Quote:
Originally Posted by gbm
25% of "net" is not what I would call a better deal. "Net" is whatever the accounting dept says is "net".
Now if that was 25% of retail for ebooks then it would be better.
bernie
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Quote:
Originally Posted by fjtorres
The Digital Reader Blog has a detailed look at who those folk are:
http://www.the-digital-reader.com/20...es-a-full-wtf/
I dunno but something really smells. Anytime Author Solutions pops up in report, I think of Hydra and the Start guys have a cozy history with them. |
This is still the best explanation of "net" IE "
Hollywood Accounting" that I have ever read.
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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