“Dumb money” used to be a big joke in Hollywood. Rich folks who wanted to rub shoulders with glamorous stars would throw money at Hollywood and for some reason, their films never made any profit. Blame “creative accounting.” Eventually, they would slink back to the safer waters of Wall Street.
Today’s billionaires are much smarter about their Hollywood investments. They’re not just in it for the glamour, they’re in the game to make money and create quality films. * Source