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jimisawesome

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Everything posted by jimisawesome

  1. You have to go back to Ordinary People to find a movie that gets more crap for winning Best Picture then Shakespeare in Love.
  2. I suggest you read a 10-K from Disney then. The numbers alone speak to how much more important is then Disney Studio. The TV side has more profits then the movie side has revenue. The movie side has profits about a tenth of that of TV and ESPN makes up 70 percent of the profits on the TV side. And yes ESPN easily would have made more money with the WC or Olympics then 4 years of MCU or SW.
  3. I will say it Disney is not a well run studio. They have had to buy at very expensive prices most of their current IP they are releasing. Money which could have gone to ESPN to get rights to the World Cup or Olympics. Which would have been a much better investment as ESPN just prints money for Disney. On the plus side they finally have animation fixed so no longer relay on just 7 billion dollar Pixar. They had to buy Marvel and Lucasfilm because they can no longer launch internally develop live action movies. Their biggest internal franchise PotC they cant keep costs under control so they where taking huge risks for little upside. They no longer seem able to release their smaller smarts movies which used to do great business for them.
  4. How is this greed? They where selling at a price the consumer was buying them at. More then that they had a MSRP about a quarter of what VHS had. All dvds where priced for consumers and not a commercial (rental) market. The first week of release basically every major retailer where selling them as a loss leader at 15 bucks. And they had huge profits only because the cost where booked elsewhere and their only costs where basically disk and returns. The music industry died for one reason only piracy. They also did not gouge and boo hoo on anyone that did not go to Best Buy or Circuit City the week of release and get the CD for 7 dollars (up to about 98/99) and 10 dollars after that.
  5. ID4, JP2 and Titanic. ID4 because it invented modern box office. Batman and JP played roles too but ID4 is what changed everything. First every tent pole marketing plan is a version of ID4s even Opening the movie on Thursday can basically be traced back to ID4. Sure other movies did similar things but ID4 was just so big. Also, ID4 basically set off the great theater building boom. It was a trickle before it but by the end of its run every chain was racing to see how many 16+ plexes they could open with stadium seating and how fast. The most important thing though is it changed completely who theaters and Hollywood split the money. By that next summer the 65-60-50 split was over (65 opening week, 60 2nd week 50 the next week etc etc goes to the studio the rest theater) and Sony was getting 75-80 percent for Men in Black. Also to note if ID4 opened with todays theaters and screens it really would have come close to 100 million opening weekend even with 96 ticket prices. JP2 because that opening weekend was insanity. I worked in the box office at a theater at this time and JP2 was selling out 2 hours before hand for 5 o clock showings. This is before Fandango and the like so you actually had to go to the box office to buy tickets and sure there was some presales but maybe 5 to 10 tickets for each showing if that much. With today ticket prices and screens it would have done 180 at least with just 2D. I went to see Spider Man, Star Wars Ep 1, Dark Knight and they where not as crazy as JP2 was. Titanic was not the opening weekend of the above two but the overall impact is OMG. I am still convinced to this day that Paramount left at least 100 million if not 250 million on the table. Paramount only sent out about 65 percent of the prints that where requested. I worked at the time at the 2nd biggest revenue theater in a top 15 market. The theater was easily one of the top 150 grossing theaters in the country at the time. I point this out to give you an idea on how bad Paramount screwed up their end and how much of a monster the film was. Before the release of the film during the negations that go on for every film we requested 2 because Bond was also 2 and we had 4 big houses. We got 1. The Monday after the first weekend we requested again another print plus a 3rd print yeah never got them. Basically you only got a new print if yours broke. The opening weekend of 28 million is bogus as it was completely supply related problems. We ended up synching the film that first weekend (meaning using 1 print on 2 or more projectors) to our 2 largest theaters. The next weekend we where synching it on 3 screens which is so risky its not funny and I cant believe the film did not break on our 3 largest screens or about 2400 total people per show time. We did 3 screen synching I think 3 total weekends and I want to say the entire Xmas week but don't remember exactly that. We where synching it on at least 2 theaters every weekend to after Valentines Day. If it opened today it would have been Avatar doing 70 million every week.
  6. They don't want the money so much as they want to get away from this train crash. Sure if Universal gives them 40 million they will show up but getting fired is what they are really looking for.
