| re: Post reporting Comet investors are demanding an audit! They are right ... | |
| Posted by: NewtonUK 07:42 am EDT 08/16/17 | |
| In reply to: Post reporting Comet investors are demanding an audit! - Naughty_Rob 06:59 am EDT 08/16/17 | |
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| If the Post is even close to accurate, the show's running costs balooned from $545,000 to $700,000. OK. Lets assume the running costs were that high from day one. Their average adjusted gross (not the reported gross gross) for 43 weeks of the run was $980,000 a week. So the show should have averaged a return of around $250,000 a week, conservatively - for 43 weeks. Do the math - weekly surplus of $250K, 43 weeks = $10,750,000. A 76% return. Not 20%. A 20% return means that the show has only earned back $2,800,000. That would mean that the average weekly net operating profit was only $65,000. There is no way that is true - unless the show was actually spending around $900,000 a week. Investors certainly have the right to say WTF - especially after the recent mismanagement of casting, and inability of producers to find a way to keep a show grossing around $1 million or more a week from simply dissolving overnight. |
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| Previous: | re: Post reporting Comet investors are demanding an audit! - ryhog 05:11 pm EDT 08/16/17 |
| Next: | Only 60% of that above weekly cost goes to investors - dramedy 04:22 am EDT 08/17/17 |
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