Chapter 27: Good Cops, Bad Cops
The $5o $50,000 crowdfunding goal is complete!
In less than a week, Ye Wei ran out of the happy ending of raising money, and it was also because of everyone's passion and trust that this feat could be achieved, this production financing miracle that can go down in history: 162 Harvard-Westlake middle school students (21% of junior high school students) crowdfunded 560,000 yuan!
Yes, there are 60,000 more than the scheduled target, and behind this number are dozens of students who are crowded in the utility room and refuse to leave, Ye Wei will take it all, let's do it together!
The extra 60,000 also gave him more time to sell his treasured comics and toys, which could be sold a little higher on eBay without having to suffer a loss because of the fire sale.
On Saturday night, Ye Wei and Lily had another hangout or date, the two had dinner together at the "Giorgio Baldi" restaurant by the beach in Santa Monica, and then walked on the beach and chatted to watch the sea view, although in the end they still didn't buy alcohol, and they went home before 11 o'clock, but they really had a good night.
However, the two are not boyfriends and girlfriends.
For their current state, the word "love" is too heavy, so heavy that whoever says it crazy will immediately frighten the other party and never want to see each other again; "like" should also be used with caution, it will still make people feel burdened, they just have a good impression of each other, and because of the good feeling, they have a willingness to date, and they are very happy and fun when they play together, that's all.
Dating relationship (dating) and romantic relationship (Re1ationship) are two stages in succession, they are even a wandering relationship before dating (seeing), who knows, anyway, now, both of them can have a dating relationship with multiple people at the same time, maybe who will be angry about this, feel that the other party is not serious, do not like themselves so much, is a flowery nasty ghost, but there is no question of who is sorry for whom.
When is love? This is a natural exhibition, maybe after several dates, everyone is not suitable for each other, and the good feeling is just a momentary impulse, so they don't continue; maybe the more they date, the more they like it, both parties have the intention of talking about a serious relationship, then "can you be my girlfriend (boyfriend)?"
So who knows, at what stage, what to do, continue dating to know the answer.
But the two didn't see each other again this weekend, and Ye Wei was busy buying the script, and Lily certainly didn't worry about the arrangements, her mother Jill Tavorman, the president of the Beverly Hills Women's Club and a big name, was going to attend a charity dinner for Thanksgiving at the end of the month with her mother on Sunday night.
Although it was Sunday, the posting had not yet been completed, Ye Wei had already called Gail and informed the other party that it was time to trade!
The negotiations officially began, and the intention of both parties was very clear, one party wanted to buy, the other party wanted to sell, but the specific contract details had to be carefully discussed.
In fact, despite the standard model contracts, almost every contract in the film industry is different.
For example, the actor's contract, the sample appearance contract of any actor usually has dozens of pages, even if it is a non-union member, the terms will still be dazzling, and it is impossible to understand it alone, and the contracts of those big stars are even thicker, each contract is tailor-made, and the figures of salary, responsibility, dividends, and break-even points are ......
There's really too much to pay attention to, look at Schwarzenegger's contract to star in "Terminator 3".
From June 2ooo to December 2oo1, after no less than 21 drafts, Hollywood's gold lawyer Jacob Bloom elaborated a 33-page contract for Schwarzenegger, and Schwarzenegger received $29.25 million in "pay-as-you-go" payment, which means that he will get this salary if the film is finally made or not.
At the time, this amount set a new record for the "guaranteed indemnity" of a superstar. He paid an advance payment of 3oo yuan when he signed it, and the rest of the money was paid during the next 19 weeks of filming, and he would be compensated 16o yuan for each week that passed.
In addition, there are 150,000 "additional subsidies", including private jets, luxury RVs, luxury hotel accommodation, private bodyguards, ......
There is also the "break-even point", a financial figure that shows that the film is starting to make money. After reaching the break-even point, he will have to share 2o% of the total global revenue, including one qiΔ market! In addition, the "pre-approval" clause gives him the right to decide who will direct and lead the cast......
This is the movie superstar of the 21st century. It's hard to say clearly, whether they're the boss or the producer is the boss.
