He should have two people to count it for him. One to give him a high number (to use when obtaining loans) and the other to give him a low number (when paying taxes). Heck, why bother counting it if you’re never going to tell the truth anyway?
Actors and writers learned long ago not to agree to contracts giving them a fair share of the “residuals” (profits from future sales, including reruns, recordings, merchandising, etc.), because after the production companies got done tallying up what they were pleased to call their “expenses”, there never WERE any residuals.
LawrenceS 12 months ago
He should have two people to count it for him. One to give him a high number (to use when obtaining loans) and the other to give him a low number (when paying taxes). Heck, why bother counting it if you’re never going to tell the truth anyway?
Richard S Russell Premium Member 12 months ago
Actors and writers learned long ago not to agree to contracts giving them a fair share of the “residuals” (profits from future sales, including reruns, recordings, merchandising, etc.), because after the production companies got done tallying up what they were pleased to call their “expenses”, there never WERE any residuals.