gross 4x their budget, somehow took a loss.
Fun fact, each movie is backed not by the studio or production company. Each movie is backed by it’s own corporation.
For example: Supergirl is produced by a company called Supergirl Corporation. However Supergirl Corporation doesn’t have any money. However, the Studio and Producers have money. The Studio and Producers loan Supergirl Corporation the money to create the movie.
Factor the high concentration of corporations owning everything and charging Supergirl Corporation a ton of fees. Supergirl Corporation has gone bankrupt.
Source: https://brokensecrets.com/2012/05/19/movies-are-corporations-hollywood-accounting/
Another disturbingly fun fact. The concept of each movie being a corporation is the same concept you can find other industries. For example; Blackstone doesn’t own all those rental properties. Blackstone owns corporations that own those rental properties.
I would be shocked (shocked, I say) if Hollywood wasn’t mostly a front for money laundering rings.
Always has been.
The plot for The Producers didn’t come from nowhere
The Japanese economy is artificially cheap.
And the American economy is artificially expensive
At the same time though, you can save a lot of money if you do everything in house. Especially if you have inexpensive labor.
Not really, because you have to maintain that capacity when you aren’t using it.
Idk, could be on a gig labor plan
Yes Japan with its famous expectation of lifelong corporate loyalty kept things cheap with a gig economy.
That expectation was never true for the whole Japanese economy (and referred to large corporations, not the small companies that did most of the work on contract), and is even less true now.
The whole reason the film industry is on the west coast is that they were trying to avoid paying for Edison’s patent on the motion picture camera. So, yeah, Hollywood was founded on IP violations.
Edison falsely claimed the patent.
Nah, no way. Edison was on the up and up about everything he did.
The fact we acknowledge Edison for anything other than being a piece of shit is a travesty.
I mean yeah.
Where do you think all the money for the biggest box office movies goes to? Like 3-5 people on top, then little goes to the main cast/crew, then quality fx and editing are an afterthought.
A lot of movies get their budgets from hedge funds because they aren’t generally strongly correlated with the overall market but that’s where the earnings of movies return, not the recipients of the 200M$ spent