Anyway, it's not about hiring directors, as French director Jean-Jacques Arnaud said: "I know a lot of director friends who are excited about the opportunity to make a film in Hollywood, but now they are just employees hired by the film company to work for the stars." β
Ye Wei's matter is not so complicated, he is not a member of any trade union, there are many complicated clauses, but it is difficult to protect his rights and interests.
Therefore, focusing on this project transfer contract, he has to look at every clause on it with wide eyes, and Salton lawyers must also read it clearly, find out all the traps, and strive for the maximum benefit of the Dream Chasing Alliance.
When the draft contract was received on Monday, Mr. Salton's attorneys immediately threw in research on the fact that there were a few more special clauses than the model contract.
To put it simply, Focus sold the entire project of "Little Beauty in the Sunshine" to the Dream Chaser Alliance for $5O, including the 3O draft script, all the materials and all the documents for the preliminary preparation. But Focus reserves the right to invest, and if the project is really put into production, it can participate in up to 3o% of the shares, and has the right to participate in the production.
In addition, if the project has not started filming within two years from the effective date of the contract (November 2oo3 - November 2oo5), Focus has the right to produce it at 7o%-1oo% and has the highest approval right in terms of production. And this start shooting, it can't be grade 8, dV, 16mm film and other formats, it can only be 35mm film format, or digital high-definition camera format, and the production budget is more than 1oo US dollars.
These clauses are really wishful thinking, everyone knows that the script is easy to buy and difficult to make, especially when it is made by a group of teenagers!
So the most likely thing is that two years have passed, and not a single shot of "Little Sunshine Beauty" has been filmed, and the script has long been taken by these rich children on a whim to pad the table.
When the time comes, without spending a single yuan or a penny, the project will return to the hands of the focus, whether it is made or not, it has an initiative.
This hand is really ruthless!
At about 3 o'clock in the afternoon on Tuesday, in a bright small conference room in the production department of the Focus Office of the Global City Headquarters Building, the two sides were discussing again.
On the spotlight side, Robert Harmon, head of production, Gael Wilson, manager, Matthew Harrington, manager of marketing, and Ria Monroe, legal representative, and David Lind, one of the co-CEOs, also came over to see the style of the "middle school producer", but was absent due to temporary events.
On the side of the Dream Chasing Alliance, Ye Wei, Lawyer Soldton, and Mr. Lipson, the guide and supervisor sent by the school, is also the instructor of the Entrepreneurship Club.
Before entering Universal City, Ye Wei had already told Mr. Lipson not to reveal his true identity, just say that he was his personal assistant, and he couldn't talk nonsense without being instructed.
Mr. Lipson felt very aggrieved, no matter how he said it, he was a man who had gone to business school! It was ridiculous to be treated like this by a 15-year-old boy! But he had to agree almost viciously, otherwise he would not have been able to follow......
This discussion is aimed at those special terms.
"They're fairy tale old witches, and I can't take them. β
On the left side of the long conference table, Ye Wei leaned on the back of the office leather chair, and while turning, he said: "Gentlemen, Woody Allen likes old witches, but I am a layman, and I like Snow White." β
The focus has been playing the game of "good cops, bad cops", Robert Harmon is a bad cop, the middle-aged white executive is with a straight face, hearing the deep voice: "These terms are not excessive, they just protect our due rights, if you are afraid, then we will doubt your sincerity." β
"Scared? No, I think it's ridiculous. "Ye Wei also happens to be a bad cop.
At this time, Gail coughed, looked sincere, and said the words of a good policeman: "Weige, you should know how much effort we put into "Little Sunshine Beauty", 3o draft! It's like our child, sell it to give it a better future, we don't want to see it in ten years, it's just a script." β
"Hehe, please!" Ye Wei spread his hands with a smile, what kind of state is this script, everyone knows it, does it need to be so hypocritical?
Gail, on the other hand, wants to act to the end, and has probably read "The Self-cultivation of Actors", "These terms are for the protection of the project, whether it is good or bad, we want a result." β
"Yes, I believe you, yes. Ye Wei smiled and nodded, believing the second half of the sentence, and the result that the focus hopes is: a bad movie.
