Dan Landes

Senior Manager

#BeMore with Green Hasson Janks

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    New ASC 606 Standards to impact Entertainment and Media Companies

    ASC 606 - Revenue from Contract with Customers represents the most significant change in accounting methodology in the past 20 years. The objective of the new guidance is to create and help standardize how revenues are recognized across all industries to improve comparability and transparency. ASC 606 has the potential to significantly impact the way that revenue has been recognized historically, increase disclosure requirements and change the internal tracking and recording of revenues. ASC […]

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      New FASB Proposal to Benefit Accounting for TV Series’ Production Costs

      On Nov. 7, 2018, the Financial Accounting Standards Board (FASB) issued a Proposed Accounting Standards Update (ASU) that would change the way the entertainment industry accounts for production costs of an episodic television series to be more aligned with the accounting for production costs of films. Under current GAAP, production costs for episodic television series are only capitalized up to the amount of revenue that is contracted for each episode in the initial market until persuasive […]

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        The State of the MCN Industry

        Now that alternative platforms to YouTube are taking hold, the Multi-Channel Network (MCN) arena is changing swiftly. Influencers are now reaching millions through their videos and content on various video platforms. With increasing notoriety, many have their own product lines, bestselling books and movie and television cameos. Due to their large fan bases, many of these influencers have marketing and branding opportunities through digital media that are more lucrative than ever. Digital content […]

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          To create content….or to distribute content….that IS the question!

          In January 1996, Bill Gates coined the term “Content is King.” His essay on this topic started by saying, “Content is where I expect much of the real money will be made on the Internet” and went on to say, “One of the exciting things about the Internet is that anyone with a PC and a modem can publish whatever content they can create.” Let’s flash forward almost two decades where the ability to access content is no longer limited to a TV or computer. In fact, according to a recent report by the […]

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            Why Don’t My Advertising Agency’s Financials Make Sense?

            Like most people, I was drawn into the world of advertising agencies because, for a lack of a better word, they are just plain cool. When we think of advertising agencies, the first images that may pop into our heads are creative commercials, billboard ads or maybe even those annoying pop up ads on our free phone apps. For others, it is the image of the mysterious but extremely talented Don Draper from Mad Men. One thing that probably doesn’t quickly come to mind is the various quirks and […]

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