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    The Diminishing Value of ₦100: A Reflection on Nigeria's Inflation

    The Diminishing Value of ₦100: A Reflection on Nigeria’s Inflation

    ATM Fees - Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    ATM Fees – Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    Why Nigeria Must Break Free from its One-city Economic Model

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    Reviving the Naira: Why Nigeria Must Produce More and Import Less

    Reviving the Naira: Why Nigeria Must Produce More and Import Less

    Atiku, Obi, and El-Rufai: A New Political Force or Another Failed Alliance?

    Atiku, Obi, and El-Rufai: A New Political Force or Another Failed Alliance?

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    P-Square Family Feud: Jude Okoye Arrested for ₦1.3 Billion Fraud

    P-Square Family Feud: Jude Okoye Arrested for ₦1.3 Billion Fraud

    the largest music market in Africa

    What is the Largest Music Market in Africa?

    What is the Ranking of Nigeria's Music Industry in the World?

    What is the Ranking of Nigeria’s Music Industry in the World?

    how do I get Netflix to fund my film as a Nigerian?

    How Do I Get Netflix to Fund My Film as a Nigerian?

    can I sell my movie to Netflix as a Nigeria?

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    how to attract and secure sponsors for your film

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    8 Ways to Protect Your Business from Cyber Threats

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    These 5 Africa’s Billionaires Are Getting Richer - Here’s Why

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    How to Save Money in Nigeria Despite High Inflation

    How to Save Money in Nigeria Despite High Inflation

    Top 5 Countries Nigeria Import Goods From

    Top 5 Countries Nigeria Import Goods From

    The Diminishing Value of ₦100: A Reflection on Nigeria's Inflation

    The Diminishing Value of ₦100: A Reflection on Nigeria’s Inflation

    ATM Fees - Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    ATM Fees – Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    Why Nigeria Must Break Free from its One-city Economic Model

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    “You did your best. You are part of a team that brought home a silver medal which we last won at AFCON 2000" Senator John Owan Enoh encourages Iwobi

    “You did your best. You are part of a team that brought home a silver medal which we last won at AFCON 2000″ Senator John Owan Enoh encourages Iwobi

    "I understand how it feels giving you a disappointing night" Nwabali emotional as he apologizes to Nigerians after Super Eagles' lost to Ivory Coast

    “I understand how it feels giving you a disappointing night” Nwabali emotional as he apologizes to Nigerians after Super Eagles’ lost to Ivory Coast

    "I just wanted to make nigerians happy, i want them to feel good," - Super Eagles Goalkeeper, Stanley Nwabali speaks (VIDEO)

    “I just wanted to make Nigerians happy, i want them to feel good,” – Super Eagles Goalkeeper, Stanley Nwabali speaks (VIDEO)

    Ngozi Okonjo iweala Super Eagles

    “Let’s get it done” – Okonjo-Iweala urges Super Eagles to defeat South Africa

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    Adapting to the Varied World of Tennis Court Types

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    These 5 Africa’s Billionaires Are Getting Richer - Here’s Why

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    How to Save Money in Nigeria Despite High Inflation

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    Top 5 Countries Nigeria Import Goods From

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    The Diminishing Value of ₦100: A Reflection on Nigeria's Inflation

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    ATM Fees – Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

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10 high grossing films that shockingly didn’t make profit

Paulinus O. by Paulinus O.
September 22, 2015
in Entertainment
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10 high grossing films that shockingly didn’t make profit
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10 High Grossing Films That Shockingly Made No ProfitHigh grossing films: So far in 2015, four films have earned well over $1 billion dollars at the box office and numerous box office records have been broken. Last year, there was ‘only’ one film that broke $1 billion, but numerous other films earned just shy of the billion mark. In fact, every year since 2008 has yielded at least one film that has broken the $1 billion barrier. 

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With this much money being spent by the watching public, Hollywood studios should be swimming in more money than Scrooge McDuck. Or so you thought.

Big Hollywood blockbuster films will in fact lose money most of the time. This is usually made possible by a number of tricks, such as mysterious ‘net profit formulas’ in which a film’s budget and earnings are tinkered in such a way that it is impossible to earn a profit. Another popular trick is to spend excessive amounts of money on ‘marketing, promotion, and distribution,’ which essentially means studios pay money to themselves and write it down as an expenditure. Due to this ‘Hollywood Accounting,’ films that have cleaned out the wallets of the viewing public have somehow managed to still not make any profit.

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Here are 10 films which have earned more than what you could spend in five lifetimes and yet have still not managed (on paper) to get out of the red.

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