Insane Studio Accounting: Warner Bros Claims $167 Million Loss Over Harry Potter and the Order of the Phoenix
Posted on Tuesday, July 6th, 2010 by Adam Quigley
The Twilight gang has it right: if you’re going to be earning a percentage of a film’s profits, make sure it’s from the theatrical gross, and not the net profits.
Certain members of the cast and crew of Harry Potter and the Order of the Phoenix haven’t been so lucky though, as a leaked accounting statement from Warner Bros. clearly demonstrates. The film made over $938 million worldwide—almost a billion dollars—but if you were to believe the below numbers, the film hasn’t made any profit at all.