  7. It really does not matter all the licensing department at the end of the day report to the same person at Disney. Sure there is going to be a spreadsheet somewhere that you can figure out Frozen made X, Marvel made Z, ESPN made Y but its a curiosity not something anyone needs to know unless they are going to spin off or sell one of these larger divisions. If its a product that is sold else where as well as Disneyland then Disneyland would have bought that from the manufacture. So for the accounting it would go like this. Manufacture pays Disney Licensing which shows up under that line item as it would if it was sold at Walmart. Disneyparks would see the cost of that toy under their cost and the revenue under their revenue. It does not matter if Disney has a contract that says Disney gets item X even for Free the above is how it would be accounted. Think of it kind of like this a Chicago Branch office might get its paper from Staples while the NY main office gets its paper from OfficeMax. Each office has a person that orders the supplies without contacting the other office. But at the end of the day its still 1 company and all the paper expenses are reported as 1 number. As for anyone that would have a piece of the merch it would be up to their representatives and Disney on how they are going to account for it and then how they will audit it. I am not sure how Jack did it. I do know that even accounting for gross points is a major negotiable point. And again that is gross points not even net because most gross deals are not from dollar 1 but require a movie to hit certain milestones before you get your points.
  8. Disney has a line item for licensing in its 10k reporting. It received 2.5 billion in licensing and publishing which was up 13 percent. They do break out video games separate and somehow made just over a billion here. In their 10k Disney Studio does not report licensing so its all under the line item. Items sold by Disney at the parks would be listed as park revenue. Items sold by Disney Stores are listed in the section that reports licensing and publishing. As for reporting Disney does not in general break it out by production company unless its making a specific note say GotG increased licensing a trillion percent YoY. Unless you have a piece of the merch it does not matter where they report it because it wont effect gross point participants. Basically if you are Gross Point you will just take it from theatric revenue because it makes life easier. There are 3rd parties that you can go to audit the reported box office number. Its easy to calculate. I have never heard of a contract that gives a piece of aux income but it does not mean its not out there. The famous Star Wars deal was because Fox did not think there was a merchandise market of a size to matter so just gave it all to Lucas.
  9. Merchandise and Licensing gets its own line in the 10K for Disney. The last 10k I looked at was I believe the 2013FY could have been 2012 but their merchandise and licensing was 800 million (this is off the top of my head so wide error bars here). General rule of thumb for merchandise is about 3 to 5 percent of the retail cost goes to the studio.
  10. Shrek 2 was a huge disappointment on DVD. They produced a ton like 30 million plus copies something crazy for a first run and had like 10 million or something like that returns. For Hunger Games my guess is the extra BF. Having an extra day where you are selling the movie dirt cheap helps move units add that to the continue dying of the home video market.
  11. Grown Ups 2 released the same day had a 3.2x Conjuring a week later had a 3.29x RIPD was just under with a 2.66x WHD 2.94x REDS 2 2.9x 2 Guns 2.8x Elysium 3.1x Percy Jackson 4.7x City of Bones 3.3x Worlds End 2.9x
  12. Of course its not a statistically valid survey because even with the 100 people he interacts with maybe 7 people even seen the movie. And of course its possible that the people he knows that did not like the film are the only 3 people that felt that way. That said there have been several people in this thread that have said similar. I have a similar experience where I was the only one of my group that liked the first movie and I only know 1 other person that actually liked it enough to talk about seeing it. Again we can all be isolated cases of people not liking the film. But then you add that in with the okish opening despite a great date, 3D and Imax screen, its weak legs and a bit of underperformance on Disk sales it starts to paint a picture of not many people actually liking the film.
  13. First they need to get the Bad Boys 2 blu ray out already. Second can not wait for this movie.
  14. What is there to suggest this movie is going to increase 50 percent or more from the first movie? Disk sales are what would be expected for the movies gross. From my antidotal experience for every 1 person that loved the film there was 3 or 4 people that did not like the film or could care less about the film. Looking around the internet where this has its biggest support there seems to be a pretty big did not like it contingent. Just not seeing what would make this break out at all. The world was indifferent the first time why would they suddenly get Pac Fever this time?
