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LVZ

(937 posts)
Sat Feb 25, 2012, 08:56 PM Feb 2012

Hollywood version of Agri-Business tax subsidies to NOT PRODUCE - Universal / Star Trek

http://normanspinradatlarge.blogspot.com/



What I have recently learned is that the reason for this is that as long as the studio can claim that the BUG JACK BARRON project is technically “active” they can use it as an overhead deduction for tax purposes. This does not only apply to BUG JACK BARRON but to scores, perhaps hundreds, of “ghost projects” at Universal, and who knows how many industry-wide. Scores of millions of dollars of tax deductions are involved in this shady though apparently legal tax scam, maybe even hundreds of milions.

Which is why Universal has stone-walled agents, producers, directors, myself, and so forth demanding that they produce a copy of the contract--the underlying one with Gary Weis--giving them the film rights to BUG JACK BARRON in perpetuity, namely because they can’t. Instead they claim they don’t have too.
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Hollywood version of Agri-Business tax subsidies to NOT PRODUCE - Universal / Star Trek (Original Post) LVZ Feb 2012 OP
Where does Star Trek fit into this? arcane1 Feb 2012 #1
The author's screenplay was originally written as a Star Trek episode. LVZ Feb 2012 #2
 

arcane1

(38,613 posts)
1. Where does Star Trek fit into this?
Sat Feb 25, 2012, 09:08 PM
Feb 2012

That being said, I read that the reason Spider-man is being rebooted again is because failure to do so would mean the rights to it go back to Marvel. Same kind of thing.

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