Apr
27
2005

monies

On Monday, Slate delved into the fuzzy math of Hollywood accounting.

As paradoxical and absurd as it sounds, it’s cheaper for a Hollywood studio to make a big-budget action movie than to make a shoestring art film like Sideways. Consider Paramount’s 2001 action flick Lara Croft: Tomb Raider. On paper, Tomb Raider’s budget was $94 million. In fact, the entire movie cost Paramount less than $7 million.

(“How to Finance a Hollywood Blockbuster” - 04/25/05)

That’s just the lede, and my head hurts already. One of the big tricks, apparently, is exploiting certain loopholes in German tax code.

Posted at 12:00 AM in movies

Previous entry: a case of the mondays (personal) | Next entry: give me some sugar (personal)

Post a comment

As a spam-control measure, your comment may require my approval before it will appear on the entry. Thanks for waiting. To avoid the moderation delay, consider filling in your e-mail address. It won't appear on the site, but I use it to whitelist frequent commenters so their comments appear automatically.


The following HTML tags are permitted (if you want to use them):
p, br, a href, b, strong, u, i, em, ol, ul, li, cite, blockquote