One case in point illustrates the reason why many, very good writers, must work in big buildings following corporate warlords in order to survive. The author of The Cheetah Girls thought life was taking a turn for the better when Disney opted to use her stories in a movie franchise. We're talking Disney here. Deborah Gregory had visions of a debt-free world where she could actually live off her craft. See link
What wonder of wonders, her creation, The Cheetah Girls, had actually hit the big time. Now, as time has passed and merchandising has hit an all time high, Deborah Gregory has yet to see her riches! It turns out that Hollywood accounting is so creative that it baffles the mind. The corporations behind the movie/book franchise is covered but not the creative genius behind it. To think that during the writer's strike, there were those who actually accused the writers of being greedy. We need to have the accounting books, for writing related franchises, laid out for all to see. People would be amazed at how much the corporations are making off the creative minds who feed them the ideas that make them rich. The profit is sometimes funneled into the expense and overhead category. Those who work for the corporation could, say, go to Macy's and buy a new wardrobe. Then, they could write off the cost as a work-related expense. This happens more often than most people realize. The problem isn't just the questionable expenses, though. The problem is that once the money is pushed through the accounting funnel, there doesn't seem to be any left for the creative mind that started the whole thing to begin with.
Elusive literary works awaiting the eclectic reader.
Friday, February 15, 2008
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2 comments:
Hey,
This is another very good reason to have an agent - someone to protect your rights as a writer from the get-go. An agent knows the kinds of things to look for in a contract that can really "cheat" the writer. Many writers don't know what to look for in a contract and they get "taken."
Suzanne Lieurance
The Working Writer's Coach
http://www.workingwriterscoach.com
"When Your Pen Won't Budge, Read The Morning Nudge"
I agree with Suzanne: this is a prime example of why writers need good agents. It's shameful that the creator of an entire franchise can be locked out of the profits. Shameful and ridiculous!
VG
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