Sunday, September 22, 2019

LAWSUIT: FILMS MADE $7 BILLION; INVESTORS EARNED $0

November 30, 2011 by · 4 Comments 

In the latest lawsuit to accuse a Hollywood studio of cooking the books, a group of investors is claiming that it invested $375 million in 29 Paramount films that together grossed nearly $7 billion but have yet to see a profit. The group, Melrose 2, accused the studio of “understating gross receipts, delaying payments to […]