Welcome to the Entertainment Newsletter, containing content related to the people, news and business issues we see in our day-to-day service to the industry.
In this issue:
The Impact of the New Revenue Recognition Standard on the Media and Entertainment Industry
On May 28, 2014, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued their long-awaited converged standard on revenue recognition.
GHJ at the Beverly Hills Bar Association
GHJ’ royalties expert, Cedar Boschan, served as a panelist at the Beverly Hills Bar Association’s Family Law Section Dinner this May.
The 5 Common Mistakes by Independent Producers with Film Financing
Failing to negotiate hard enough on their talent deals: Dealing with talent agencies can be challenging for an independent producer, who may be less able to negotiate the cost of their above-the-line talent cost.
5 Characteristics of a Great Production Accountant
The Right Experience: Experience working on similar projects at similar locations is essential.
Advantages and Disadvantages of a Loan-Out Company
While the term “loan-out company” is frequently used in the entertainment industry, fully understanding the advantages and disadvantages of loan-out companies is important.
We look forward to sharing more stories in future issues and welcome your comments and feedback.