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accounting

What Is Hollywood Accounting?

March 3, 2021

what is hollywood accounting

I’m a big Hollywood studio and I want to make a movie called Big Movie. It’s expected to break box-office records.

The first thing I do is create a holding company called Big Movie Holdings, Inc. While it was started by me, it is actually a completely independent company. I will do a deal with this company: it gets the rights to produce, market and hold the movie rights to Big Movie on one condition: it hires me to do the marketing and distribution.

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Filed Under: Answers, Finance

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