Chapter 40: Former British Agents
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"The new work is still a hot and exciting action movie. As for the specific content? You have to wait until the film is released and you will go to the theater to watch it yourself."
Facing many reporters, Duke still had the same calm expression and answered their questions in the most appropriate way, "Why choose Warner Bros.? Because Warner Bros. is my favorite film company. They have a long history, mature concepts and rigorous systems, and are the coveted partners of every film director..."
This is the signing ceremony between Duke and Warner Bros. It is completely different from the situation in "Life and Death". Warner held a press conference for this, with more than 50 journalists present. The name Duke Rosenberg is not unfamiliar with these journalists who specialize in entertainment.
Of course, this is to promote the movie!
Since Duke signed the agreement, Warner Bros.'s publicity work has been ahead. News about "Brave the Deadly Island" has appeared in the newspapers and magazines of Warner Group. Many national tabloids have also hyped that Keanu Reeves will continue to play the leading role in the film, and the heroine has locked in candidates such as Julia Roberts and Judy Foster...
As long as those who are concerned about entertainment and movies can notice that a movie called "Brave the Deadly Island" is about to begin shooting, it will achieve the purpose of early publicity.
As for the male and female protagonists in the film, it must have nothing to do with the candidates hyped by the media. Besides, there is no heroine in this film.
“How does it feel to be watched by the media?”
As soon as he walked into the lounge behind, Duke heard Sophia's iconic voice, shrugged, and said, "I would rather sit behind the monitor..."
The crew's preparations have begun. Duke did not stay in the hotel where the signing ceremony was held for too long, and rushed to the Warner Bros. headquarters.
Today is more for publicity, and the formal contract was actually signed yesterday.
As Duke hoped, he received one-fifth of the film's investment, or $10 million, and served as director, screenwriter and executive producer, with a total personal salary of $3.5 million. Sophia Coppola, Zach Schneider, Mike Dawson, Robin Grand and John Schwartzman also passed the Warner Bros.'s relevant assessment and will serve as assistant director, first deputy director, editor, second producer manager and photography director respectively.
These are actually the first contents to be finalized in the negotiations. After all, their personal abilities are not a problem, and the longest time in negotiations is naturally the investment income sharing of Duke's Duke Studio.
The film mainly includes three-party investment, Warner Bros. Financing, Duke Studios and Malibu's AUG Movie Fund. In addition, there are some small investors. In order to ensure that they can be completed and released, Warner Bros. also insured with AIA, the United States, and introduced them as a third-party completion guarantee for the film.
To be honest, Duke doesn't like to introduce third parties because many things during filming need to be reviewed by the other party, but this is the most common film production system in Hollywood and cannot be fought against by individuals.
The investment composition of Hollywood movies is very complex and often involves pre-sales. If there is no third-party insurance company as a guarantee, investors, including overseas publishers with prepaid fees, should they believe that the film can be released? If the film is abandoned halfway, wouldn’t their investment be wasted?
There are by no means a few such examples, so a third-party insurance system emerged.
Investors and prepayers will not hand over the funds directly to the film company or crew, but will be supervised by a third-party insurance company. Each expense of the crew will be strictly reviewed. If the project ends in the end without completion, the third-party guarantee company will find ways to complete the construction or compensate for the related losses.
In short, this is a very complex and complete system and an important guarantee for the normal operation of the Hollywood film system.
Even so, in the past, present and future, it is not uncommon for Hollywood production companies and crew to cheat investors' funds together.
For directors, it will definitely not feel particularly comfortable to have a third-party review stuck on it, but let alone Duke now, even Spielberg and James Cameron will have to operate their own movies under this system.
According to news from Duke, there are more than a dozen small investors in "Brave the Deadly Island" who invested hundreds of thousands of dollars, which can also indirectly reflect that after the success of "Life and Death Hour", the investment market still has some confidence in him as a director.
As for how Warner Bros. share their share with them, that is the business secret, and Duke doesn't care. He just needs to pay attention to the benefits he can get.
The Duke Studio occupies one-fifth of the film's investment and deserves one-fifth of the film's revenue share. From the surface of the signed share agreement, this is indeed the case.
One fifth of the global net box office revenue of the film and one fifth of the transfer of rights to TV and videotapes, this is the income that Duke Studio can get. As Nancy said, these are all short-term revenues. According to the contract, Warner Bros. must pay it within half a year in the film's second-stage schedule in the future.
The subsequent video of TV and videotape sales commissions, as well as other peripheral revenues, have nothing to do with Duke Studios.
