I’m in Hollywood
Chapter 268 Financial Summary
The heads of several major companies in the conference room have climbed up step by step from the bottom of Hollywood, so they are familiar with all kinds of Hollywood tricks. Gram's strategy was formulated, and after the six even softened Erica, the interests of the major companies were divided.
After Thanksgiving, Eric entered the last busy period of the year. In the plan, as long as the month is finally finished, Eric can rest for a long time starting from late December. Drew was even thinking about whether the two of them would go on vacation for Christmas.
Eric has been at Fox all morning participating in the audition for the protagonist of The X-Files. Since The X-Files has received far more attention than his previous life, the selection of the hero and heroine who will support the entire series is also very careful.
And because of the success of Friends, the competition for the leading and leading roles of The X-Files led by Eric is very fierce. Several famous Hollywood actors who have not developed well in the past two years have participated in the audition for the leading and leading roles. Although the audition has entered the second round, the candidates for the male protagonist have not been completed in the morning, and none of them can satisfy Eric.
Moreover, Eric hadn't considered the two in his previous life. Because in the original version David Duchovny, the actor, no matter what kind of emotions he is in, the faint smile on the corner of his mouth always lingers, giving people a very dramatic feeling, so Eric had no intention of giving him the role in the first place. The reason why the producer of the previous life chose David Duchovny as the male lead was mainly because the other party's salary was very low.
As for the heroine Gillian Anderson, it was even more inconsistent with Eric's expectations. What's more, the other party hasn't debuted yet.
The X-Files heroine Dana Scully was supposed to be a graduate of the University of Maryland. Highly intelligent women with degrees in physics and law who are teaching faculty. But the petite Gillian Anderson did not show the temperament that a woman with a high IQ should have in the play. Instead, she was more like the little secretary of the hero Fox Muller. In Eric's vision, the actress who plays the role of Dana Scully should be tall, shrewd and capable, preferably with a bit of coolness. It is better for this character to be able to form an evenly matched situation with the male protagonist in the play, rather than becoming a vassal of the male protagonist.
Having lunch over there in Century City, Eric could only hand over the afternoon audition to the two producers because he had to return to Firefly HQ. Attended the first annual meeting since the merger of Firefly and New Line.
I'm so sorry, Caroline, I just encountered a traffic jam on the road, Eric hurriedly pushed open the door of his office and apologized to a brown-haired woman in her forties who was sitting in the office. It's called Caroline Elliott, and she opened a well-known accounting firm in the industry. Firefly and Eric's personal finances have been outsourced to Caroline Elliott's firm.
Seeing Eric's hurried appearance,
Caroline, who had waited for a while, was really grumpy and could only chuckle and said, It's okay. Eric, I just arrived not long ago.
Eric didn't go to his desk. Instead, he sat down on the sofa opposite Caroline and said, Caroline, have the information on my personal financial situation been organized?
Caroline took out the prepared documents from her bag and put them on her knees. She raised her head and asked, Eric, now?
Eric looked at his watch. There were still more than 20 minutes before the meeting at 2:30 in the afternoon. He thought that it should be enough to hear about his financial situation, so he nodded.
Caroline opened the information and began to report: Eric, your main income this year comes from several movies. Among them, Home Alone is divided into 120 million US dollars, Fox bought out the overseas distribution rights and received 24 million yuan, and another There is a share of the video and TV rights of Home Alone in the second half of the year, a total of 32 million, and the current total revenue of Home Alone is 176 million US dollars.
Although she had read it many times, Caroline Elliott had compiled the data herself. However, when she read it again in front of this young man who was not yet 20 years old, Caroline still produced a kind of her own. The feeling of living a life in vain. After a short period of emotion and distraction, Caroline Elliott quickly turned her attention to the information and continued to read: Because Firefly and New Line will achieve financial merger next year, the box office share of all the movies released by Firefly this year remains the same. It belongs to you personally. The total global box office score of Pretty Woman has reached 102 million. At present, the video tape and TV broadcasting rights are divided into only 19 million, a total of 121 million US dollars. In addition, the global box office score of Dark War has reached 88 million. At present, there is no videotape share. The advertising share of Friends has become 29 million. These two funds have not yet been received. According to the contract, Columbia and Fox TV will complete the payment before December 31. In addition to these major box office receipts, Firefly's advertising division grossed a combined $18 million through placements on four films, Pretty Woman, Dark War, Home Alone 2, and Sleepless in Seattle. Plus, the other two you own The company, Pixar Studios, has zero profit, and uta's share is $9.3 million.
