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by rhino369 3349 days ago
Plus, now that every single agent knows about hollywood accoutning (and probably knew about in 1980) it's not even a problem. If you want a cut, you ask for a cut of the revenue, which isn't fakeable.

Instead of a 1% of profit, you ask for 1% of revenue above 75 million.

2 comments

Tell that to the Tolkien estate who had an agreement of 7.5% of the gross, but did not see a penny until after taking New Line to court.

http://deadline.com/2008/02/more-bad-news-for-new-line-tolki...

Apparently one trick is to delay paying royalties for years by saying "we still haven't received all the revenue on this feature from all the companies we licenced it to in year x".