Here are two articles I came across this week so far.
In the 1st one Disney claimed Millionaire lost money and in the 2nd one Warner Bros. claimed latest Harry Potter lost money.
I understand these companies are protecting their bottom line after they have paid out salaries etc, but my question is why even offer profit participation if you aren't ever going to pay it?
http://www.latimes.com/business/la-f...,4051564.story
http://www.deadline.com/2010/07/stud...ey-accounting/
In the 1st one Disney claimed Millionaire lost money and in the 2nd one Warner Bros. claimed latest Harry Potter lost money.
I understand these companies are protecting their bottom line after they have paid out salaries etc, but my question is why even offer profit participation if you aren't ever going to pay it?
http://www.latimes.com/business/la-f...,4051564.story
http://www.deadline.com/2010/07/stud...ey-accounting/
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