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Writers strike is a go
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<blockquote data-quote="Thornir Alekeg" data-source="post: 3886056" data-attributes="member: 15651"><p><a href="http://www.iht.com/articles/2005/01/23/business/dvd.php?page=1" target="_blank">Interesting article</a> from almost 3 years ago when the SAG was negotiating. Sure, there is revenue generated by DVD sales and internet generation. I understand the writers wanting their piece of the action, but at the same time the writers get a minimum, whether the show or movie is a hit or it sucks. </p><p></p><p>The movie 300 was a huge hit. It had a budget of about $60 million. Worldwide box office receipts were $456 million. Theaters keep about 50% of the box office receipts, so that comes to about $228 million for the studio. It has sold an estimated 8.33 million DVDs* so far. If the studios get about $12 for a DVD, as stated earlier, $100 million for the studio. The $0.04 per DVD for the writers comes to $333,000 to divide. The actors' $0.15 gets them about $1.25 million. No idea what the director's cut is. So, based upon a huge hit movie, the writers do look like they are getting the shaft. </p><p></p><p>But...</p><p></p><p>The movie Evan Almighty was one of the biggest losers of all time in absolute dollars. With a budget of $175 million, its worldwide box office gross was about $172 million. At 50% of the box office, Evan Almighty lost about $89 million dollars. It has so far sold an estimated 1.2 million DVDs*. At $12 per DVD for the studio that comes to about $14.4 million, so it is at a loss of about $75 million dollars. The writers cut of the DVD sales comes to about $48,000 to split and the actors get about $180,000 on a movie that still has not made a profit. </p><p></p><p>The article I linked above said that the actors backed down on higher DVD revenue rather than change the model so that movies have to make a profit before they start getting a residual. It will be interesting to see how this all shakes out. In the meantime, I will catch up on recorded shows, rent some DVDs of movies I never got to see and maybe will be able to spend a little more time with the family with the TV turned off because there won't be anything worth watching. </p><p></p><p>* DVD sales estimates taken from <a href="http://www.the-numbers.com/" target="_blank">The Numbers.com</a></p></blockquote><p></p>
[QUOTE="Thornir Alekeg, post: 3886056, member: 15651"] [URL=http://www.iht.com/articles/2005/01/23/business/dvd.php?page=1]Interesting article[/URL] from almost 3 years ago when the SAG was negotiating. Sure, there is revenue generated by DVD sales and internet generation. I understand the writers wanting their piece of the action, but at the same time the writers get a minimum, whether the show or movie is a hit or it sucks. The movie 300 was a huge hit. It had a budget of about $60 million. Worldwide box office receipts were $456 million. Theaters keep about 50% of the box office receipts, so that comes to about $228 million for the studio. It has sold an estimated 8.33 million DVDs* so far. If the studios get about $12 for a DVD, as stated earlier, $100 million for the studio. The $0.04 per DVD for the writers comes to $333,000 to divide. The actors' $0.15 gets them about $1.25 million. No idea what the director's cut is. So, based upon a huge hit movie, the writers do look like they are getting the shaft. But... The movie Evan Almighty was one of the biggest losers of all time in absolute dollars. With a budget of $175 million, its worldwide box office gross was about $172 million. At 50% of the box office, Evan Almighty lost about $89 million dollars. It has so far sold an estimated 1.2 million DVDs*. At $12 per DVD for the studio that comes to about $14.4 million, so it is at a loss of about $75 million dollars. The writers cut of the DVD sales comes to about $48,000 to split and the actors get about $180,000 on a movie that still has not made a profit. The article I linked above said that the actors backed down on higher DVD revenue rather than change the model so that movies have to make a profit before they start getting a residual. It will be interesting to see how this all shakes out. In the meantime, I will catch up on recorded shows, rent some DVDs of movies I never got to see and maybe will be able to spend a little more time with the family with the TV turned off because there won't be anything worth watching. * DVD sales estimates taken from [URL=http://www.the-numbers.com/]The Numbers.com[/URL] [/QUOTE]
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