Chapter 161: A 3 plan

"Matt's last "Genius Preley" paid $5 million!"
In the office, Howard, the agent from William Morris, said seriously: "The "Genius Preley" has a budget of 40 million U.S. dollars and a North American box office of 87 million U.S. dollars! The film is very successful! Mr. Anderson, you offer 4 million U.S. dollars in remuneration. , Does not conform to Hollywood practice!"
Ronan retorted: "Mr. Matt Damon has never proven himself in commercial films in the past. He is starring in a brand-new type of film, and he is also facing a whole new audience. In the past, he was biased towards literary films. Not much reference value!"
Howard emphasized: "Isn't "Genius Preley" a commercial movie? Isn't "Saving Private Ryan" a commercial movie?"
Ronan knows very well that Matt Damon’s last film paid up to 5 million U.S. dollars, and "Genius Preley" has a box office success. 4 million U.S. dollars is definitely not enough.
But Howard not only wants 7 million US dollars in salary, but also pays later, which naturally has to be discussed.
After Matt Damon came to the crew to audition, it only took three days to negotiate the salary. In just three days, Ronan had four talks with Howard.
This kind of negotiation is very necessary. The celebrities are full of self-confidence. They can offer film remuneration, and third-tier celebrities dare to ask for more than 10 million US dollars.
The remuneration negotiations with Matt Damon also involve the next two sequels. Once "The Bourne Shadows" is successful, a sequel will definitely be filmed later. The first film will be paid very high and will be divided into later two. What about the Ministry?
Like a movie starring Tom Cruise, one person will share a third of the profit?
Ronan has also tried to sign a three-part director contract with Matt Damon at one time, but Matt Damon is a second-tier star, or a popular one, which is completely different from Paul Greengrass. Howard didn't even talk about it.
After talking for three days, the two sides finally reached an agreement on the pay. Matt Damon will pay 6 million U.S. dollars for the movie "The Bourne", without any subsequent share.
But Matt Damon has some doubts about the first cooperation with Shahai Entertainment, and requires third-party payment for film remuneration.
This is the remuneration payment method that many star actors often use when cooperating with small companies or independent filmmakers. Ronan is undoubtedly an independent filmmaker in Hollywood.
The so-called third-party payment means that the celebrity requires the producer to deposit the full remuneration in a major bank in the United States, and then pay the remuneration to the actors in accordance with the contract signed by both parties.
This payment method can help actors effectively avoid risks and provide better protection because it ensures that the producer is able to pay.
Although this would increase the cost of Shahai Entertainment to some extent, Ronan considered the financing and shooting and agreed to Matt Damon's request.
Shahai Entertainment opened an account in Bank of America, loaned $6 million from Relativity Entertainment, and then deposited it. This fee is included in the cost of the film.
Ronan agreed to such a request, and of course there are corresponding conditions, requiring Matt Damon to enter the "Bourage" crew after this year's Oscars ceremony to participate in the action training before shooting.
Training is a must if you want to take pictures effectively.
There was not much disagreement between the two sides on this point, and Madam Damon also agreed.
After negotiating the most critical film remuneration and other points, the remaining odds and ends such as schedule, medical insurance benefits, signatures, and changing facilities, Ronan was all handed over to an associate producer.
Instead, he contacted Bob of the Firefighter Fund and submitted a series of prepared documents to the insurance company.
The addition of star actors is also conducive to applying for a third-party completion guarantee.
Moreover, all the films planned by Shahai Entertainment in the last three years have been filmed, which is also a favorable condition.
On the second day after the crew and Matt Damon signed a formal contract, a team of professionals from the Firefighters Fund, including underwriters, claim adjusters, and loss prevention representatives, began to enter the crew for review. If both parties sign a formal third party After the completion of the guarantee contract, this team will also leave a few capable personnel on the crew.
Don't expect to fool these people with little tricks. Insurance companies hire senior practitioners who have worked in production companies.
When the film insurance company decides to underwrite the film, it will start its own "risk prevention" system. First, it will understand the health conditions of the most important directors and star actors, and arrange periodic inspections during filming. Stars with hobbies or poor physical conditions are given special supervision.
For example, during the filming of "Sex Book Tycoon" in 1996, because the heroine Courtney Love had a history of drug abuse, the Firefighter Fund required Courtney Love to undergo drug inspections every week, otherwise no insurance would be provided.
