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To: Zhang Fei

theynwere suposed to. fancy bookkeeping moves according to the movie company say they don’t have tob/c they didn’t make any profit. i find a hard time believing that given they’ve kept on making movies and still wsnt to make more. no movie company wants to keep making movies that don’t make a profit. it’s completely lying to the tolkien estate.


17 posted on 12/04/2014 9:10:41 AM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man
theynwere suposed to. fancy bookkeeping moves according to the movie company say they don’t have tob/c they didn’t make any profit. i find a hard time believing that given they’ve kept on making movies and still wsnt to make more. no movie company wants to keep making movies that don’t make a profit. it’s completely lying to the tolkien estate.

Gross is revenues. 1% of $3b in revenues is $30m. My guess is the estate wanted some significant % of profits, and Hollywood agreed after some hemming and hawing (while laughing up their sleeves). That turned out to be a bad idea for the estate.

25 posted on 12/04/2014 9:25:15 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Secret Agent Man
fancy bookkeeping moves according to the movie company say they don’t have tob/c they didn’t make any profit. i find a hard time believing that given they’ve kept on making movies and still wsnt to make more. no movie company wants to keep making movies that don’t make a profit.

Hollywood accounting.

The bean counters there can "prove" that no major studio film has made a profit since Gone With the Wind, and that it did not break even until 1982...

The wonder is that they can still find holders of valuable book rights who will sell for net points. Its like a land owner leasing their mineral rights for net income. Nuts.

41 posted on 12/04/2014 10:41:23 AM PST by Pilsner
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