Re:Moog sells its business to InMusic
by TheOtherHobbes on Wednesday June 21, 2023 @12:00PM
(#36420262)
Points on the gross receipts are not points on the profits.
The fact that the trilogy was supposedly unprofitable shouldn't be relevant.
"the Tolkien estate sued New Line, claiming that their contract entitled them to 7.5% of the gross receipts of the $6 billion hit.[23] According to New Line's accounts, the trilogy made "horrendous losses" and no profit at all."
I think most people would find it surprising that both Return of the Jedi and the Lord of the Rings movies failed to make a profit?
https://en.wikipedia.org/wiki/Hollywood_accounting