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Perspective

Apr. 1, 2009

Creative Studio Heads Can Be Both Risky and Rewarding

In "Dealmaking in the Film and Television Industry," attorney Mark Litwak arms filmmakers with information that could help save thousands of dollars in legal fees.

By Mark Litwak

Hollywood suffers from many of the same problems that plague other American industries. Professional managers have taken the reins of control. They are better-educated than their predecessors but often lack their entrepreneurial zeal and willingness to take risks.

Entrepreneurs who start businesses often don't have the desire or management skills to run a large organization. Inventors, like Steve Wozniak, may find it more satisfying to tinker in t...

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