This book deals with the industry as it is TODAY. It's much needed. I have been working in the entertainment industry for 7 years, mainly producing lower budgeted content. I took Jeanette Milio's finance class at UCLA this year. She recommended this book with the course. I am so glad I bought it because it literally became my "bible". Everything you need to know about making movies, very step to take -from script to screen-, is explained in there in much detail. I very much enjoyed the sections to do with optimizing one's profit, mitigating the financial exposure, and choosing the right project to get green-lit. The book is very well written, and it has a gentle and entertaining tone, which I truly enjoyed.