Sunday, September 22, 2019

WILL DREAMWORKS SURVIVE?

January 30, 2012 by · Leave a Comment 

The ability of DreamWorks to continue turning out costly productions may be tested in coming weeks as it exhausts its first round of financing, including its $325 million from partner Reliance Entertainment and a matching $325-million loan from J.P. Morgan Securities. According to the New York Times, while the original deal called for Reliance and […]

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 […]