A little more from io9.
Night Shade Books' would-be owners on their controversial deal: "We're the good guys".
10% of "net" using "
Hollywood" or "Nashville" accounting will leave the authors owing money to the publisher.
Quote:
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Hollywood accounting is not limited to movies. An example is the Warner Bros. television series Babylon 5 created by J. Michael Straczynski. Straczynski, who wrote 90% of the episodes in addition to producing the show, would receive a generous cut of profits if not for Hollywood accounting. The series, which was profitable in each of its five seasons from 1993–1998, has garnered more than US$1 billion for Warner Bros., most recently US$500 million in DVD sales alone. But in the last profit statement given to Straczynski, Warner Bros. claimed the property was $80 million in debt. "Basically," says Straczynski, "by the terms of my contract, if a set on a WB movie burns down in Botswana, they can charge it against B5's profits."
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bernie
p.s.
I like the comment by Sharon Lee.