In that case, the focus will have a wise decision; if he doesn't make it within the deadline, it's better to just get it back, and he will have more assets; if he does make a good movie? The focus has 3o%! No matter what the result is, it doesn't seem to lose money.
Ye Wei looked at Lawyer Salton next to him, good policeman come out.
"We're not vetoing these clauses outright, we're trying to tweak the details. Attorney Salton's voice is still poker-faced and flat, but the content is much more mild: "One, the maximum shareholding ratio of Focus can only be 15%, unless we agree to let you invest more, and two, Focus does not have any rights to produce the film, unless we agree to your participation." β
This is the standard practice of the industry, in order to share risks and raise funds, it is most normal for an independent film to have multiple producers, so the focus can participate in the investment, but the initiative must be on the side of the Dream Chasing Alliance.
The focus of the party and a few people suddenly frowned slightly, thinking that middle school students were so foolish that they could take advantage of more, but they didn't expect it to be so difficult to deal with......
Attorney Salton hasn't finished speaking: "Three, when there is a conflict between the two parties, we have the right to refuse and will not accept any funding from the focus. β
What is a "production contradiction"? It can be a very wide range, as small as how to say a line or how to shoot a shot, which is the contradiction of the main creative team, and as large as who the main creative team is, that is the contradiction of the producer. Sometimes contradictions can be resolved, and sometimes they become news: because of disagreements, who withdrew, which company withdrew.
If there is no right to refuse, Ye Wei will say to Focus in the future, "I want to be a producer and director", and Focus was shocked and said, "What's the matter, you are still a child!" Who will make the final decision?
So in order for his production blueprint to come to fruition, he needs to have a firm grip on that power, which is more ruthless than "pre-approval" and can kick it out when it doesn't need focus.
"Fourth, cancel unreasonable restrictive clauses such as production deadlines, format types, and cost budgets. β
After a moment of lawyer Salton's finishing, the conference room was still silent, and the focus of several people looked at each other with reluctance on their faces.
"No, I can't. Robert Harmon refused to back down, and after these four adjustments, the focus completely lost the initiative, which dimmed the light of his sale.
"You know that this is the normal practice in the industry, and you can't make such an excessive contract just because my client is young. Attorney Salton's voice was a little heavier.
Focus's lawyer, Ria Monroe, said sternly: "But there is a fact that you cannot deny, Mr. Ye's age and behavior can cause Focus's reputation to suffer at any time. If he bought the script and didn't make it, or just made it into a family DV video, what would the outside world think of it?
Will the producers dare to find the focus to buy scripts and invest in projects in the future? Work hard for a few years and then sell toys to a child? Focus will become a laughing stock in the film industry! These restrictions are just protecting ourselves. β
The other party's remarks are defensible, and Attorney Salton was speechless for a while, and he is still far from the talent of a gold medal lawyer......
Ye Wei groaned slightly, knowing how determined and confident he was, it would not be more difficult to shoot at a cost of more than one million in two years than to crowdfund 5o in a week, if he couldn't do it, it would be boring to dominate this script, so he said resolutely:
"The limited clauses can be retained, but if they work, Focus leads the production, no matter how much you invest, we will directly participate in the shares at 5o million script fees, or Focus will buy back at 3 times the price. And the first three, we will not make any concessions, either that or close the deal. β
As soon as it came to the end of the transaction, the focus of several people suddenly became nervous, in fact, they really didn't care about the first few items, because the focus didn't think about participating in the investment! Everyone is fed up with this mess, playing movies with a group of teenagers?
This is just fighting for more initiative not to be in vain, since you can't fool the other party, there is no need to take it seriously.
But they attach great importance to those limited clauses, because the tenth of the ** will end in miscarriage, and a group of rich children will be hot for three minutes, and it will be over after that.
"Excuse me, let's talk about it first. Robert Harmon said as he stood up and left the room for a moment with the other three.
At this time, Teacher Lipson, who had been dumb all the time, took a long breath, as if he had just resumed his breath, and looked at Ye Wei, who had a new understanding of this demon student......
