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Book description

Book description
This book helps to explain the behavior of the movie studios, for better or for worse. And I was pleased with how the author approached the subject; what could have been a dry topic was kept interesting by a little bit of humor, a random smattering of interesting behind-the-scenes type stories, and a straightforward explanation of why movies are financed the way they are financed.I never thought Id be typing these words but its true, I have a new-found respect for Tom Cruise and Arnold Schwarzenegger. Or, their lawyers? Either way, they were able to structure contracts in a way that had never been done before and consequently shape the face of entertainment.Other takeaways --No one makes money on the movie itself but rather its all about orchestrating fees and access to the movie. For example, movie theaters dont make money off the movies themselves. 75% of theater operating costs come from concessions and advertising.The tax breaks for filming in certain geographical areas are INSANE.The book talks about issues like that.
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FB2 The Hollywood Economist 2.0: The Hidden Financial Reality Behind the Movies by Edward Jay Epstein story offline online doc finder

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