Having said that, Caroline Elliott paused and looked at Eric seriously: Eric, compared to movies, I don't think the agency uta can create much profit for you. So I personally advise you to sell the shares of this brokerage company as soon as possible, otherwise it may cause trouble for you.
Eric nodded. In the past six months, he has gradually discovered this problem. Although he owns 90% of uta's shares, it does not mean that 90% of uta's artists will be owned by him. The company can only Get a small part of the 10% of the artist's cut, most of which are returned to the direct manager of those artists. Therefore, although Kapoor only accounts for 10% of the shares in uta, if only the income of the brokerage company is counted, Kapoor, who owns several A-level star brokerage contracts such as Al Pacino and Julia Roberts, makes no more profit than Arie. Ke Shao, you must know that the agent will not only take a cut of the remuneration, but also the income that the actor obtains from other channels such as endorsements and so on. In addition, in order to avoid suspicion, Eric can no longer interfere in any affairs of uta, so this part of the shares is dispensable to him and can be transferred at any time.
I'll think about it, Caroline, go ahead.
Caroline Elliott continued to read: To sum up, you have received $441 million in revenue this year, and two of them have a total of $117 million unaccounted for. Next is the expenditure status, the films that Firefly participated in this year. There are a total of seven films. The cost of Dark War is zero, and the other six covers various personnel dividends, with a total cost of 84 million. The acquisition of Pixar Studio and subsequent investment totaled 30 million, the acquisition of New Line spent 60 million, and the acquisition of Fox TV shares. 80 million. In addition, the Malibu estate construction costs a total of 27 million, and your personal credit card account covers several large expenditures, totaling 7.14 million, and…”
Caroline Elliott gave Eric a strange look and said: Also, Miss Barrymore's credit card expenses, 21.56 million, totaled a total of 309 million US dollars. Eric, pay another in Columbia and Fox. Before the two payments, you only had $15 million at your disposal. And even if the two payments arrive, you can't use them as you like, because even after some reasonable tax avoidance, your taxes this year will still be $140 million.
The reason why Eric specifically asked Caroline to help him sort out his financial situation is to prepare for the investment company that is about to be established. After several days of consideration, Chris Hansen has agreed. According to information collected by Chris, Cisco's stock price may be $18 when it goes public, with a total market value of only 224 million. Eric knew that this must be the only time he had obtained Cisco's shares at such a low price. After Cisco went public, the stock price soared. Even if he wanted to buy it at that time, it is estimated that those investment institutions would not be willing to sell the shares in his hands. Therefore, Eric will of course get as many shares as possible this time. But now, he found that his remaining funds were not enough to pay taxes.
Caroline, can you apply for a tax deferral? Eric asked tentatively. He just knew that there was such a way to extend the tax payment for half a year. If it can be delayed until the second half of next year, then these movies will be released by the end of the year. The share of the money must have been received, and his financial situation will be very relaxed.
Caroline shook her head: Eric, whether it is Firefly or your personal financial situation is very simple, there is no way to get an extension from the IRS through financial means, if you plan to get an extension from the beginning, you should Notify me at least six months ago, it's too late now.
Eric smiled bitterly and said, It looks like I'm going to take out a loan again. By the way, Caroline, what do you think of Firefly?
Caroline asked suspiciously, Which aspect are you referring to?
You should know that after the merger with New Line, it is no longer possible for us to outsource finance to your firm after this year.
Caroline Elliott felt a chill in her heart. Firefly was her biggest client. If she lost this client, her firm's income would at least be reduced by more than half. However, Caroline suddenly realized that what Eric just said meant something: Eric, you mean, you want to...
Yes, Eric nodded with a smile: I want to invite you to Firefly as the chief financial officer, although to do so, you will have to close your own office. But I believe you must be able to realize that Firefly It's worth it. (To be continued..)
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