Really? Really?


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Hollywood accounting: The writer of Forest Gump was approached about writing a sequel, and turned it down because he could not in good conscience support a project he knew was doomed to be a failure. According to Hollywood accounting, the movie was a failure. He had proof: he never received any royalty payment because according to Hollywood accounting, it hasn't made any profit yet.
In short, they way they worded the contract and set up the production company and distribution company, he got totally hosed.
Honestly, that guy is an idiot. EVERY Hollywood movie is made this way, has been for years. A production company is created to make the movie. That company will exist ONLY for as long as it takes to make and release the film. On paper, that company will carry all the expenses of the movie but get none of the profits (those go to the studio). If you let them draw up a contract that includes a percentage of this cut, you will of course get zero. But why would you do this, unless you know nothing about Hollywood and don't bother getting any advice??

Anyway, call me cynical, but I feel like the movie industry is getting sucked into an endless cycle of remakes and reboots. Looking forward to "Ultimate Spiderman" in a couple of years (it will be darker, edgier and possibly starring Justin Bieber!).
 

Anyway, call me cynical, but I feel like the movie industry is getting sucked into an endless cycle of remakes and reboots. Looking forward to "Ultimate Spiderman" in a couple of years (it will be darker, edgier and possibly starring Justin Bieber!).

You're not cynical, you're right. Er, or I'm cynical, too. Yeah, one of those things.
 

Given the nature of Hollywood accounting, the willingness to cast roles based on star power rather than acting prowess (coupled with salary bloat), elevating SFX over story, the contractual shafts to movie houses, writers and outsider investors, and a tendency to make such extensive changes to underlying IP so that movie/TV adaptations rarely resemble the works from which they derive their names?

I can't give Hollywood any slack. Too many of their problems are of their own making.

But it works, doesn't it?

Don't blame the producer. Blame the consumer.
 

But it works, doesn't it?

Don't blame the producer. Blame the consumer.

Your response in no way counters the core of my statement: Hollywood has become so risk averse that it is becoming scared of originality. And a major reason behind that is because Hollywood's own business practices have made it difficult for the major studios to make money without being formulaic.

Does the consumer have a share in this? Certainly!

But its like farming: if you only grow one thng in one area, you deplete your soil and will be vulnerable to a shift in climate or pests.

Hollywood, in its growing fear of originality, is making it harder for itself to be profitable in the future.
 
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Honestly, that guy is an idiot. EVERY Hollywood movie is made this way, has been for years. A production company is created to make the movie. That company will exist ONLY for as long as it takes to make and release the film. On paper, that company will carry all the expenses of the movie but get none of the profits (those go to the studio). If you let them draw up a contract that includes a percentage of this cut, you will of course get zero. But why would you do this, unless you know nothing about Hollywood and don't bother getting any advice??

Anyway, call me cynical, but I feel like the movie industry is getting sucked into an endless cycle of remakes and reboots. Looking forward to "Ultimate Spiderman" in a couple of years (it will be darker, edgier and possibly starring Justin Bieber!).

Yes, he should have had a lawyer read through the contract.
But if Hollywood wanted to do a sequel, they shouldn't have screwwed the guy over.
 

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