I'm in Hollywood

Chapter 147 - Trying Another Method

Chapter 147 - Trying Another Method

Eric had kept looking down at the documents in front of him. In fact, he was slightly distracted. He also thought about «Batman». Although the first «Batman» was a great success, in his memory Warner started down the endless hole that was the «Batman» series.

In the next ten years, Warner will produce several Batman sequels in succession, with an average investment of more than 100 million US dollars, but these only made just more than a 100 million box office in North America. It is estimated that with the global box office and the other earnings, Warner can only just manage to recoup costs. For a big productions that require investments of hundreds of millions of dollars, to approximately recoup costs, even if it is a small profit, is actually a loss, because if it was deposited in a bank, the money will be able to reap a large amount of interest in a few years. It may even make double if invested in other projects.

It wasn't until Amy poked his arm with a pen, that Eric found that he had become the focus of everyone in the conference room, and that many people were looking at him with obvious dissatisfaction.

Although the 《Running Out of Time》 project was snatched by Columbia from Fox at a price, it does not mean that Eric will be loved and welcomed by Colombian executives. In fact, there were few that liked him in the entire management. Even Amy Pascal, who has always had a good relationship with Eric, had a somewhat complex opinion of Eric.

This is mainly because of «Home Alone», as after the end of May, the box office of «Home Alone» will finally finish, and that Eric will receive a share of about 120 million US dollars is a well-known thing in the conference room, whilst Colombia can only take 40 million of the profits, and overseas distribution rights were also snatched by Fox for various reasons. Therefore, Eric took most of the profits, which means that all the executives will receive smaller bonuses at the end of the year.

Coupled with the《Running Out of Time》profit split agreement, regardless of the outcome of the box office of this movie, Eric is actually the biggest profit-maker, and this project does not have a penny of Eric's investment, but the other party will get a high proportion of the box office when it is divided. As such it's clear that the executives would be upset. Although many shareholders will also benefit from《Running Out of Time》pushing up the stock price of Colombia, most of the executives in the conference room do not have Colombia stock in their hands.

With such a complicated mood, it is not difficult to understand that the people would intentionally or unintentionally ignore the existence of Eric at the meeting.

Eric's previous marketing paper that he submitted did not receive a response. He had already predicted this situation today. Although he had prepared some rhetoric before coming, because of the cold reception at the meeting, Eric was too lazy to take the initiative to jump out and be reputed.

Anyway, according to the original signed agreement, after the film is released, regardless of the outcome, he is the biggest beneficiary, and  this just determines the difference between earning more and earning less. There is no possibility of loss for Firefly that has not invested a penny. Originally Eric did have some concerns about the box office prospects of the film. After all, this was a new type of work that was completely unheard of and did not exist in Hollywood.

However, after the series of internal screenings the film critics had given good reviews, so Eric has let go of his worries.

The internal preview can basically determine the commercial value of a movie, although sometimes mistakes can occur, but in most cases, the professional filmmakers who have been immersed in Hollywood for decades will not be wrong, and the results of the reviewer's preview also indicate the reputation of a movie after the release of the movie. Before the Internet era, the establishment of a movie's reputation was mainly word-of-mouth and through various kinds of film reviews in the media. Many fans read the newspapers and after the reading the film reviews, they will decide whether to watch a movie or not.