Very interested to see where this goes. Berlinski is a bull dog and I'm curious how this will settle or if it will open Pandora's box: https://www.hollywoodreporter.com/business/business-news/disney-tsg-laws...
Financing / Crowdfunding : Disney Sued by Film Financier TSG Over “Chilling Example” of Hollywood Accounting by Amanda Toney
Disney Sued by Film Financier TSG Over “Chilling Example” of Hollywood Accounting
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Interesting... Thanks for sharing!
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Amanda Toney There's that phrase again, Amanda. "executive compensation". I wonder if this will shake the foundations of Disney, who I think were in trouble a while back and had to sack a whole raft
of talented people.
It also makes me feel more than ever, that the WGA and SAG-AFTRA strikes are more justified and we need a just settlement.
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Amanda Toney I wonder how this will affect TSG investing in 20th Century Studios movies and Disney movies going forward, if this is true.
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There'll be a rather large settlement as no studio wants its financial records opened to the public. If TSG doesn't invest in any other Fox/Disney films. Meh, no big deal. Another investor will step forward.
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Wasn't the rule during "Old Ho;;ywood"-always get paid up front, even if it is less because they will never show any net profits on back end?