14. Movies Based on Novels Attempt to Scam Authors Out of Millions
Some of the greatest movies out there right now are based on novels. The Hunger Games, Divergent, Harry Potter, Jurassic Park, The Jungle Book, and The Martian were all based on best selling novels and novel series. These movies have all made fortunes and you’d certainly expect that the authors of these novels would have made fortunes off of them, but that isn’t always the case. It’s actually fairly frequent that authors are taken advantage of and lose the financial benefits of their stories. The most famous case of writers being taken advantage of is that with Forrest Gump; though author Winston Groom was paid an initial fee for screenplay rights, Hollywood accountants found a way to keep further revenue from leaving producers’ and studios’ hands and going into his. About a decade after Forrest Gump came out, Groom finally got some residual earnings. This is a fairly common occurrence, though, and authors are commonly made victims of these accounting loopholes.
Discussion about this post