Tim Allen says one conversation made Trump walk away from Hollywood movie investing

Tim Allen reveals President Donald Trump decided against Hollywood movie investing after comedian explained financial risks during "Club Random with Bill Maher" podcast appearance.

Christina Dugan Ramirez is an entertainment writer for Fox News Digital. 

"He says, 'If we got a studio together, let's say the movie costs a million six or a million twenty.' And then I said, ‘You've got to double that at least for the promotion. So you got 210 into a movie, two hundred million into a movie.’ He goes, ‘What if the ticket sales are low?’ ‘You lose.' And he goes, ’But you got to make up the loss somehow. How do you make up the loss?' I said, 'Well, there'll be some tax benefit, but you lose the money. That's how come the studios struggle looking for winners. You amortize your loss with losers over winners.' He goes, ‘Oh.’ Like, he completely decided at that moment, I'm not going to get in this business."

"He says, 'If I buy a bad building and it won't sell, I still have the f---ing building. If you have a sh---y movie…' This is not an easy business."