Are Uwe Boll Movies Bad… on Purpose?
An interesting Uwe Boll fact was brought to my attention tonight. Because of a loophole in German law, he is getting money from investors to make bad movies, then when they bomb, they can write off the expense. and digging a bit deeper, I found this information in Uwe Boll’s wikipedia entry entry:
Essentially, Boll is a modern-day director. He’s able to secure the investors (mostly German, in Hollywood often derisively referred to as “stupid German money”), secure the rights for cheap, picking games with only moderate brand recognition, does all of the actual production himself, and swiftly cranks out a movie. While under normal circumstances a director’s movies could gross so little he’s eventually shut out from every operating studio, Boll is exempt because he funds them under a loophole in German tax law that is supported by contributors and actually rewards movies that perform badly, via a writeoff at the end of the year.
It has been recently reported that the loophole in German tax law has been revised. Starting January 2006, contributors to failed films will no longer be able to profit from failed films through a tax writeoff at the end of the year. This may well result in an end to Boll’s film career, as it would make it impossible for him to capitalize on films that fail at the box office, resulting in a loss of investors.
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