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Hollywood Accounting: A CPA's Journey Into Entertainment

Earmark Podcast | Earn Free Accounting CPE

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Exploring the World of Entertainment Accounting

This chapter delves into the intricate details of content accounting at Netflix, discussing revenue allocation challenges and the impact of the streaming model on entertainment accounting practices. It reflects on the differences in measuring success between traditional studios and Netflix shows, highlighting the unique challenges studios face in attributing revenue to specific productions. The chapter also discusses the concept of Hollywood accounting, revealing how studio accountants manipulate financial figures to obscure profits and avoid fair compensation to individuals.

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