Chapter 104: Series copyright in hand
Taxes have always been the biggest pain that plagues Donn's mind.
California is a heavily taxed area, with personal income tax of 39% federal tax and 9.3% regional tax, for a total of 48.3%, equivalent to half of Donn's personal income, which goes to the government.
The corporate income tax is also very high, 35% federal tax, 8.84% California regional tax, a total of 43.84%!
Fortunately, corporate income tax does not have to be paid by the end of the date like personal income tax, and there are many ways to postpone the payment.
"My Grand Greek Wedding" created a huge fortune for Don Pictures, which also bought Marvel.
However, this is the result of the postponement of the payment of corporate income tax at Down Pictures.
Now, Towne Pictures not only owes Towne $7 million in loans, but also owes the government as much as $40 million in taxes.
Counting the debt of the subsidiary Marvel Entertainment of 35 million US dollars, the total debt, more than 80 million US dollars!
In Hollywood, it's hard to mix, not only for the practitioners, but also for the studios. Lionsgate was able to grow because Lionsgate was headquartered in Canada and had a corporate income tax of only 15%.
With the help of cheats and the blessing of "Titanic" and "Star Wars", the road to entrepreneurship is still stumbling, and it is hard to imagine how many online novels in which the protagonist relies on one or two small productions to make a situation in Hollywood.
Fortunately, now that Donne has finally received tax benefits from Britain and Germany, he can see the light of dawn in this endless darkness.
With the current strength of Tangen Pictures, it is not enough to operate such a high-end operation, so it is naturally handed over to CAA for help.
Subsequently, Donn and Tom Rothman discussed some matters about the release of "Wedding Aoke", and confirmed that the film will be released in North America on August 10, and will be released worldwide before September.
……
"Titanic" has a global box office of 1.88 billion, and "My Grand Greek Wedding" has a global box office of 420 million, with a total box office of about $2.3 billion.
In other words, the movie "Star Wars Prequel 1: The Ghost Man Menace" must accumulate $700 million at the global box office before Don can obtain the "Mirror Possession" skill again to start filming "Spider-Man".
With the film's current box office trend, it is not a big problem to reach this goal before August.
Even many forecasting agencies are speculating whether the North American box office of "Star Wars Episode 1: The Ghost Man Menace" can break the myth created by "Titanic" and break through the $600 million mark.
As for the global box office wanting to surpass "Titanic", the possibility is very small.
By the second week, the market response for Star Wars Episode 1: The Ghost Man Menace was still strong.
Monday, $13.79 million;
Tuesday, $12.5 million;
Wednesday, $10.9 million;
Thursday, $9.68 million;
Friday, $17.8 million;
Saturday, $25.78 million;
Sunday, $23.6 million.
The next week's box office totaled $114 million!
After $133 million in the first week, the box office continued to exceed 100 million in the second week, and the total box office in two weeks reached $247 million!
In contrast, the blockbuster "The Mummy" released by Universal Pictures has continuously dived at the box office, falling by more than 50% per week, and the weekly box office is currently less than 10 million.
And DreamWorks' movie "Love Has a Thousand Knots", which collided with "Star Wars", has disappeared under the impact of the Star Wars frenzy.
This is a small production, and the fiasco is not unexpected, but the director of this movie is from Xiangjiang and is named Chen Kexin.
"Boss Chen, buddy didn't mean to target you, if you want to blame, you can blame DreamWorks, the schedule arrangement is a serious mistake!"
When Don heard this, he smiled bitterly.
It is difficult for foreign directors to mix in Hollywood, and Lao Chen messed up this $15 million investment movie, and the road to Hollywood was completely shattered.
"Donn, Mr. has news!"
Reese Witherspoon didn't even knock on the door, but burst in and shouted to Donn.
"David?" Donn stood up excitedly, "did he get JK Rowling?"
Reese nodded heavily, "Yes, he did convince Ms. Rowling to transfer the rights to the entire Harry Potter novel, and removed some of the harsh conditions we had promised. He said it was because Star Wars Episode 1: The Ghost Man Menace was so hot at the box office that JK Rowling didn't want to contradict a big director like you. ”
"Hmph, she's still a little self-aware!" Don sneered, "Say, did she open her mouth again?"
Reese Witherspoon said: "$5 million, plus a 3% future profit dividend. ”
It is indeed a lion's mouth!
Andrew O'Hare is in talks with the owner of the rights to the fantasy masterpiece The Chronicles of Narnia, and has now backed down to an offer of $6 million + 5% dividends.
And now "Harry Potter" and "The Chronicles of Narnia" are not at all a level of fiction!
Due to financial constraints, Donn was not in a hurry to buy the copyright of "The Chronicles of Narnia", and was still negotiating. But "Harry Potter", he didn't want to delay at all.
"Promise her, sign the contract immediately!"
"But we're strapped for cash. ”
Tang En gritted his teeth viciously, "No matter, even if you smash the pot and sell iron, you have to start as soon as possible!"
The Harry Potter novels have not been promoted by any media companies now, and they have already set off quite a craze in the United States, and he has even watched the adaptation of the Harry Potter children's drama starring Taylor Swift.
Does gold always shine?
Don wasn't sure that if Harry Potter really became shining gold, then his plan would be completely frustrated, and he had to get the copyright as soon as possible!
Later, Don made a phone call to David to say congratulations and thanks.
David is very polite, he is really optimistic about the project of "Harry Potter", with a commercial film director like Done Walker to operate, this series will definitely become popular all over the world.
"Donne, when will the Harry Potter project start?" David is obviously very eager, he has done an excellent job of Donn's task, and the position of producer will definitely not be less.
Moreover, his production company, Shengri Pictures, is a British company, and in the future, after the film starts filming, it will definitely be operated through Shengri Pictures.
Don has a black line in his head, he is now worried that he is about to break a penny into two petals, how can he have extra funds to start "Harry Potter"?
Working with Warner?
Don 10,000 don't want to, so it's better to donate directly to Africa and get a good reputation. Sooner or later, cooperation with Warner will be annexed.
"Next year, next summer. You should know that I just bought Marvel and am working on a superhero movie with limited energy. ”
Don agreed casually, his thoughts flying away.
Because of his appearance, the copyright of "Harry Potter" did not fall into the hands of Warner, and the film project was launched more than a year later than in the previous life.
Those former leading actors, I'm afraid they will not have a chance with the "Harry Potter" series, right?
Don was a little melancholy.
After all, Emma Watson's prosperous beauty is somewhat exciting.