Reply to thread

Message

<blockquote data-quote="Dannyalcatraz" data-source="post: 7661288" data-attributes="member: 19675">About that 5%.While 5% of anything in the movie contracts going to Marvel may not sound like much- and IS indicative of the relative bargaining positions of the parties- if the bargained-for compensation was derived from &quot;revenues&quot; and not &quot;profits&quot;, than Marvel actually did pretty well.&nbsp; Hollywood is full of sharks, and most deals struck with outsiders for a share of &quot;profits&quot; are just a legalized robbery.Because in Hollywood accounting, most movies don't show a profit.&nbsp; If you want to make money in a Hollywood deal, ALWAYS make sure you get paid up front or- if by percentages- out of revenues.Is it better for Marvel to get out of those contracts now?&nbsp; Most probably.&nbsp; But in the context of the time in which they were negotiated, they really were not only a lifeline for a struggling company, but were actually pretty well negotiated and drafted.</blockquote>

[QUOTE="Dannyalcatraz, post: 7661288, member: 19675"] About that 5%. While 5% of anything in the movie contracts going to Marvel may not sound like much- and IS indicative of the relative bargaining positions of the parties- [I]if the bargained-for compensation was derived from "revenues" and not "profits"[/I], than Marvel actually did pretty well. Hollywood is full of sharks, and most deals struck with outsiders for a share of "profits" are just a legalized robbery. Because in Hollywood accounting, most movies don't show a profit. If you want to make money in a Hollywood deal, ALWAYS make sure you get paid up front or- if by percentages- out of revenues. Is it better for Marvel to get out of those contracts now? Most probably. But in the context of the time in which they were negotiated, they really were not only a lifeline for a struggling company, but were actually pretty well negotiated and drafted. [/QUOTE]

Verification