| Commentary

367 Exhibition agreements--House nut 90/10

| Commentary

367 Exhibition agreements--House nut 90/10

Under this arrangement the exhibitor will recover the house nut from gross box office receipts. The excess above the house nut is split 90% to the distributor and 10% to the exhibitor.

Example 1:

House nut = £100.00

Gross box office receipts = £500.00

Exhibitor recovers house nut of £100.00. The remaining £400 is split 90/10.

Distributor will receive £360.00

Exhibitor will receive £40.00 + £100.00 = £140.00 in total.

Example 2:

House nut = £100.00

Gross box office receipts = £125.00 Exhibitor recovers house nut of £100.00 The remaining £25 is split 90/10.

Distributor

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