Funny how we never hear about how evil and "greedy" the
Hollywood corporation giants are.
But then, we know who they suck up to and fund in the elections.
Hollywood Teaches Wall Street a Lesson in Corporate Welfare
Media companies rake in about $1.4 billion yearly from state tax credits and rebates
"...Media companies nab about $1.4 billion annually in tax incentives that 40 states offer for TV and film production, according to a report this year by the California Legislative Analyst's Office. Most provide either rebates or tax credits that offset a percentage of their production costs.
Recipients last year included such box-office blockbusters as "American Hustle," "12 Years a Slave" and, lo, "The Wolf of Wall Street." New York taxpayers covered 30% of "Wolf's" postproduction and below-the-line (i.e., labor, construction, crew) costs. The Empire State Development office didn't respond to our request of how much "Wolf" and other films collected, but the film had a $100 million budget—and grossed nearly $400 million world-wide…."
Allysia Finley: Hollywood Teaches Wall Street a Lesson in Corporate Welfare - WSJ
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Big Eight (film studios)
From Wikipedia, the free encyclopedia
For other uses, see Big 8 (disambiguation).
The Big Eight refers to the eight corporations that own the Big Ten, the ten major Hollywood movie studios:[citation needed]
News Corporation - owns 20th Century Fox
The Walt Disney Company - owns Buena Vista, Walt Disney Studios. Previously owned Miramax/Dimension Films.
Viacom - owns Paramount Pictures
Sony - owns both Sony Pictures and MGM (Metro-Goldwyn-Mayer).
Time Warner - owns both Warner Bros. and New Line Cinema.
NBC Universal - owns Universal Studios
See also:
Big Four - the four major music corporations: EMI, Sony-BMG, Universal, and Warner (originally the Big Five, but Sony and BMG merged)