Chapter 804: Huge Losses

In Hollywood, the payment sharing of this kind of thing, various companies are not very active, it is normal to drag on for a year and a half, and it is not uncommon for things to drag on indefinitely and finally go to court, so from the moment "Harry Potter and the Deathly Hallows" was released, the little actor and director of Harry Potter, David? The agent of a British brokerage company signed by Yates flew to Los Angeles and kept chasing Robin? Grande and the head of Harry Potter Studios begged behind their butts. Pen ~ fun ~ pavilion www.biquge.info

Since the box office profit sharing agreement has been signed, it must be implemented, otherwise the relevant laws are not decorations.

However, it will also take time to calculate the box office profitability of the two films "Harry Potter and the Deathly Hallows".

Currently, Warner Bros., as the distributor, receives $800 million in a share of the total box office of the two films.

Based on this amount, Harry Potter Studios began the relevant financial accounting.

Harry Potter Studios is only the producer of the film, and it signed a distribution contract with Warner Bros., according to the agreement, 10% of the total box office of the two films "Harry Potter and the Deathly Hallows" belongs to Warner Bros. distribution costs, that is, 10% of the $2.4 billion, about $240 million.

This part of the money is to be deducted by Warner Bros., even if it is just a service fee paid by himself, but no one can pick out the thorns.

Then there are the promotional and marketing expenses for the film, which was spent $120 million on Harry Potter and the Deathly Hallows, and $130 million on Harry Potter and the Deathly Hallows, according to Warner Bros. filings.

This part of the funds is basically paid by Warner Bros. itself, and most of the channels used for film promotion and marketing belong to Time Warner.

After deducting the sum of these totaling $490 million, the remaining $310 million went to the accounts of Harry Potter Studios.

But those who signed a share of the box office profits will not be able to participate in the sharing of the money, as Harry Potter Studios will have to deduct the production costs.

In this regard, Harry Potter Studios did not do anything wrong. As a result of the savings made by the two films being shot together, the total production cost of the two films for Harry Potter and the Deathly Hallows was $300 million......

But. And that's not all.

Harry Potter Studios did not have enough money to invest in the film, and the $300 million investment came from borrowing, a loan from a Duke film foundation.

Now, more than three years have passed since the original loan. Harry Potter Studios is required to pay $47 million in interest to Duke's foundation.

Of course, this is a left-handed loan for the right hand, but Harry Potter Studios is a financially independent company, and borrowing to pay interest is not only a matter of course, but also fully compliant with the relevant legal guidelines.

So, from an accounting point of view, the two films "Harry Potter and the Deathly Hallows" are completely loss-making at the box office.

In this way, those creators who signed a net revenue sharing agreement with the film company will not be able to share any money.

"Loss?"

In the Harry Potter studio, the agent from the United Kingdom heard Robin? After Grande's reply. Not only was he angry, "How is this possible!" How could this film be a box office loss? ”

He held the table with his hands and stared at Robin with burning eyes? Grande, like a monster that chooses people to eat.

Robin? Grande turned a blind eye to his attitude and pushed the thick financial audit report in front of him in front of the agent, "This is the relevant financial audit data, which contains a breakdown of box office revenue and all expenditures in all regions, if you don't believe it, you can ask a professional lawyer and accountant to review it." ”

From a legal and financial point of view, Harry Potter Studios' approach is completely legal and reasonable.

That's because I know that. Robin? Grande didn't care what the agent thought, "I'm sorry, I have other work to do." ”

Hear something like an eviction order. The agent became even more angry, "You're going too far!" Don't forget, are they Daniel? Radcliffe and Emma? Watson is a popular superstar today. ”

Heads up, Robin? Grande just looked at him, but didn't say anything.

The agent's arrogance is disappearing little by little, looking at Robin, who doesn't care much? Grande seemed to understand something.

Daniel? Radcliffe, Emma? Watson, as well as the other young actors under the company, have indeed become popular stars because of the Harry Potter series. The first two are not too much to say that they are red to purple.

However, the Harry Potter series has come to an end. Their value to the Harry Potter studio......

Taking a deep breath, the agent suppressed his anger. "It's not going to end here, Robin?" Mr. Grande, do you want to see a lawsuit? ”

Robin? Grande smiled faintly, "This financial accounting is completely in accordance with the law, if you want to sue Harry Potter Studios, please do it." ”

With that, he pressed the intercom, let his secretary into the office, and invited the British agent out.

