How can a hit television series like “Frasier” gross $1.5 billion and yet be $200 million in the red?
That’s the issue at the center of a recent lawsuit filed against Paramount Pictures by two talent agencies seeking answers to how “Frasier” — the Emmy-winning NBC sitcom starring Kelsey Grammer that ran for 11 seasons — can claim that it never turned a net profit even though it was one of the most successful shows in television history.
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