Movie Money: Understanding Hollywood's (Creative) Accounting Practices, 2nd ed.
by Bill Daniels, David Leedy, Steven D. Sills
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Book Summary Information
Author: Bill Daniels, David Leedy, Steven D. SillsEdition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2006-03-04
ISBN: 187950586X
Number of pages: 297
Publisher: Silman-James Press
Book Reviews of Movie Money: Understanding Hollywood's (Creative) Accounting Practices, 2nd ed.
Book Review: Serious stuff if you are serious about distribution
Summary: 5 Stars
This is serious stuff! Written by three of the top "Profit Participation Auditor-Accountants" in Hollywood, this is a very informative, very scary inside look at how the legendary "Hollywood Accounting" really works. They also go into why it is the way it is...and that does give you some sympathy for the devil. It's not an easy read since we're talking about legalese and accounting strategies here, so it's not for the casual hobbist. I found it absolutely fascinating and extremely useful since I consider myself a serious filmmaker who wants to know what a good deal and a bad deal may look like...and want to make some money with my movies, not just hit a few festivals and it end up a trophy on the shelf. If you're serious, this is a must read...but bottom line: Don't try to do this yourself. Even the everyday lawyer or CPA will get bamboozeled if they don't have a movie biz experience.
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