Welcome to the first issue of our 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

• Accounting Rule Changes Could Impact Your Bottom Line – As media technology evolves, companies are seeing changes in their revenue sources. Gone are the days of revenue coming exclusively from ticket sales and home video. Now companies need to account for revenues from online streaming, file sharing and other forms of virtual entertainment. This article explains how changes to the accounting rules affect impacting deals and financing and when they will take effect.
• Meet Steven Sills – A partner at GHJ, Steve has over thirty years of entertainment accounting experience. In celebrating the fourth year anniversary of the merger with GHJ, we had the opportunity to interview Steve to learn more about his passion for entertainment, his start with participations accounting and his views on the state of the entertainment industry.
• LA Stage Alliance Ovation Awards – The LA Stage Alliance has been supporting those live events and their performers for over 20 years. Read more about their signature event, the Ovation Awards, which honors stage performers in Los Angeles.
• 26th Israel Film Festival – The Israel Film Festival brings together participants of Israeli film and television from all over the world to connect the growing Israeli film sector with American audiences and the Hollywood community.