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

These authors knowledge of the nuances of movie and television accounting shines through the pages of this book, which is sure to become a standard reference in this field. -- Harold L. Vogel, author, Entertainment Industry Economics. The distribution of a motion pictures profits is, for most filmmakers, a murky, labyrinthine domain ruled by studio/distributor accountants and lawyers. Movie Money -- a must-read for all film producers, directors, writers, and actors -- unravels, demystifies, and explains the film industrys unique, arcane, creative accounting practices. It examines a films 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 todays China, written by Tracy Liang (a CPA with Green Hasson Janks), as well as a thorough updating of every section of the book.