Whether it's Robin? Grande, still Duke and Warner Bros., who are standing behind it, don't care that this turns into a lawsuit, and from a legal point of view, there is nothing wrong with Harry Potter Studios' accounting assessment.

This involves hundreds of millions of dollars, and Duke and Warner Bros. will not give up easily, and those actors and their agents will certainly not give up.

They traveled around Hollywood to put pressure on the Harry Potter studios, and even found a lawyer to sue the Harry Potter studios in the Delaware Court of Chancery.

Like most Hollywood companies, Harry Potter Studios is registered in Delaware.

"Is it true that the box office is not generating profits?"

In the office of Warner Studios, Joanna, who came from London? Rowling sat across from Duke, holding a coffee mug, and asked, "Duke, it's not fair to Emma to do this." ”

"Joe......"

Looking at Joanna? Rowling, Duke said slowly, "I believe you can also get the relevant data from the Harry Potter studio, and you can have your own accountant and lawyer review it." ”

Joanna? Rowling didn't answer.

"We've always worked well together, and you've never had less than a penny." Duke continued, "And I'm confident that our collaboration will continue. ”

Unlike the actors, Joanna? Rowling has the right to take a share of all related revenues, and box office profits and losses have no impact on her revenue.

"Cooperation?" Joanna? Rowling looked at Duke.

"Of course," Duke raised an eyebrow, "Warner Bros. and I would like to continue working with you, and we've had a great time working together." Joe, you don't want to work with those unfamiliar companies, do you? ”

Anyway, Duke and Warner Bros. never in Joanna? Rowling has manipulated the income she deserves.

Think for a few seconds, Joanna? Rowling smiled, "Of course I want to continue working with you. ”

If there were no platforms like Time Warner, there would be no craze for the Harry Potter series, and she would not have such fame and net worth.

Joanna? Rowling is not stupid and knows how important a media group is to her.

Between media groups and those actors who are basically worthless, it is not difficult to choose who to choose.

Subsequently, Joanna? Rowling no longer talks about the actors' share of the box office, but talks to Duke about some of her thoughts on her new film, Where Have Fantastic Beasts Gone.

However, the Harry Potter film series has just ended, and "Where Did Fantastic Beasts Go" is still in the stage of imagination, and if it wants to be adapted into a movie, it belongs to the future.

Send Joanna away? Rowling, Duke's energy has returned to the preparation of "The Avengers", but he has just watched the storyboard artwork for half an hour, Tina? Fei knocked on the door and walked in.

"Emma? Watson is here, and she wants to see you. ”

Hear Tina? Fei's words, Duke thought for a moment and said, "Let her in." ”

In a few minutes, Tina? Will Faye be Emma? Watson brought it into the office.

"Hello, Director Rosenberg."

She took off her sunglasses and took the initiative to say hello to Duke.

Duke nodded at her and gestured to the chair across from the desk, "Sit casually, Miss Watson." ”

Waiting for Emma? Watson sit down, Tina? Faye brought a cup of coffee, and she didn't leave, sitting behind another desk in the office.

Duke was busy with work and asked directly, "What's the matter?" ”

The two just know each other, not to mention that they don't have any friendship, and they don't even know each other.

Obviously, Emma? Watson had certain illusions about Duke, "Director Rosenberg, I don't know if you've heard, there are some problems with my contract with Harry Potter Studios. ”

Hearing this, Duke frowned slightly, "I'm sorry, Miss Watson, although I am the producer of the Harry Potter series, this is just a name, and the specific affairs are Robin?" Grande and Harry Potter Studios are in charge, you've got the wrong person. ”

Emma? Watson wanted to say something, but Duke raised his hand to stop him, "I'm working on "The Avengers", and what you said has nothing to do with my job. ”

Without waiting for the other party to continue, he gave it to Tina? Fei gave a look, and the female assistant came over and made a gesture of please.

A pair of eyebrows furrowed together, Emma? Watson looked at Duke in bewilderment, as if he didn't expect this outcome.

Maybe the actress was too favored by the Harry Potter crew and the agency before, and she was obviously a little naΓ―ve.

It's just that this naivety is used in the wrong place, and Duke won't be impressed by her words, Tina? After Faye asked her away, she put the matter behind her and focused on the work of "The Avengers". (To be continued.) )

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