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Old 05-01-2012, 09:18 AM
 
Location: Maine
22,957 posts, read 28,390,461 times
Reputation: 31391

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Quote:
Originally Posted by EdwardA View Post
George Lucas: Star Wars Director Loses $60 Mil Plus on "Red Tails" - Forbes (http://www.forbes.com/sites/rogerfriedman/2012/03/29/george-lucas-star-wars-director-loses-60-mil-plus-on-red-tails/ - broken link)
There's really no such thing as a money-losing movie any more. They just don't exist.

When you read articles like that about a movie losing money, it's basically the accountants, investors, tax law, etc. painting a false picture. When a movie is made, the producers tell investors, "We project it will max X amount of dollars by Y amount of time in domestic ticket sales." If that doesn't happen, then everyone says the movie "lost money."

But in fact, movies don't lose money anymore. Between foreign ticket sales, licensing, cable rights, DVD sales, licensing fees, etc., every movie eventually runs in the black. It might take a year. It might take 3 years. But every movie eventually runs in the black, even so-called "flops."

So, when Lucasfilm reports the Red Tails lost x amount of money, all that means is Lucasilm accountants are claiming a loss for tax reasons, investor payout, etc. But Red Tails will eventually run in the black, even if it takes a while.
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Old 05-01-2012, 09:51 AM
 
1,791 posts, read 2,391,511 times
Reputation: 2112
Quote:
Originally Posted by Mark S. View Post
There's really no such thing as a money-losing movie any more. They just don't exist.

When you read articles like that about a movie losing money, it's basically the accountants, investors, tax law, etc. painting a false picture. When a movie is made, the producers tell investors, "We project it will max X amount of dollars by Y amount of time in domestic ticket sales." If that doesn't happen, then everyone says the movie "lost money."

But in fact, movies don't lose money anymore. Between foreign ticket sales, licensing, cable rights, DVD sales, licensing fees, etc., every movie eventually runs in the black. It might take a year. It might take 3 years. But every movie eventually runs in the black, even so-called "flops."

So, when Lucasfilm reports the Red Tails lost x amount of money, all that means is Lucasilm accountants are claiming a loss for tax reasons, investor payout, etc. But Red Tails will eventually run in the black, even if it takes a while.
Here's concise explanation of "Hollywood" accounting: How Hollywood Accounting Can Make a $450 Million Movie 'Unprofitable' - Derek Thompson - Business - The Atlantic
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Old 04-14-2013, 08:49 AM
 
25,885 posts, read 16,602,938 times
Reputation: 16079
This was absolutely the worst, most partisan, racist piece of garbage war movie I have ever seen. How many cliche's and stereotypes can Lucas fit into one film?

Ok, we get it George.

White people=bad

Black people=awesome.

Get over your white man's guilt because this movie sucked.
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