{"id":46312,"date":"2019-06-13T12:38:45","date_gmt":"2019-06-13T16:38:45","guid":{"rendered":"http:\/\/www.filmbuffonline.com\/FBOLNewsreel\/wordpress\/?p=46312"},"modified":"2019-06-13T12:39:17","modified_gmt":"2019-06-13T16:39:17","slug":"original-men-in-black-hollywood-accounting","status":"publish","type":"post","link":"https:\/\/www.filmbuffonline.com\/FBOLNewsreel\/wordpress\/2019\/06\/13\/original-men-in-black-hollywood-accounting\/","title":{"rendered":"The Original MEN IN BLACK Has Yet To Turn A Profit"},"content":{"rendered":"

\"\"<\/a><\/p>\n

You would think that if you created a product that sold so well that it grossed six and a half times what it cost to make and that even after you factor in such things as advertising and distribution costs, you would still be making a profit, right?<\/p>\n

Maybe so in other business, but not the movie business. The most recent case in point is the original 1997 science-fiction comedy Men In Black<\/strong>. Made for the tidy sum of $90 million it went on to sell nearly $588 million in tickets worldwide. But according to the film’s writer Ed Solomon, when it comes to Columbia Pictures’ accounting department, the film has yet to get out of the red. At least for the purposes of paying out those involved with the film who should be eligible for profit participation.<\/p>\n

\n

In honor of the release of MiB:International (I guess), I just got my new Men in Black profit statement.. which shows it STILL in the red. The fact that they've made a FOURTH ONE confirms, as I've always said, that the big studios are only in it for the art.<\/p>\n

— Ed Solomon (@ed_solomon) June 13, 2019<\/a><\/p><\/blockquote>\n