Film/TV Profit Participations
Examples of Mistakes Made in the Film/TV Industry
Review the boxes below to see a sample of how underpayment errors are made.
Improper calculations of revenues or expenditures
Understatement of "Gross Receipts"
Incorrect Distribution Fees Charged
Overstatement of "Distribution Costs & Expenses"
Overstatement of production costs
Overstatement of interest on production costs and overhead
Understatement of "Net Profits" and ultimate share due
Statement Processing Errors
Mathematical and clerical errors