Media Clips

May 2017

Raising the Red Flags: When You May Need a Profit Participation Audit

By | May 18, 2017|Categories: Media Clips|

Co-authors: Ilan Haimoff and Peter Klass Whether you are an individual, company stakeholder or the beneficiary of a trust or estate with profit participation rights to movies and television shows, you may be at risk for underpayment or delayed payment of your participation profits by a studio or other distribution company. At a minimum, we recommend that [...]

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April 2017

History of China Import Film Quota and Revenue-Sharing Remittance

By | April 20, 2017|Categories: Media Clips|

China has become the second largest theatrical market since 2012, but when it comes to distributing foreign films in China, Hollywood has not been able to enjoy much of China’s box office success. This lack of success is due to various market-access restrictions, such as the strict quota system and the low revenue-sharing remittance rate. [...]

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Home Entertainment Spending Increased in 2016

By | April 6, 2017|Categories: Media Clips|

The Digital Entertainment Group’s 2016 Home Entertainment Report compiles the results of an annual member survey of DEG members, tracking sources and retail input. The results showed that consumer home entertainment spending rose slightly in 2016, powered by a double-digit rise in key digital categories, especially subscription VOD (or SVOD) while traditional DVD and Blu-ray [...]

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March 2017

The State of the Film and Television Industry: What’s On the Horizon for Film and Television?

By | March 23, 2017|Categories: Media Clips|

Partner Ilan Haimoff interviews Attorney Peter Dekom about trends and predictions for the film and television industry in our Media Clips podcast. Click below to discover more on producer-consumer connection via advertising, China’s growing role in film, the latest on digital distribution and much more. Inside this podcast: What are the key trends and predictions [...]

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Crash Course in License Fee Allocations

By | March 10, 2017|Categories: Media Clips|Tags: , , |

Co-Authors Ilan Haimoff and David Simon Background: Motion picture distributors or studios often license motion pictures and television products to domestic and international television exhibitors in batches or packages. These packages contain anywhere from two titles to hundreds of titles.  They can include first run theatrical motion pictures, library motion pictures, movies-of-the-week and television series. The [...]

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February 2017

Vertical Integration in the Entertainment Industry and its Impact on Profit Participations

By | February 23, 2017|Categories: Media Clips|Tags: , , , |

The definition of vertical integration is as follows: “The combination in one company of two or more stages of production normally operated by separate companies.” Many of us are familiar with “vertical integration” and see it on a regular basis – most recognizably in the areas of communications and technology. For example, phone companies (such [...]

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Movie Releases May Get Into Homes Faster via Premium VOD

By | February 9, 2017|Categories: Media Clips|Tags: , , |

The world of video on demand (VOD) is evolving steadily as VOD networks and their content suppliers continue to find synergies and profit strategies beyond everyone’s expectations. It seems like both sides are not necessarily in opposition at this point – both just want to figure this out. One example is the speed at which [...]

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Choosing Your Profit Participation Auditor

By | February 3, 2017|Categories: Media Clips|Tags: , , |

By Ilan Haimoff (Partner, Green Hasson Janks) and Michael Sippel (Senior Manager, Green Hasson Janks) Unlike compliance services, such as tax preparation or financial statement audits that represent more of a commodity service offering, profit participation audits represent a forensic consulting engagement. In most cases this requires extensive, specialized experience and can only be performed [...]

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October 2016

Studio Queue Survival Guide

By | October 28, 2016|Categories: Media Clips|Tags: |

By Sherri Carstens, CFE (Senior Manager, Green Hasson Janks) and Ilan Haimoff (Partner, Green Hasson Janks) Let’s imagine the perfect world when it comes to a profit participation audit of a studio film or television series distribution statement: You (Producer) wake up on a Monday and decide it is time to audit. Within days, your attorney [...]

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