I wonder if there's still a variation of the collapsible corporations still in existence. MOW (movies of the week) are made under the umbrella of bigger production companies, but each one is listed as a separate business with the name of the movie+productions. Many are made in Canada, so perhaps, it's a Canadian thing, even though a lot of the production companies are from the USA. I may have answered my own question.
I found this to be fascinating. Like you, I grew up watching Happy Days.
I also write screenplays, including one that's been greenlit. The producer formed a new corporation specific to the film. I think the difference is Groucho Marx and others tried (and succeeded) in taking their compensation as cap gains vs straight up income.
I wonder if there's still a variation of the collapsible corporations still in existence. MOW (movies of the week) are made under the umbrella of bigger production companies, but each one is listed as a separate business with the name of the movie+productions. Many are made in Canada, so perhaps, it's a Canadian thing, even though a lot of the production companies are from the USA. I may have answered my own question.
I found this to be fascinating. Like you, I grew up watching Happy Days.
I also write screenplays, including one that's been greenlit. The producer formed a new corporation specific to the film. I think the difference is Groucho Marx and others tried (and succeeded) in taking their compensation as cap gains vs straight up income.
looking forward to your movie project
gotcha