FILM FINANCING: WALL STREET INVADES HOLLYWOOD
INFLUX OF TRADITIONAL INSTITUTIONS MAY BE AT ODDS WITH NOTORIOUS ACCOUNTING PRACTICES
Back in the day, the ways in which movies were financed called to mind the adage about never wanting to see how sausages are made. Producers using credit cards and borrowing money from friends and family to get their movies to the silver screen were legend. Others tell of the wealthy spending millions of dollars on films to satisfy a desire to mingle with the stars or see their names on the screen.
Times have changed.
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