In addition, once the share is received, the Duke Studio must automatically give up the corresponding copyright brought by the investment, and Warner Bros. will own the full copyright of the video, including the sequel copyright.
Foreign investors do not obtain copyright, which is also Hollywood's default rule. Duke can of course object, but this touches the bottom line of Warner Bros. Not only Warner Bros., Hollywood's second- and third-tier film companies will not allow simple investors to share the copyright of the film.
You should know that some films, when watching box office or peripheral revenue, were completely a loss of money, but as long as the copyright was in hand, film companies could obtain long-term profits. Since Star Wars, the most significant change in Hollywood has been that the reliance on box office has been greatly reduced, and the benefits brought by related copyrights have increased significantly, and the trend of increase in recent years has become increasingly greater.
The reason why the traditional six or seven giants are Hollywood giants is not only because they have complete distribution channels, but also because they have thousands of copyrights for films.
The six majors can share copyright, and even second-tier film companies, but the newly established Duke Studio should be forgotten.
Duke had no intention of making a splash in the copyright, he wanted the box office and the share of the TV and video tape. If the film could get the expected profit, it would be enough for the Duke Studio to produce beautiful accounts.
Of course, Duke will not overestimate Warner Bros. The agreement will naturally involve the entire process of preparing, shooting, production, promotion and payment collection of the film.
In fact, it is not easy to get this profit from Warner. Duke not only took the initiative to compress his salary, but also signed a 1+2 agreement with Warner, which means that Warner Brothers has the priority investment and distribution rights for his last two films.
When we arrived at Warner Bros., Duke went straight to a large conference room. At present, the crew's staff who signed the agreement were temporarily concentrated here and are discussing the next work.
The producer of the film is Jeff Robinoff himself, with the first producer being Warner Bros. Charles Rowan, the representative of Warner Bros. The second producer is Robin Grand. In addition, Duke, the director and executive producer and the financial supervisor of the insurance company, constitutes the first floor of the crew of "Battle of the Deadly Island".
The meeting was held between them. After listening to a bunch of dizzy numbers from third-party representatives, they needed to determine key positions such as art guidance, sound design, sound guidance, action guidance, firework explosion, etc. among Warner Bros. inspections and those who want to apply.
Unlike George Lucas who made the decision in "The Speed of Life and Death", Duke needs to participate throughout the process and must find out the people whose ideas are similar to his own, especially the fireworks explosion. The technology of the team last time was really average.
As a good player in this field, he naturally knew the names of several of the top teams in Hollywood. Unfortunately, most of them are still unknown and no relevant names are seen on the list.
“The fireworks team will be put on hold first,” Duke advised. “I need top fireworks men, and I want to talk to the applicants in person.”
Others have no objection, and the choice of each job requires a process.
"About the cast of several main characters, do you have any suitable audition recommendations?"
On the other hand, Charles Rowan, who is a producer, took the lead in saying, "Tom Cruise is very interested in Gusby, but his agent requires that the role must be modified..."
He looked up at everyone, "Well, although he has a good box office appeal, it's better to exclude him."
"I'll recommend a few audition candidates."
After making a gesture to Sophia, Duke asked her to send the information she had prepared in advance to everyone, "Stanley Gusby, I suggest Nicholas Cage, General Hammer, I think Ed Harris is very consistent with my image."
Nicholas Cage and Ed Harris have worked hard in Hollywood for many years and have starred in many films. Their acting skills are definitely not a problem, and Duke is not worried about this.
He did not say that after the film was launched, Nancy proposed to let Naomi Watts play Gusby's fiancée. This irrelevant vase role, the cast candidate is not important, and Duke has no objection to this.
"You forgot an important role..." Robin Grand looked at Duke, "John Mason's candidate."
"Former British agent." Duke spread his hands and looked at the smiling people and said, "Is there a more suitable candidate?"
"Shaan Connery, no one is more suitable than him!"
"But Sean Connery has a bad temper, an impulsive personality, and an addiction to alcohol and medicine, which is notoriously difficult to deal with!" Some people are worried.
"Let's get in touch first," said Charles Rowan. "After the meeting, I will send a formal invitation to the CAA."
CAA?
Duke then realized that he had overlooked a problem. Sean Connery is not only a CAA contracted actor, but also the oldest one! (My novel "Hollywood Production" will have more fresh content on the official WeChat platform, and there is also a 100% lottery gift for everyone! Open WeChat now, click the "+" sign in the upper right to "Add Friends", search for the official account "qdread" and follow, hurry up!)
Chapter completed!