'Hollywood Accounting' Losing In The Courts
Not surprisingly, your average juror is having trouble coming to grips with the idea that a movie or television show can bring in hundreds of millions and still “lose” money. This week, the big case involved a TV show, rather than a movie, with the famed gameshow Who Wants To Be A Millionaire suddenly becoming “Who Wants To Hide Millions In Profits.” A jury found the whole “Hollywood Accounting” discussion preposterous and awarded Celador $270 million in damages from Disney, after the jury believed that Disney used these kinds of tricks to cook the books and avoid having to pay Celador over the gameshow, as per their agreement.
Looks like the times are finally catching up to the entertainment industry. These types of tricks cant be pulled forever, and at some point the house of cards will most definitely come falling down.
Google and Viacom blend high-profile copyright suits with extreme profanity, as nature intended
You know what I’m interested in? Copyright lawsuits.And profanity.
Lucky for me, Google and Viacom have provided both today, in the form of a series of emails released through the discovery…
MPAA Worries About Pirating U.S. Soldiers in Iraq
Is anyone really surprised the MPAA is questioning what our military personnel do overseas?
While U.S. men and women put their lives at risk in Iraq, the MPAA has queried the military about the pirating habits of the soldiers stationed there. A declassified document from United States Central Command confirms that the MPAA is fighting a war of its own in the Middle East, one against copyright infringing soldiers.Luckily CENTCOM told the MPAA to piss off in so many words, suggesting the entertainment industry supply the US military with fresh content if they would like to stem the tide of overseas pirating. ☁
