Randy Finch's Film Blog

Studio Accounting and Napoleon Dynamite

According to a Sept. 1, 2011 post by Eriq Gardner of the Hollywood Reporter, "[t]he production company behind Napoleon Dynamite is suing Fox Searchlight for $10 million for allegedly underreporting royalties and taking improper revenue deductions from the hit 2004 indie comedy."

The complaint reads: "In addition to understating Napoleon's home video royalties, the audit also revealed that Fox has breached the agreement in multiple other respects, including without limitation by underreporting pay television license fees, failing to report electronic sell-through revenue, charging residuals on home video sales, as well as overcharging residuals on home video sales, deducting a number of costs and charges it has no right to deduct and/or for which there is no supporting documentation."
Posted by Randy Finch on Thursday, September 01, 2011

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Randy Finch's Film Blog:

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Randy Finch is an educator and producer of films and plays.

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