Meanings
- uncountablebusinessA form of creative accounting practiced by the entertainment industry that reduces reported profit in order to reduce owed royalties and taxes.
Supposedly, it also avoids “Hollywood accounting,” whereby a film generates a fortune in ticket sales but never shows a profit for the producer who sank millions into it.
2007, Johnnie L. Roberts, “Hollywood’s New Moguls Shake Things Up”, in NewsweekSynonyms: Hollywood bookkeeping
Synonyms & antonyms
nounA form of creative accounting practiced by the entertainment industry that reduces reported profit in order to reduce owed royalties and taxes.
Cite this entry
Hollywood accounting. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/Hollywood%20accounting
“Hollywood accounting.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Hollywood%20accounting. Accessed November 5, 2026.
WatkinsX Dictionary, s.v. “Hollywood accounting,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/Hollywood%20accounting.
Source: Hollywood accounting on Wiktionary, CC BY-SA 4.0.