Preliminary preparations were sufficient, Matt Damon and Paul Greengrass were in great shape, and "The Bourne" successfully passed the firefighter fund review. In addition to the general insurance contract, the two parties soon signed a third-party completion guarantee contract.
Since "The Bourne Evidence" is an action movie, there are many action shots. According to Hollywood practice, the third-party completion guarantee is 4% of the budget, which is 2 million US dollars. If the budget increases in the later period, the insurance cost will also be Increase accordingly.
The greatest effect of this film completion guarantee is that in the event of a problem with the producer and crew, the insurance company can take over the crew to ensure that the film can be completed.
If it cannot be completed, a total of 60 million US dollars will be paid to all investors.
The biggest use of this insurance contract is to give confidence to potential investors, thereby attracting investment for the crew.
Film completion guarantee is a very important system in Hollywood film production. When many investment funds invest in film projects or banks provide loans for film projects, they will definitely require these projects to obtain film completion guarantees.
Of course, this can also ensure that those who invest in the crew can not withdraw funds at will.
The completion guarantor will set up a third-party account for the crew. All investors need to inject the promised investment into this account within the time limit. During the validity period, no one can withdraw the money without the signature of the completion guarantor.
In "The Bourne", Ronan is not ready to play tricks in the budget. With the great reputation and influence of Allianz Group and its firefighter fund in the insurance industry, it strengthens the confidence of potential investors and makes them feel confident and bold. Invest in this project of Shahai Entertainment.
With insurance company guarantees and successively successful film projects of Shahai Entertainment and Relativity Entertainment, Ronan does not need to be cheated like he did during his first trip to Abu Dhabi.
It is no exaggeration to say that the completion guarantee is the key to Hollywood's external financing.
Of course, there are advantages and disadvantages.
The insurance company will fully intervene in the work of the crew, such as analyzing each scene in the script in advance to see if there are potential risks. Once the shooting starts, it will send a sharp-eyed loss prevention representative to the shooting site to ensure that the shooting is done in a safe manner If it is found that a certain shot may pose a threat to the lead actor, the loss prevention representative will prevent the lead actor from participating in the performance and so on.
How can there be things in this world that only take benefits without paying.
It is not an exaggeration for the larger-scale Hollywood crews to say that they are spending money like water. Perhaps the production costs announced by major companies have various frauds, but the actual costs will not differ much.
The third-party guarantees for the filming of the film "The Bourne" crew and other general insurance costs have already spent nearly 2.5 million U.S. dollars. There are still a large number of crew and equipment not in place. The total insurance costs are expected to cost about 3 million U.S. dollars.
Insurance must be purchased. The directors’ union and actors’ unions have hard and fast regulations. Shahai Entertainment has developed to the present, with the investment scale of "The Bourne", if you don’t register and file with the union, people who are looking for trouble can line up.
Moreover, there is no harm in buying insurance in the film industry. The probability of accidents in film studios is too high.
After getting a third-party insurance contract, and star actors like Matt Damon joined, Ronan also increased his confidence in financing, and all kinds of preparations have been accelerated.
The company's information, related film information, and certifications from various associations, Lin Lin always prepared a lot of them, packed in three big suitcases.
Less than the first trip to Abu Dhabi.
Because of the targeted goals this time, Robert made contact with the Falch Foundation and the Mountain Foundation in Mumbai, India. The former did not say ~EbookFREE.me~ but the latter had a strong interest in investing in Hollywood productions. interest of.
As long as you are interested.
During this trip to India, Ronan formed a small team. Mary wanted to stay in Los Angeles to handle a series of financial tasks, and temporarily launched a financing team. George Clint, as the production manager of the crew, must accompany him as a representative of the distributor. Garcia Rodríguez joined in, as well as three ordinary employees who are good at outreach.
One of them, Connie, a graduate of the University of California Business School, temporarily serves as Ronan's assistant.
There are also two bodyguards.
After preparing for the preliminary work, Ronan held two more internal meetings, focusing on the internal structure of the two foundations, as well as the information of the relevant persons in charge passed by Robert, in order to have a targeted after arriving in Mumbai.
Ronan has never been to India. In his previous life, he was called an open country. Another impression was that the status of women was particularly low, and there were endless incidents of violence and strength...
However, the actual investigation data now shows that although some Indians are not as embarrassed as the Arab oil tycoons, they are waving checks and buying randomly all over the world.
Perhaps countries with soaring national power will go through such a stage.
In mid-February 2000, Ronan embarked on a trip to India with his investment promotion team.
The A-3 plan has officially entered the implementation stage.