Success Stories

Clients were a loan out corporation for a major Hollywood producer and the successor-in-interest to the producer’s contingent compensation interest in a specified television project. The clients were entitled to 5% of the project’s “net profits”. The project became a huge financial success. However, unbeknownst to the client, the defendant studio was only reporting to the client its contingent compensation share based upon 20% of the film’s gross home video revenue versus 100% of the revenue. Upon completing a forensic audit of the studio’s books and ledgers related to the project, the parties were able to settle this matter for cash and a significantly higher royalty rate on all future home video revenue.