Archive for Finance

Movie Studios: Have They Gone the Way of Dinosaurs?

http://www.cnbc.com/id/48223725 Ben Silverman, Chairman of multi-media producer Electus recently keynoted a Venture Capital and New Media Summit in Los Angeles. Ben noted that 100 years ago in order to make a film you needed 50 acres of land in the San Fernando Valley, an army of various craftsmen, sprawling soundstages, expensive specialized cameras, film labs […]

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Air For Shares

The Shark Tank: ABC’s reality show about a room full of high-powered executives listening to ideas from entrepreneurs in exchange for a percentage of the company.  But what if instead, ABC offered some of its advertising inventory, maybe even a spot or two on The Shark Tank, in exchange for a piece of your company? […]

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11 / 2 / 11
Categories
Finance

Crowdfunding – The New New Thing

What’s the NEW new thing in independent film? That’s the question the forward looking early adapters in Hollywood ask every day. In a hyper-competitive town, everyone wants to be on the leading edge. As a lawyer, our job is often to try and realize the aspirations of our innovative clients while conforming to federal and […]

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10 / 13 / 11
Categories
Finance
Technology

What Wall Street Can Learn From Meyer Lansky

Originally Published in CNBC Meyer Lansky, a key architect of modern organized crime, often referred to as “The Chairman of the Board,” built a gambling empire that stretched from New York to Las Vegas to Cuba and back again. His casinos were luxurious, crowded affairs, a far cry from the “clip-joints” he must have known […]

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6 / 4 / 10
Categories
Entertainment
Finance

The 401 (k) Way To Better Day

Originally published in Backstage Everyone knows saving for retirement is important. But often in the hustle and bustle of our day-to-day responsibilities, this important task is overlooked. Fortunately, Actors’ Equity Association has established a 401(k) plan to help its members prepare for their golden years. Let’s take a look at the basics of this plan. […]

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3 / 11 / 10
Categories
Entertainment
Finance

Don’t Be a $tarving Arti$t

Originally published in Backstage Fame and fortune—that’s the dream. But how rarely the two go together. How many episodes of E!’s “True Hollywood Story” have we watched with the same sad plot: rags to riches to rags to rehab? As a transactional entertainment attorney, it’s my job to help construct a deal that will provide […]

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The Money of Movies

Originally Published in Backstage Friday the 13th grosses $43.6 million in its opening weekend, the most ever for a slasher pic! Gran Torino grosses $29 million to win the weekend and become Clint Eastwood’s biggest nationwide opening of all time! What does this really mean? How does a film make money? It’s important to understand […]

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