The Profits of War

JimK at Moorewatch looks at the money that Michael Moore received for his film 9/11 and comes to an interesting conclusion:

Michael Moore, war profiteer
$21 million buys a lot of baseball hats and sweatpants, huh?

Fahrenheit 9/11, now an event, took in more than $228 million in ticket sales worldwide, a record for a documentary, and sold 3 million DVDs, which brought in another $30 million in royalties. After the theaters took their share of the movie�s gross (roughly 50 percent) and distributors deducted the marketing expenses (including prints, advertising, dubbing, and custom clearance) and took their own cut, the net receipts returned to Disney were $78 million.

Disney now had to pay Michael Moore�s profit participation. Under normal circumstances, documentaries rarely, if ever, make profits (especially if distributors charge the usual 33 percent fee). So, when Miramax made the deal for Fahrenheit 9/11, it allowed Moore a generous profit participation�which turned out to be 27 percent of the film�s net receipts. Disney, in honoring this deal, paid Moore a stunning $21 million. Moore never disclosed the amount of his profit participation. When asked about it, the proletarian Moore joked to reporters on a conference call, �I don�t read the contracts.�

I defy anyone to find another person that made more money off the war in Iraq. I mean an individual, not a company. Moore made $21 mil for his pocket. Name someone who made more than that.

A very good point -- corporations helping out certainly made more but individuals? I do not think so... I wonder how much Mr. Moore is giving to charity this year.