Here's a shocked-demeanor article about how some dreadful "mistakes" have been made.
It seems Hedge funds have put billions into Hollywood, only to find that...
- Somehow the accounting may have been managed, in Hollywood's favor.
- Hollywood has projected large returns, that just didn't happen.
- In fact, some of these deals have lost hundreds of millions of dollars.
- A lot of these deals are not win/win! They seem to be designed - gasp - to be win/lose.
- Hollywood keeps the better films for itself.
To which I say, imagine that.
Almost unbelievable, isn't it?
Now you guys, I don't know who you've been playing with, but Hollywood has some rough characters in it. Always has.
They play hardball, they play to win, and they're gonna keep all your marbles.
Gosh, you guys. I'm sorry.
Hollywood, play nice!
Film Financing
