Negative Cost (Entertainment Law) Law and Legal Definition
Negative cost means the actual cost of producing and shooting a film. It also includes the cost incurred for manufacturing a completed negative. It is the costs incurred up to the production of the completed or final negative. Negative cost does not include the costs of prints or advertising. However, it may include overhead expenses, interest, and other expenses, which may increase the amount beyond what was actually spent to make the film. Promotional or advertising expenses may be greater than the negative cost in the case of some low budget films.