Description - Hollywood Economist by Edward Jay Epstein
In The Hollywood Economist, veteran investigative reporter Edward Jay Epstein goes undercover to find the answer to a puzzling question- Why is it that even the biggest grossing new movies, raking in millions at the box office, rarely break even during their theatrical release? How does Hollywood make money? Epstein penetrates the dazzlingly complicated economics of Hollywood to uncover what he calls the studio's ""invisible money machine"" the bizarre financial schemes behind the hits and the flops- Studios harvesting silver from the old film prints ncredibly complicated auctions to sell foreign rights he manipulation of outside investors ilming in bizarre locations to get subsidies and avoid taxes long the way to understanding this dizzying world of finance, we also learn much about the star system and what makes Hollywood tick. Why is Arnold Schwarzenegger a contract genius? How much does it cost to insure Nicole Kidman's knee? Why is Laura Croft- Tomb Raider considered a masterpiece of studio financing? What really gets a movie made?
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(203mm x 133mm x mm)
Melville House Publishing
Publisher: Melville House Publishing
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Author Biography - Edward Jay Epstein
Edward Jay Epstein, who wrote the "Hollywood Economist" column for Slate, is the author of The Big Picture- Money and Power in Hollywood, as well as many other books. He writes frequently for the Wall Street Journal, Vanity Fair, and The New Yorker, and he lives in New York City. His website is edwardjayepstein.com