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2006-05-12 Home Front: Culture Wars

SEC's "Katie Couric" salary clause draws fire

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Posted by Seafarious 2006-05-12 11:43|| || Front Page|| [4 views since 2007-05-07] Top

#1 ..Another VERY good reason why the studios and networks are treating this like the Devil faced with holy water is that it would eventually open up FEDERAL scrutiny into the bizarre bookkeeping practices of most Hollywood studios. Remember Art Buchwald's lawsuit against Paramount saying they had stolen the idea for the Eddie Murphy comedy, Coming To America ? Paramount's official weekly figures said the film totalled $128,113,607 on a production cost of about a tenth of that - but when the judge ruled Paramount guilty and awarded Buchwald a share of the profits, the studio trotted out figures that 'proved' the film never made a dime. That sort of nonsense gets people in other industries put away, and the studios know it.

Mike

Posted by Mike Kozlowski 2006-05-12 13:40|| 2006-05-12 13:40|| Front Page Top

#2 Yes. Shine the bright light of truth on the vampires.

Posted by DarthVader 2006-05-12 13:46|| 2006-05-12 13:46|| Front Page Top

#3 Do the same for the recording labels too. That industry's a nest of vampires as well....

Sometimes the best thing is to kick the door down and let in some good old fashoned direct sunlight.

Posted by CrazyFool 2006-05-12 14:08|| 2006-05-12 14:08|| Front Page Top

#4 Winston Groom, the author of Forest Gump, was promised a percentage of the profit from the movie. The movie grossed $677 million. According to Paramount (the studio) - it didn't make any profit.

Posted by DMFD 2006-05-12 19:19|| 2006-05-12 19:19|| Front Page Top

#5 they don't want to have to expose all of their dirty laundering.

Posted by 2b 2006-05-12 23:02|| 2006-05-12 23:02|| Front Page Top

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