How do movies and TV shows make money?
September 26, 2024 – Media MentionEntertainment Partner Sky Moore was featured in a Scripps News segment in response to the question: How do movies and TV shows make money?
Excerpts:
"For TV, it's the Netflix, Amazon, Disney Plus, Paramount. It's the streamers that buy it, and they pay for it and it's theirs," said Sky Moore, an entertainment attorney and partner at Greenberg Glusker. "For films, you're really either going to the streamer and selling it, or you're hoping that it does well theatrically."
Moore says streaming and the loss of revenue from DVD and Blu-ray sales makes show business all the more risky.
"Unfortunately, 80% of the time, they lose money, and it's the winners that make up for the losers," Moore said.
"It's a very hungry, hungry industry for capital, that's for sure," Moore said.
