Sunday, July 19, 2009

How the movie industry makes its money

Ever wonder what the American movie industry is up to when it's not busy defending dying business models suing grandfathers and paying off hackers to steal private e-mails? Check this out: They're screwing copyright owners and movie actors with trick accounting ("Surplus? What surplus? Lord of the Rings didn't make any money - due to piracy, of course - so we can't pay you, sorry") to withhold payments, thus maximizing their own profit. This kind of trickery even has a very descriptive name: Hollywood accounting.

Is there anything the American movie industry does at this point that is not completely destructive and despicable? Including making criminally bad movies?

And need I remind you why you should not give this criminal questionable industry your hard earned money?

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