Letter to the editor
To the Editor:
We all know the realities of actually seeing the percentages of participation in our agreements (“H’w’d at war with piece-niks,” Variety, Nov. 25-Dec. 1). There is pretty much next to no chance of that.
Instead, we’re besieged with the endless profit statements saying our films have made nothing, yet the companies themselves still seem to be making more and more movies. Hmm. They basically say, “Challenge us and we’ll bury you in legal termoil throughout “perpetuity.”
It’s Hollywood’s dirty little secret — but not so secret anymore.
With certain companies who these days dominate the headlines by over-inflating their budgets and basically stealing from their own financiers, it’s no wonder the film industry is often hard pressed to come off as anything less than slease. The foreign markets are basically uncheckable by talent who hold participation agreements. It’s pretty much open season on the good faith that is asked by them to reduce fees up front for the betterment of the project.
There needs to be some sort of accountability other than the good will of slime ball whose living large at the Cannes festival, diverting proceeds to foreign accounts, coming back and crying a poor market. Somebody better step up somewhere and give it some attention. The temptation is just too great and the countless artists who give their good faith do nothing but wait and wait and wait. Maybe it’s just too much of a cash cow or the fear of not having is just too much.
The author is an actor, writer and director.