Mpaa To Fight "Fair Market" Bill

0
0

A bill that would have the effect of barring studios from selling movies to their sibling TV or cable networks for less than their fair market value was approved by a California senate committee on Tuesday and now moves on for consideration by the senate as a whole. Senator Sheila Kuehl, who authored the bill, said, "Studios should not be allowed to undervalue their products in sweetheart deals with their own parent company and cost creative talent and crew members their rightful share in residuals and contributions to health and welfare funds." The bill was applauded by Writers Guild of America President Patric Verrone, who said that it would end a "Hollywood accounting technique" that has hurt the talent community. However, the MPAA called passage of the bill "regrettable," saying it would upend "successful business practices that have made the entertainment industry a vital engine in the California State economy."




09/04/2008


Contactmusic
0
0
Advertisement

Editors Recommendations

'American Sniper' Is a Late Arrival to the Oscars Party

The heart-pounding teaser trailer for American Sniper had so much promise that perhaps a current...

'American Sniper' Is a Late Arrival to the Oscars Party

Mark Ronson - Daffodils ft. Kevin Parker Audio

Mark Ronson will finally unveil his fourth album 'Uptown Special' on January 26th 2015 through...

Mark Ronson - Daffodils (Audio) Video

'The Gambler' Is Not Worth the Risk on Christmas Day

Do yourself a favour and go watch American Sniper this festive season. Or Selma. Should you...

'The Gambler' Is Not Worth the Risk on Christmas Day

Bastille - Oblivion [Live]

Bastille perform their single 'Oblivion' live on the Honda Stage at Music Midtown in Atlanta. The track followed Platinum...

Bastille - Oblivion [Live] Video

Clint Eastwood On Crucial Research For 'American Sniper'

Production for 'American Sniper' began back in May, 2012, after Warner Brothers acquired...

Clint Eastwood On Crucial Research For 'American Sniper'

James Corden to Receive OBE before Heading to America

James Corden, the comedian who rose to fame on the critically acclaimed comedy...

James Corden to Receive OBE before Heading to America

Unbroken's Release Mere Days Away, So What Are Critics Saying About Angelina Jolie's Beloved Zamperini Biopic?

The reviews are in for Unbroken and the film, directed by Academy Award...

Unbroken's Release Mere Days Away, So What Are Critics Saying About Angelina Jolie's Beloved Zamperini Biopic?

Theaters To Screen 'The Interview' as Sony Insists "We Did Not Cave"

After the news that several theaters in the U.S are to screen the controversial...

Theaters To Screen 'The Interview' as Sony Insists

Tim Burton & Helena Bonham Carter Split, Rep Confirms Former Couple "Separated Amicably Earlier This Year"

Tim Burton and Helena Bonham Carter have separated after thirteen years...

Tim Burton & Helena Bonham Carter Split, Rep Confirms Former Couple
Advertisement

Comments

Newsletter

Subscribe to this news alert service to receive news and reviews on

Unsubscribe | Unsubscribe All