  15. As others have said the Disk sales where average at best. How do you lower costs though? None of the actors where making anything from this film. The whole point of the film is the big action scenes and that cost 190 million last time. Not sure how you trim the 50 million necessary and 70 million you would really like to and have a movie that anyone would see after the WoM. Why is the April date magic because Cap America this year? This was the exception of the rule. Maybe its changed but you are going off of a sample size of 1. What about this movie suggest that it will be a break out hit that increases its Domestic box office 50 to 70 percent? I liked the film everyone else I saw the film with ranged from this is stupid to indifferent. Yeah it has a following on the internet so does Scott Pilgrim. And this is a 2 market film. Europe could care less about this film with the movie ranking around 40th biggest in the important markets.
  16. How does this get green lighted? The movie broke about even and did not exactly have the best word of mouth. It had horrible legs at the box office, it was only a hit in 1 market which is one of the worst markets for studios when it comes to their cut and getting paid on time, it was not exactly a huge seller on disk. The similar Godzilla opened much bigger but it too has had horrible legs at the box office. I am not sure how they can cut the budget down to the 120 range which it needs to be and still have enough to sell the film. Its not like it was big names eating up the budget on the first one. Its not like Del Toro is some box office god where you need to fund his passion project to get him to work on a big grossing franchise.
  17. MI if it only has a 50 percent drop will be at like 1500 per screen so say 2200 per Imax. MoS looks like it was pulled but last week it was still doing 1400 per screen so give it the Imax bump and it would be right around there. If I was Imax or a chain I would take the chance that this weeks pub would give a bump. Would not surprise me at all if WWZ ends up there next weekend.
  18. This so this. The original star wars movies are not good. And Jar Jar Binks is bar far the best part of the prequels seeing he is the only one with any thing approaching a personality. 3D makes movies better. Paul Verhoven is the best living director. Robocop is the best and most important social commentary period in the last 30 years.
  19. Nina Dorbrev. She is the total package a great actress, funny, great looking, and great on talk shows. Its a joke that she is not the second call after Jennifer Lawrence for every role in this age bracket.
  20. Underrated: Olympus has Fallen best movie of the year White House Down second best movie of the year Spring Breakers asked me before I watched it again it would be overrated but the second viewing was a 180 for me The Way Way back MoS Overrated SiTD huge let down from the first one Iron Man 3 don't understand how this movie made this much money
  21. Yes a lot of it is moving money around basically as much as you can get away with in an audit. So its not like HBO can book all the profits from showing HP and pay a buck in return. At the end of the day the 10K will tell the story of the whole corporation. WB runs around a 10 percent profit margin today and its not the movie side that is the bread winner its TV where they make their money.
  22. This is not some ebil Hollywood or Music Industry bookkeeping this is used by basically every F1000 company and most medium size companies (think either 100 plus employees or multiple physical properties). This is not just a US thing and is used basically everywhere in the world and accepted. There is no studio that makes a movie under its corporation. All movies are made as their own separate LLC. You load up as much of the debt that you can get away with in an audit into this LLC but you extract all the profits to the parent corporation. Sorry to those suckers that where too cheap to hire a lawyer and/or agent used to working with studios and got saddled with net points. What did you think was going to happen? There is a reason that Hollywood agents and lawyers are more expensive when dealing with these types of contracts because they know what they are doing. The Forrest Gump guy for example could have had his agent explain to him that while he is dealing with WB the contract he is signing is actually for Forrest Gump Movie LLC or will be transferred from WB to FGM LLC. That net points are worthless because a film with this size budget basically is a doughnut when it comes to the LLC profit. Forrest Gump makes only say 200 million world wide the LLC will be in profit but if it makes double that it will surprisingly be in a loss. This is because for a movie to have a break out the cost start to skyrocket in the P&M space. To do a rush job to add additional prints is very expensive talking easily 10k a print even in the mid 90s to get a 2 day turn around and over night express freight. Edit to add a bit more. Like I said most large companies do this. Exxon buys a new boat it is its own LLC. Google builds a new data center its a new LLC. Apple launches a new product category well a new LLC is born.
  23. The blond from the beginning of the Tokyo Drift needs to be back. Ted Levine needs to come back. The dude that played Hector would be an awesome welcome back. Orange Julius has to be back. Don't know why he has not been back yet. Sonny Chiba cameo Would love to see Scott Adkins as a villain in one of them. Not just a villain but as Boyka
  24. Ok thanks with that is the budget its not too bad of a risk. Wish they had a bigger name to sell it with then Carvill but at this budget he might be big enough to get it to profit.
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