Should We Believe This? Hollywood Studios Lose Money After Paying Out Profit Participations

Posted by majestic on November 12, 2007

Should we really believe this new report in the New York Times? The authors claim that the Hollywood studios are already paying so much of their earnings to actors and directors that they are actually losing money. “…As it turns out, the pot of money that the producers and writers are fighting over may have already been pocketed by the entertainment industry