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: Legal Pad | LAAppleton explains harsher economic realities in Hollywood
By Richard Binder
"Cash break zero deals" may not be as unwelcome a phrase in Hollywood as "An Alan Smithee film," but it does signal that the days of actors receiving big bucks whether or not their film is a hit are over for a while.
According to Dina Appleton, a special counsel in the Entertainment Group at Sheppard Mullin Richter & Hampton, back-end and gross participation have fallen out of favor in the studios. Even the biggest-name actors now have to content themselves with participation shares, increased DVD revenue sharing and various bonuses.
Appleton has updated her book, Hollywood Dealmaking, to reflect these recent changes. She also discusses them at Forbes.com.
Full post as published by Legal Pad | LA on March 23, 2010 (boomark / email).
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