Heads Up Hollywood

Chapter 27 $100 million in dividends

By the time Tang En returned to the United States, it was already late July.

"Titanic" has been released for more than two months. Under the witness of all Americans, Dunn Walker's prediction is gradually approaching reality.

The first film in history to surpass $1 billion at the box office was born!

The North American box office is 490 million, the overseas box office is 660 million, and the global box office is 1.15 billion US dollars. The phenomenon-level movie "Titanic" has far exceeded what "Star Wars" and "Jurassic Park" brought to the world. The shock!

Even many hostile countries of the United States have been screened one after another. Even on the other side, the scissors were miraculously put down, and every picture and shot of "Titanic" was presented on the big screen intact.

A movie can break the system of a country, this is the power of "Titanic"!

And Tang En called his agent William Mihawk, and it was time to ask for a dividend.

Twain can take 10% of the global box office share from the movie, which can be estimated to be between 180 million and 190 million US dollars.

However, it is common practice in developed countries all over the world to pay heavy taxes on high incomes.

Tang En consulted specifically about this. Now that the Democratic Party is in power, the personal tax is very high.

Based on his personal income, he needs to pay 39% of the highest level of federal personal income tax, 9.3% of California personal income tax, plus social security tax, medical insurance tax, pension insurance tax and many other taxes. In total, he needs to pay about 49% of his total income.

There is no doubt that this is an astronomical figure!

There are also many means of tax avoidance, but for Tang En at present, it is not feasible at all. He must invest in ultra-high technology, donate to charitable funds, establish overseas offshore companies, etc...

This is all nonsense. Putting such a large amount of money on hold for a long time is just to avoid taxes. It is better to invest the money in the stock market!

Although Tang En didn't know much about the stock market, he also knew the madness of Yahoo stock, the stock market crash in 2000, and the blockbuster success of several major companies such as Google, Facebook, and Apple.

In 1997, there was no doubt that it was the best time to invest in Yahoo stock.

Of course, the first thing is to get back the dividends from Fox Films, but the answer given to him by his agent William made him very dissatisfied.

"Twain, your request doesn't comply with industry rules, it's very difficult!" William said in a very embarrassed tone.

Tang En was very upset, "It's only natural to pay off debts, William, this is your job!"

William sighed: "Tang En, you may not know much about the operating mechanism of Hollywood. Generally, the box office dividends of producers, directors, and actors are distributed by the film company after the movie is released. Now "Titanic" "It has only been released for more than two months..."

Tang En almost exploded with anger!

Are you distributing dividends after the release? The day lily is cold, who knows how long "Titanic" will be screened? The "Titanic" in the previous life was screened in cinemas for a whole year!

"No! I need funds now, and I need them urgently!" Tang En's tone was unquestionable, the investment opportunity was right in front of him, and if he was a minute late, he didn't know how much money he would lose.

William Mihawk persuaded: "Tang En, I have just consulted with the financial department of Fox Films. The total funds collected by "Titanic" are only 200 million yuan, and they still have big projects to operate. , it is impossible to come up with a large sum of money to pay your dividends."

Tang En was once again disappointed with this manager.

If it weren't for the fact that he was a CAA agent, he would definitely be fired this time.

It's just that Tang En is still very weak now, and it's best not to provoke a giant company.

Don't think about William Mihawk's help. Tang En personally went to the door and found the financial department of Fox Films. The answer he got was that the company's president Tom Rothman personally ordered that the funds be withheld, and part of the debt must be repaid. , part of which is to invest in new projects.

Dunn didn't listen to his reasons at all, but only noticed the name "Tom Rothman".

It was this guy who broke the news about him and Kate Winslet.

Without saying a word, Tang En turned and went upstairs to Bill McNick's office.

Bill McNick showed extraordinary enthusiasm and welcome, and even poured a cup of coffee for Tang En himself, "Tang En, accepting you as the director of "Titanic" is the wisest decision I have ever made in my life!"

The global box office has exceeded one billion. What a sensation and what an exciting experience!

Tang En waved his hand, "Bill, I didn't come here today to claim credit, but to collect debts."

Bill McNick was startled, and then laughed, "Dividends? Hehe, the funds are tight? Young people, I didn't say... You must know how to control yourself, especially some things, you must not touch them!"

Tang En's face turned green, and he smiled wryly: "Bill, you misunderstood, I just want to get back the dividends I deserve, and then... start a film company."

Bill McNick obviously doesn't believe that bullshit, how much does it cost to start a business? Immediately smiled and said: "Yes, do you need my help? You can put your studio under the name of Fox Films, so that it is convenient for you to operate."

If it were another filmmaker, it would be a great kindness, but Twain is different, working for Fox Films? He wasn't in the mood.

"That's unnecessary. I have my own film concept." Tang En declined the other party politely, "To be honest, Bill, I need money now, a lot of money."

Bill McNick was a little confused: "You may know the situation of Fox Films. In the past two years, a large amount of money has been invested in the "Titanic" project, and now some funds have finally been recovered. He has it."

Tang En sat up straight and said seriously, "Bill, just treat me as a favor, I need it urgently now."

Bill McNick took a deep look at Dun En, and pondered for a while, "How much do you need? There are too many...I can't mobilize them either."

"One hundred million is enough!"

According to the current global box office, Tang En can get 120 million US dollars, but he only called out the demand of 100 million US dollars.

In total, he gets more than $180-190 million in dividends, throwing out the tax expense, adding a portion of the tax refund, and only $100 million is his net income.

Fortunately, in the United States, tax returns are filed in mid-April every year. Dunn can wait until the movie is released, and directly take the second dividend to file taxes, which will not affect his planning.

"This amount...isn't small." Bill McNick sighed, a little embarrassed.

Tang En said: "Bill, as I said, the box office guarantee for this film is 1.8 billion US dollars, so...Fox Pictures will not lack funds in the future."

The words implicitly imply to the other party that I brought the great success of "Titanic" and relieved your work pressure!

"Well, within five days at most, 100 million US dollars will be credited to your account."

After all, Bill McNick wanted to accept Tang En's favor and pay his dividends in advance, which could be regarded as a reward for his past work.

"Thanks."

Tang En finally smiled on his tense face.

...

Three days later, the funds arrived.

Tang En was not in a hurry to open a stock account in New York, but was thinking about whether he had lost something important...

Suddenly, manager William Mihawk called, "Twain, there is a project now, I wonder if you are interested in it."

"Big project?"

Tang En raised his eyebrows. He had already stated that he was not interested in investing 18 million in independent films!

"That's right, it's a big project, New Line Pictures' "Lord of the Rings" trilogy!" William's tone was loud, but his voice was very calm.

Tang En was stunned for a moment, "Lord of the Rings"? How can this be?

"Isn't that a Peter Jackson project?"

"That's right, Peter Jackson is the director of the movie."

"Huh?" Tang En narrowed his eyes, a little displeased, "Producer? How much is the salary?"

"No, no, Tang En, you misunderstood. The job Peter Jackson invited is not a producer. He doesn't have the right to do so. The job he invited is an assistant director."

"Deputy director?"

Tang En thought that his ears had misheard, and his eyes widened in disbelief.

Isn't Peter Jackson's airs too big?

Let me, the director of the world's top-grossing movie "Titanic", run errands for you as your assistant. Are you bullying others, or are you just kidding me?

Anger instantly surfaced on Tang En's face.

unacceptable!

Huh? etc!

Something is wrong...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like