O'Reilly logo

Understanding the Business of Entertainment by Gregory Bernstein

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 11Gross and Net Proceeds

Introduction

Before looking closely at different kinds of entertainment agreements, there is one provision that goes into many of them that deserves special attention. This provision gives filmmakers the right to participate in a production’s profits if, indeed, there are any. Because profit participations are important and can be (albeit very rarely) worth millions of dollars, but are also confusing, frustrating and sometimes the cause of contentious debate, it’s worth looking separately in detail at this one contractual issue.

In order to understand how profit participations work, we need to go back and look at the revenues studios generate from distribution. More specifically, we have to analyze what a studio ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required