creativemovieaccounting.com
CreativeMovieAccounting.com
http://www.creativemovieaccounting.com/index.html
Welcome to CreativeMovieAccounting.com. GMT Releasing (GMTR) opens books for all net-participants in a program called SHOW ME THE MONEY. The accounting practices of marketing and distribution services of movies distributed by GMTR has open reporting of revenues CashSteer web site. And expenses on-line anytime, anywhere. Net-Participants in each film will be able to unlock the accounting books to view the progress of marketing and distribution results. Show Me The Money.
creativemovieaccounting.com
Hollywood Accounting :: Illustration 'A'
http://www.creativemovieaccounting.com/illustration-a.html
Period Ended March 31, 1998. 64,461,741 [34%] *. Net After Distribution Fees. 95,757,378 [The total cost to market the film]. Net Receipts After Distribution. 28,367,906 [At this point the film is profitable]. 75,439,225 [Film Production Costs]. 11,315,884 [Studio Lot Overhead 6% of Gross Receipts] *. 19,863,536 [Studio charges filmmaker for using their money]. 24,910,342 [Payments to celebrities- up front]. 131,528,987 [Net-point players are out of luck]. 40% Fees of the Gross Receipts go to the Studio.
creativemovieaccounting.com
Hollywood Accounting
http://www.creativemovieaccounting.com/hollywood-accounting.html
From Wikipedia, the free encyclopedia:. Hollywood accounting is the practice of distributing the profit. Earned by a large project to corporate entities. Which, though distinct from the one responsible for the project itself, are typically owned by the same people. This has the net result of reducing the project's reported profit by a substantial margin, sometimes even eliminating it altogether. This may be for income tax. Or other profit-sharing agreements. Show Me The Money.
creativemovieaccounting.com
CreativeMovieAccounting.com :: Highlights
http://www.creativemovieaccounting.com/highlights.html
Highlights of GMT Releasing Practices. Major Studio Profit Participants. Misuse film account numbers. Common to charge against any film. One film, one accounting. Must watch contract language and all charges. Artificial, cash, first, rolling. Rare for participants to control. Reduces film rental grosses and exhibitor and distributor conspire leaving participants out of luck. Uses One film accountability and only negotiates with exhibitor percentages. Typically charge the negative costs of film 10%. Hones...
johngermaine.com
Associated Web Sites & Affiliates
http://www.johngermaine.com/affiliates.html
ASSOCIATED WEBSITES AND AFFILIATES. Conceived, Planned, Designed and/or Implemented. Some Things You May Need to Know. Test Your Computer Speed Connection. What is Your IP. Test Your VoIP Telephone Line. Take Your News IQ Quiz. Test Your Real Age. Free Credit Score and Home Value Check. Associated Web Sites and Affiliates. Celebrity Tours, Movie Releases, Grass Roots Marketing. GMT World Television Network. In beta testing] (Founding Stockholders). Provided by Orangetree Internet Service, LLC.
johngermaine.com
Industry Experience
http://www.johngermaine.com/industry.html
Ndash; Ingot, Foil, Metallurgy, Extrusions, Building Products, Coil, Research and Development. Ndash; Potentiometers, Circuit Boards, Cable Harness. Ndash; Film and Television Studios, Movie Premiere, Movie Distribution and Production; Associate Producer: "The Diary of James Dean", "James Dean American Legend". Inventions and New Product Development. Ndash; Finger Toothbrush for Controlled Institutions, Fingernail Unique Design Machine. Associated Web Sites and Affiliates. GMT World Television Network.
creativemovieaccounting.com
CreativeMovieAccounting.com :: GMTR's Accounting Philosophy
http://www.creativemovieaccounting.com/accounting-philosophy.html
The following two practices by the major studio set the stage for GMT’s philosophy. Is a derogatory term commonly used to refer to the accounting practiced of studio/distributors and that may include everything from actual dishonest practices in reporting and dividing up the revenues generated by a given film at the exhibitor and distributor levels to sharp negotiating tactics used in conjunction with drafting the distribution deal. (See 337 Reported Business Practices of the Major studios.
creativemovieaccounting.com
Hollywood Accounting :: Illustration 'B'
http://www.creativemovieaccounting.com/illustration-b.html
Period Ending June 30, 1984. Theatrical / Non Theatrical. Net receipts after Distribution Fee. Preprint, Dubbing, Subtitles, Editing, etc. Taxes, Duties, Customs and Fees. Freight, Cartage, Handling and Insurance. Miscellaneous, Checking and Collections Costs. Etc. Guild, Union and Residual Payments. Net Receipts (Loss) After Distribution Fee and Expenses. Investment and Other Deductions. Negative Costs and/or Advance. Names of Deferment to be paid. Total Investment and Other Deductions. Show Me The Money.
creativemovieaccounting.com
CreativeMovieAccounting.com :: Show Me the Money
http://www.creativemovieaccounting.com/show-me-the-money.html
Show Me the Money. Financial accounting information must be assembled and reported objectively. Third-parties who must rely on such information have a right to be assured that the data are free from bias and inconsistency, whether deliberate or not. For this reason, financial accounting relies on certain standards or guides that are called Generally Accepted Accounting Principles (GAAP). Principle of regularity :. Principle of sincerity :. Principle of the permanence of methods :. Principle of prudence :.
