Exam 9: Movie Accounting

What are sources of TV revenue?

Distributor expenses are also known as P&A, what does this stand for?

The theater splits box office with the distributor.

The distributor charges a distribution fee on all of the gross receipts it receives. Amounts of these fees vary by:

What is box office?

Points are used as a bartering tool by a producer, as an incentive to attract talent.

Who has a more advantageous position - a gross participant or net participant in a film's profits?

In film accounting, what are points?

Distribution fees are also called P&A - prints and ads.

Film company accounting is complex for which reasons?

Contractual accounting is the accounting between parties with a financial interest in a film based on a contract between the parties.

Describe the difference between corporate and contractual accounting.

What is gross film rental (also known as gross receipts)?

Profit points can be used as a bartering tool by a producer, as an incentive to attract talent.

What does the gross participant have a percentage of revenue in?

Contractual accounting is used for multiple films.

Revenue from TV, music and merchandising do not have to be accounted for, it's free money that a producer can just put straight into their pocket.

Accounting data cannot be manipulated to increase or decrease profits.

Is the term 'Hollywood Accounting' a positive one?