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Creative Accounting Hollywood Style

2006-Jul-26 by Laughcalvin

Accounting Irregularities are nothing new to the general populace since a certain Texan company exploded and as folks who have read a few books on H-wood know, they can be really creative in Tinseltown as well, even more than the scripts:

"When a movie costs $7.5 million to make and takes in $180 million around the world, it seems logical to think that the people who created the film would have become very rich. With "Crash," this year's Oscar winner for best picture and last year's sleeper hit at the box office, that has not been the case. The movie's co-writer and director, Paul Haggis, has so far made less than $300,000 on the film, a pittance by Hollywood standards. The eight principal actors in "Crash," including Sandra Bullock, Matt Dillon and Don Cheadle, have been expecting large checks for months,..." What did they get? About $19K so far.













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