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financial features

The Bucket List Family’s Crowdfunding Success Is Creating a Blueprint for Creators

Wearing a blue sun-patterned bandana and gray T-shirt, Garrett Gee sat in front of a camera to tell his fans why they shouldn’t invest in his company. The unusual pitch was about a new venture based on The Bucket List Family, a travel and lifestyle Instagram account and YouTube channel that documents the nomadic life […]

Hollywood Union Pay Bumps Lag Behind L.A. Cost of Living — Will That Change?

Even before the ink dried on two major IATSE and Teamsters Local 399 contracts at the end of 2021 and start of 2022, members of the unions — which collectively represent a significant portion of union crewmembers in the Los Angeles area — were fretting about climbing consumer prices. But especially now, after inflation hit 40-year […]

Marvel, DC Among Last Bastion for Supersized Paydays

A decade after Robert Downey Jr. earned $50 million for the first Avengers, stepping into a superhero costume remains one of the last ways for an actor to earn a major payday. With rare exception, even A+ stars aren’t making what they used to, as first-dollar-gross deals and massive backends have become little more than […]

Salary Survey: What Hollywood Earns Now, From Stars to C-Suite Execs

As streamers grapple with the economic realities of writing overinflated checks to lure talent, and the pandemic has made studios more comfortable with the idea of day-and-date releases, the days of an eight-figure home run for talent and creatives are likely gone for good. Now, industry insiders say shifting pay models are causing a “gold […]

Richard Feldstein: A Rock Star Business Manager

Depending on whom you ask, career aptitude tests can be perceived as valuable psychological tools or dressed-up BuzzFeed quizzes. In Richard Feldstein’s case, it doesn’t matter which is true, just that the one he took decades ago at the UC Berkeley career center happened to be right. “My father passed away when I was 11. […]

Hollywood’s Top Business Managers of 2022

From making smart choices in the stock market to building a business empire, THR’s annual list of Power Business Managers highlights the people keeping finances on track for the entertainment elite. Profiles written by Winston Cho, Kirsten Chuba, Aaron Couch, Mia Galuppo, Caitlin Huston, Katie Kilkenny, Sydney Odman, Christy Piña, Georg Szalai, Etan Vlessing and […]

Why Streamers Are Stalling on Sharing Data

Back in 2019, WarnerMedia struck a deal for its soon-to-launch streaming platform HBO Max that secured exclusive domestic streaming rights to The Big Bang Theory for five years. The pact, which sources pegged in the billions, also included an extension of an existing syndication deal with TBS in which the comedy will continue airing on […]

“Taxes Destroy Value”: Why AT&T Is Using a Reverse Morris Trust in the WarnerMedia-Discovery Deal

“Iconic brands and franchises,” “complementary assets,” “one of the largest global streaming players.” The buzzy phrases offered up to tout the megamerger of Discovery and AT&T’s WarnerMedia when the companies unveiled it on May 17 just rolled off the tongue. The same can’t quite be said about the type of deal the partners agreed on […]

Where Hollywood Is Moving

TENNESSEE There may be no better match for Hollywood expats than Music City. “There are a ton of artists and industry folks already here, says Tara Moore of Nashville, which she now calls home. “No state income tax, great education, a clean, beautiful, affordable city and nice people. It’s a dream!” Adds Alex Smith, “There’s […]

6 Hollywood Business Managers to Watch

BRETT ANDERSON Savitsky Satin Bacon & Bucci A partner at one of Hollywood’s most respected firms, Anderson’s clients include Emmy-winning showrunners, Oscar-nominated writers and top digital creators. He says limiting financial exposure through insurance is vital: “Take a hard pass on the heated rear-seat upgrade in your new SUV and use the money you’re saving […]

Divorce in the Digital Age: What Counts as Community Property?

“I Got You Babe.” That’s what Cher and Sonny Bono were singing to each other in the 1960s when they were married musical superstars. The following decade, however, the two divorced and had to split their assets. In 1978, three things happened. First, as part of the divorce agreement, Sonny assigned Cher a 50 percent […]

“Everything I Do Is Always a Risk”: Inside Logan Paul’s Investment Endeavors (Including a $1M Pokemon Card)

For the past eight years that Logan Paul has been in the public consciousness, he’s been many things: a Vine turned YouTube star; an online influencer; a boxer; and a seemingly endless source of social media controversy. But recently, Paul has been diving deeper into an unexpected part of his brand: digital currency entrepreneur. He […]