Film and Television
Theatre and Entertainment
Withum’s Theatre and Entertainment Services Team provides accounting, attest, tax, and advisory services to a wide variety of clients in the industry. Our team’s leadership group alone boasts more than 100 combined years of experience servicing clients in the Theatre and Entertainment space. Our specialized knowledge helps us maintain an elite client base of theatrical, film, music, and other entertainment clients.
Our Theatre and Entertainment Industry Expertise
Theatre and Entertainment Services
- Strategic business planning – including offering document review and consultation
- Tax planning – including Federal, state and local, and International
- Tax credit incentive analysis and certification
- International expansion
- Budgeting and projections
- Business succession planning
- Estate planning
- Due diligence and related merger & acquisition services
- Business valuation
- Audit and attestation services
- Compliance with federally funded programs
- Agreed upon procedures
- Outsourced Accounting Systems and Services (OASyS)
- Internal controls review
- Cybersecurity assessments
- Employee compensation and pension plans
- Dispute resolution and litigation support
- Digital solutions and software implementation
Theatre and Entertainment Insights
Fine Print and AI: Examining Google’s Position on YouTube Training Data
As the music industry continues to fine-tune its approach to generative AI, the value attributed to training data is increasingly recognized, negotiated and realized through lawsuit settlements and emerging partnerships. While the central issue in most of these cases has been whether the platforms’ purported use of copyrighted materials constituted infringement or fair use, Google…
Audit Preparation for Non‑Profit Theatres
Non‑profit theatres operate in a world where creativity meets complex financial operations. Between ticket sales, grant reporting, union payroll, production costs, and in‑kind donations, these organizations manage a financial landscape unlike any other. When audit season arrives, the pressure can intensify quickly, especially for teams already stretched thin. As an outsourced accounting CPA who supports…
Building a Content Calendar
Many content creators don’t start trying to build a business. You post, you grow an audience, you land a brand deal, and suddenly money comes in from multiple places. Income becomes unpredictable, expenses pile up, and taxes feel confusing and overwhelming. You might have a “great year” online yet still feel broke or shocked by…
Universal Music Group and Spotify Partner on AI: A Familiar Song with A New Tune
The announcement on May 21, 2026, that Universal Music Group (UMG) and Spotify are partnering on a new AI-powered music initiative is one of the latest advancements at the intersection of artificial intelligence and the music industry. And yet, something about it strongly echoes a past deal between the two, when they also joined forces…
Tax Deductions for Entertainers: Guidelines for Deductible Expenses
Performers and creators face unique financial and tax considerations due to the dynamic nature of their professions. While many expenditures seem essential to maintaining a successful career, not all qualify as deductible business expenses under U.S. tax law. The IRS scrutinizes deductions claimed by those in creative professions, and court decisions have further defined the…
Why Theatre and Entertainment Companies Choose Withum
Our team’s vast experience in the entertainment industry enables our clients around the globe to benefit from our expertise and the continuity of our engagement teams has allowed us to develop a strong rapport with those we serve over time, which is crucial to any business relationship. We have mastered the unique accounting rules and regulations affecting the entertainment industry at the federal, state, and international levels.
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