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#Bohemian Rhapsody Screenwriter Challenges Studio Claims That The Movie Lost $51 Million

#Bohemian Rhapsody Screenwriter Challenges Studio Claims That The Movie Lost $51 Million

“Bohemian Rhapsody” is merely the latest high-profile film where what’s known as “Hollywood accounting” appears to be in play. Hollywood accounting involves cooking the books, inflating certain costs so that it appears a movie is still in the red. This allows studios to pay out less taxes and royalties.

Back in 2009, for instance, we reported that LucasFilm had not payed David Prowse, the actor who embodied Darth Vader in the original “Star Wars” trilogy, any residuals for “Return of the Jedi” because the film had still somehow not made a profit. The year after that, Warner Bros. claimed that “Harry Potter and the Order of the Phoenix,” which, like “Bohemian Rhapsody,” grossed almost a billion dollars worldwide, had not made a profit, either.

McCarten’s suit notes that he “was aware of the reputation major studios have for snatching losses from the jaws of profits-most notably, by ‘defining’ profits in byzantine ways and then applying arbitrary, onerous distribution fees, administrative fees, overhead fees, etc.” This is why he was relying on a backend deal with King and indie producer GK Films to make up for the loss that he would incur if and when he became a victim of Hollywood accounting on the part of the bigger studios.

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