v3.25.2
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Principles of Consolidation (Policies)
3 Months Ended
Sep. 30, 2024
Policies  
Principles of Consolidation

Principles of Consolidation

 

The Company evaluates the need to consolidate other entities based on the guidance set forth in ASC 810, Consolidation (“ASC 810”). To that extent, the Company will consolidate entities in which it has a controlling financial interest based on the guidance in the ASC topic. As of September 30, 2024, Rivulet Entertainment, Inc. consolidated included the following wholly owned subsidiaries:

 

 

Entity Name

Year of Incorporation

Percentage Ownership

 

Nutcracker, LLC

2023

100%

 

Kicklight, LLC

2023

100%

 

Good News, LLC

2021

100%

 

Please Baby Please LLC

2020

100%

 

Mistress Movie, LLC

2020

100%

 

LAC2 Productions, LLC

2022

100%

 

Acolyte Productions, LLC

2022

100%

 

Storyland Productions, LLC

2021

100%

 

Da Vinci, LLC

2023

100%

 

Garden, LLC

2023

100%

 

Storyland Animation, LLC

2021

100%

 

Rivulet Media Ventures, LLC

2023

100%

 

The Dink Productions, LLC

2024

100%