Before, he and everyone were worried that Ye Wei would be very uncomfortable, naΓ―ve, and even ugly in this kind of adult place, but it turned out that they were all wrong, the unbelievable continued, Ye Wei could completely handle the situation!
"What's wrong?" Looking at him with a strange gaze, Ye Wei shrugged and smiled, "Assistant, if you're nervous, drink some water." β
Teacher Lipson was really speechless, picked up a glass of water on the table in front of him and took a sip......
Next, Ye Wei and Attorney Salton also exchanged opinions, as long as they said in the end, it is still acceptable.
After a while, Harmon and the other four returned to the conference table, and it seemed that there was a consensus.
"We can accept the rest, but you can't have the right to refuse......" Harmon grimaced.
"No, we can, we want the right to refuse. Ye Wei responded straightforwardly, but his pale face revealed a rock-like momentum, which made Teacher Lipson a little stunned.
Harmon furrowed his brows, and sighed slightly after a while: "Then the contract should clearly define what 'production contradictions' mean." β
"It's very simple, the online lineup is completely decided by the Dream Chaser League. Ye Wei said.
The so-called online lineup is the producer, director, starring and screenwriter, who often account for the largest part of the cost budget and are the nobles in the film crew, while the common people are offline, including supporting roles, photography, lighting, and recording...... and all non-online members, as well as equipment, doxing, and handymen.
Mastering the online is equivalent to mastering the entire production.
"It's not going to work, we have to be involved...... Harmon still wants to struggle.
"No, it's up to the Dream Chaser Alliance to decide. Ye Wei repeated.
It seems that there is no way to take advantage of this? Gale's face was helpless, and Harmon had no choice but to resort to the last resort: "You should know that we don't have other buyers to choose from, and the repurchaser even said that 5o yuan will definitely match, and our current bargaining is probably just a waste of time." β
"Haha!" Ye Wei couldn't help laughing, and moved out of the repurchaser "If you don't give candy, you'll be trick-or-treating"? Halloween has already passed!
Although he was extremely eager for this script, he smiled nonchalantly and said, "Robert, you can choose the repurchaser, I don't care." We just want to make a movie, there are so many film companies, brokerage companies, and screenwriters' unions, and there are so many good scripts for sale, isn't it?"
He frowned, glanced at the focus of several people, and said: "And the more I think about it in the past few days, the more I feel that the script of "Little Sunshine Beauty" is not very good, there are too many characters, and I feel that the story has been cut into several pieces, but I can't put it together." I don't know, maybe tomorrow I'll change my mind, but not now. β
Hamon and the others couldn't hear the truth of his words, the tension in their hearts became heavier, if they didn't play with fire well, they would burn themselves, if Ye Wei withdrew the purchase contract, it would be embarrassing...... In a few days, the repurchaser will know, and then it will return to the repurchase price of 4o......
So the two co-CEOs have given an order to keep the buyer and make this deal.
Harmon and Marketing Manager Matthew Harrington looked at each other, nodded silently, and made a decision.
"Okay. β
Hearing this wonderful sound, Ye Wei secretly clenched his fists, Teacher Lipson sighed again, and Lawyer Salton smiled rarely...... It worked!
The two parties agreed on the contract!
After the transfer of the project, Focus Film retains 15% of the equity participation, and the Dream Chasing Alliance has the absolute right to produce and the right to refuse financing, and Ye Wei has got everything he wants!
And the fly in the ointment is that the limited clause continues to exist, and within two years, the Dream Chaser League must shoot "Little Sunshine Beauty", at least $1oo dollars, the kind of movie that the movie is! Otherwise, the focus will have the last laugh......
Ye Wei doesn't care much about this, these restrictions are also a spur, as long as the movie starts filming within the deadline, they are equivalent to nonsense.
However, the dust has not yet settled, and it remains to be seen how the repurchaser reacts! Within three days from the signing of the contract, the repurchaser has the right to match.
Before leaving Focus Films, Ye Wei shook hands with Harmon and Gail to say goodbye, wishing everyone a happy cooperation, and a mysterious sentence: "You know what to do, right?"
Yes, Harmon they know, block the buyback......
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