February 2017

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 [...]

See Details

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 [...]

See Details

September 2016

Post Participation Review Best Practices

By | September 27, 2016|Categories: Media Clips|Tags: , , , , |

By Ilan Haimoff (Partner, Green Hasson Janks) and Michael Sippel (Senior Manager, Green Hasson Janks) Our film and television profit participation forensic reviews have a life of their own beyond the issuance of our report. Therefore, and based on popular demand, we wanted to share further information on what typically occurs beyond that point. Let’s [...]

See Details

July 2016

Chinese Investment in Hollywood

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

By: Chenxi “Tracy” Liang, CPA (梁晨曦) (Contracts, Compliance and Forensics Supervising Senior Associate, Green Hasson Janks) 2015 was a record year for Chinese investments in Hollywood. They have grown rapidly over the past couple of years, and with significant deals such as TIK Films’ 3-year slated deal with Lionsgate, Bona Film Group’s 6-picture deal with [...]

See Details

“Hasta La Vista” First Dollar Gross Deals

By | July 7, 2016|Categories: Media Clips|Tags: , , , , , , , , , |

By Michael Sippel (Senior Manager, Green Hasson Janks) During the last 10 to 20 years, “A-List” actors such as Arnold Schwarzenegger, who made famous the quote “Hasta La Vista Baby,” were consistently receiving “first dollar gross” (FDG) deals from most major studios.  A FDG deal can be defined as all Revenues (with home video at [...]

See Details

May 2016

Entertainment: Driven by Constant Innovation

By | May 3, 2016|Categories: Media Clips|Tags: , , , , , |

By Ilan Haimoff (Partner, Green Hasson Janks), CalCPA Conference Co-Chair Ten years ago, no one would have thought we’d be looking at an industry where streaming video is poised to become the dominant distribution channel for television and video; multi-channel networks drive a huge percentage of content creation, people use their cell phones to consume [...]

See Details

February 2016

Auditing in China: Three Things to Keep In Mind

By | February 10, 2016|Categories: Media Clips|Tags: , , , , , , , , , |

By Shaun C. Hong (Supervising Senior Associate, Green Hasson Janks) The Chinese market for entertainment has grown exponentially over the last several years. With U.S. entertainment companies forming “co-production joint ventures” with various Chinese film production companies, the need for accuracy and completeness of foreign distribution becomes more significant. Based on my experience with profit [...]

See Details

October 2015

The Evolution of Independent Film at the Toronto Film Festival

By | October 20, 2015|Categories: Media Clips|Tags: , , , , |

By Peter Klass (Senior Manager, Green Hasson Janks)   I recently attended the Toronto International Film Festival (TIFF) for the first time. The festival attracts producers, distributors, buyers and sellers from around the world every September. This year’s event was attended by 473,000 film goers, 5,400 industry professionals and 1,200 journalists. TIFF is considered to [...]

See Details

A Closer Look at the Branded Entertainment Industry

By | October 15, 2015|Categories: Media Clips|Tags: , , , , , |

By Jordan Yospe (Guest Blogger, Eisner Jaffe)   I regularly speak with film and TV producers, managers, agents and other entertainment lawyers seeking to clarify some widely misunderstood concepts in the branded entertainment industry. I’d like to share some of what I’ve explained to them in the hopes of clearing up the most prevalent misconceptions:   [...]

See Details

Updated Statistics and Timing for California’s Film and Television Tax Credit Program

By | October 6, 2015|Categories: Media Clips, Taxing Thoughts|Tags: , , , |

By: Akash Sehgal (Director of State and Local Tax, Green Hasson Janks) In 2009 the California Film Commission, a one-stop office for filmmakers, created the Film and Television Tax Credit Program to encourage in-state film production. This year the Commission further incentivized filmmakers to stay in California by expanding the program and increasing funding from [...]

See Details