Verdicts, such as Celador, have sent a message to artists to look more closely at profit statements to see if they're getting fair accountings, Silberfeld said.
The high-profile $320 million verdict against ABC and Buena Vista Television last year has helped change the way the entertainment community is viewing profit-participation deals, said Silberfeld, who was lead trial counsel for Celador International Ltd. in the dispute.
Reprinted with permission from the Daily Journal. ©2011 Daily Journal Corporation. All rights reserved.
