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To: Pyro7480

Tolkein estate, meet Hollywood accounting.


6 posted on 02/11/2008 5:54:04 PM PST by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: Bubba Ho-Tep

The only thing in this world more mythical than hobbits are residuals in Hollywood.


22 posted on 02/11/2008 6:25:38 PM PST by MediaMole
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To: Bubba Ho-Tep
yep... New Line probably used the tired line that they'd pay royalties only on NET profits... therefore New Line would claim that there was no net profit after paying actors, production crews, marketing, etc.

Hopefully the Tolkien estate has it in writing that royalties were to be paid on GROSS profits (or some such).

I read some time ago that the author of the Silence of the Lambs got zilch because the contract stipulated it would pay only if there was a net profit... wa-la no net profit so the author got nada (or relatively little).

Hollywood = sleaze-ville.

44 posted on 02/11/2008 7:33:59 PM PST by Trajan88 (www.bullittclub.com)
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