Use Free Cash Flow to Avoid Hollywood Accounting
August 22, 2023 at 11:30 AM EDT
In the entertainment industry, there’s a term known as “Hollywood accounting.” It is the practice of manipulating how profitable (or unprofitable) a movie, show, or record album is through creative bookkeeping methods. This practice can inflate or reduce costs, allowing film studios to claim bona fide blockbusters as flops. It’s not just Hollywood that engages [...] The post Use Free Cash Flow to Avoid Hollywood Accounting appeared first on ETF Trends .