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Old July 5th, 2013, 12:42 PM   #1
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Million Dollar Deal

Here's a little video blog on what happens with a million dollar movie deal

[video=youtube;JLwk8iIqwz4]http://www.youtube.com/watch?v=JLwk8iIqwz4[/video]
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Old July 5th, 2013, 07:12 PM   #2
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Re: Million Dollar Deal

Am I missing something? Blair Witch Project grossed over $200m, why would the investors/producers be paid from the $1m sale price of the film rather than from the net proceeds.
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Old July 6th, 2013, 09:15 PM   #3
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Re: Million Dollar Deal

That was never in their contract. The investors made a huge percentage off of their initial capital, so they got nothing to complain about. How many investments put up $35,000 cash and payout $470,000? That's a 12 to 1 payout.

The producers only got points after it grossed over $50 million. The actors were not contractually obligated to get anything past their original salaries, but the producers gave them a lot of money out of generosity.
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