Fer sure...

[Pookie]

Harry Potter and The Order of the Phoenix "lost" $167M.

Of course, you need to use "Hollywood" math, you can always trust Hollywood, right.....

 

[Jawa Ex Machina]

"Video Cassette"?

In 2007??

That's their problem right there, they should have released it on DVD instead!

 

[Captain Pierce]

Warner Brothers is notorious for this sort of thing.

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."

 

[ugafan]

mort mort feingold can find any deduction.

 

[HorseFilms]

Unbelievable. This is why I keep turning down all those WB deals.