Thanks to the relatively good box office of "Wrong Turn", the response of major Hollywood companies can be said to be quick.
In just one day, as many as three major companies called to purchase the overseas rights to "Wrong Turn".
As for hoping to get a share of the overseas box office, don't even think about it.
This is indeed the case. If the North American box office does not exceed 50 million US dollars, the big companies will not ask you for a box office share agreement for overseas distribution. This is the cruel reality. Of course, Kyle also understands it. If Kyle were the head of a big company, he would not give you a share of the overseas box office.
But.
Kyle is not the head of a big company!
Therefore, facing the choice of only selling overseas copyrights, Kyle was very unhappy. Of course, no matter how unhappy he was, he still had to sell overseas copyrights.
"Kyle, my old friend, if you don't sell the overseas copyright of Wrong Turn to Paramount, are you going to sell it to Warner? If you do that, it will break my heart!"
Jordan, the representative of Paramount's overseas distribution department, looked heartbroken at this moment.
"That's enough, Jordan."
Kyle looked at him and scolded him with a smile: "Jordan, we are old friends, but Warner and I are also friends. You are all my friends, and you are all big companies. I can't afford to offend anyone! In this case, how do you want me to choose?"
Old fox, you look so aggrieved, who are you pretending for?
Jordan frowned slightly and said, "Kyle, we at Paramount are determined to get the overseas rights to Wrong Turn. Not to mention Warner competing with us, even if Fox joins us, we will not give up."
Hearing this, Kyle nodded.
As one of the six major Hollywood studios, Paramount does have the confidence!
"Okay, my old friend, I won't participate in the specific negotiations. I'll leave it to Victor. You can talk to him later. I have something else to do. Sorry!" Kyle said suddenly.
Excuse!
A blatant excuse!
But there are many advantages. Letting Victor come forward will provide a buffer no matter what the outcome.
In the first round of negotiations, Paramount offered $7.5 million.
Victor refused.
Before Jordan left, he passed by Kyle's office, looked at him and said quietly, "Kyle, the price of 7.5 million US dollars is not low."
"Oh? I see. But man, you have to know that although I am the boss of the company, I cannot have the final say in the company. I also have to consider Victor's opinion. What do you think?" Kyle pretended to be helpless.
Fraud!
Damn liar!
You told me you can't make the decision? You're kidding me.
After all this talk, isn't it just that the money hasn't arrived?
Bastard~!
Jordan had a smile on his face, but he was cursing in his heart.
"Kyle, this first negotiation didn't go through, but you have to keep it for me. Don't wait until I ask for a higher price before you sell the copyright."
.....
It was almost noon.
The conference room of Page Pictures welcomed another wave of guests.
——Sony Columbia!
"Mr. Page, nice to meet you. I am Jiro Itai from Sony Columbia's Overseas Distribution Department! I look forward to your guidance in the future!"
Jiro Sakai, a little devil.
He was not tall, only about 1.65 meters, and looked very strong. Of course, his bow when they met also made Kyle feel honoured.
"Mr. Itai, welcome, and welcome to everyone in Columbia." Don't hit a smiling person, especially since they are here to give money.
Kyle still did not show up in the subsequent negotiations.
Victor is fully responsible.
"Mr. Jones,
I think the $8.5 million that Sony Columbia offered was sincere. And I believe that based on my understanding of Paramount's stinginess, their offer would not exceed $8 million."
At this moment, how could the Japanese devil Jiro Sakai still be as polite as before?
The whole person looks confident and cunning.
Victor nodded and said with a smile: "Of course, I trust Mr. Itai's judgment, and I appreciate your company's sincerity, but I can't make a decision too hastily. After all, this is disrespectful to our cooperation, don't you think?"
"Of course, of course." The Japanese soldier Ban Jing was not angry.
To be honest, big companies are quite shady!
According to the situation of the North American film market and the overseas film market, the overseas box office of a movie is 1.5 times that of the North American box office. According to the analysis, the final box office of "Wrong Turn" in North America is expected to be between 30 million and 32 million US dollars. In other words, the overseas box office is expected to be 45 million US dollars.
With an overseas box office of 45 million US dollars, the big companies can also get about 1/3 of the box office share after deducting various costs such as copying, theatre sharing, and distribution fees.
That is about 15 million US dollars.
They only offered $8 to $9 million to purchase the overseas rights to "Wrong Turn" from Page Films, and they made several million dollars just from this.
What's more, what they are seeking to purchase is the complete overseas copyright of the film, including but not limited to the overseas distribution rights of the film, as well as the overseas DVD, videotapes, peripheral copyrights, etc.
The profit from this part is not low.
At least it can bring millions of dollars in profits to big companies.
That's right, the bulk of the profits were earned by big companies!
"It's no use for me to know this!"
"Big companies are taking advantage of their perfect overseas distribution channels to exploit small and medium-sized companies. What can you do about it?"
"Unless you don't want to make the money and let the film rot in your hands."
Kyle was helpless.
.....
That afternoon.
Page Pictures is welcoming another wave of guests.
——Time Warner!
The representative is Red, the assistant to the head of the issuing department.
"Mr. Page, Mr. Jones, we are going to work together again," said Reid.
"I hope to continue the cooperation."
Kyle and Victor Jones also warmly welcomed Reed and others.
Reid continued, "Last time, Warner Bros. purchased the overseas rights to your movie Hard Candy for $2 million. As you know, Warner Bros. suffered a loss."
Loss?
What a loss!
"Yes, if we only consider the overseas box office revenue share, you have lost hundreds of thousands of dollars. But there is also a DVD market for the peripheral products of "Hard Candy". In these two months, you must have made more than 1 million dollars, right?" Kyle said with a smile.
"Hahaha~!"
Red's embarrassed look lasted only a second before he changed the subject and said, "Let's just forget about the past. Let's talk about the collaboration on Wrong Turn."
....
Three days later.
The overseas copyright of "Wrong Turn 1" finally fell into the hands of Time Warner!
For this, Time Warner paid a full $10 million!
It's not that Kyle doesn't want to continue the negotiations, it's just that they are all very cunning and are unwilling to add more money no matter what.
Well, you said that Paramount and Fox, the two film companies that gave up on purchasing overseas copyrights, why don't they continue to add funds?
Yes, in theory, they would not suffer a loss even if they paid $15 million.
You can make more money!
However, they still choose to give up.
Because there are so many movies produced in North America every year~!
For the same price, they could get other better movies that could bring them more profits, so it is not surprising that they gave up on the movie "Wrong Turn".
You should know that among the many movies produced by Hollywood every year, at least 75% are not able to be released overseas. Therefore, it is not easy to sell the overseas copyright.