David Rosenthal: belief

Transcript context

…Which dramatically changes the studio's financial position. Yes, yes. Now, it is a bit of a misconception that the profits from Snow White, the film itself, would end up paying for the new Burbank studio that Walt is about to construct. That's not entirely true. I think most of the film profits from Snow White went to repay all the loans to Bank of America. Yes. So listeners, it's worth diving into a little bit of the complexity of how each of the parties in the value chain of making and distributing movies work. There's the studio, like Disney, who makes the actual movie. There's a distributor, like United Artists or RKO, who does a lot of stuff.…

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