Do movies make money?
By Behind The Scenes TV on Nov 12, 2007 in Film Business
As Hollywood digs in for a second week of a strike, the screenwriters might want to send a few angry picketers over to Will Smith’s place. Or Steven Spielberg’s.
And maybe the studio executives should think about joining them on the line.
As it turns out, the pot of money that the producers and writers are fighting over may have already been pocketed by the entertainment industry’s biggest talent.
That is the conclusion of a surprisingly bleak new assessment of financial dynamics in the movie industry titled “Do Movies Make Money?” The researchers’ answer: not any more.
(Source: International Herald Tribume)
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