Chereads / Hollywood Parallel Entertainment / Chapter 23 - 23. Success

Chapter 23 - 23. Success

A month later,

 

After finishing the morning exercise, Sam called his system to watch the FP that has currently accumulated.

 

Name: Sam Sandles 

Health: 100/100 (full health)

Skill: Director (low) management (minimal) 

FP: 1,000,900.

 

[The skill starts from minimal, low, medium, high, and perfect.]

 

[The Fame points required are 1,000, 10,000, 100,000, 1,000,000, and 10,000,000]

 

Sam was grinning happy now that he has such a huge amount of FP, so that he can perfectly plan for the future.

 

But firstly, he will upgrade both the director and management skills, as his new film might require better direction from him, and if he wants to take his studios to higher levels, he will need good management skills to be a qualified boss.

 

Name: Sam Sandles 

Health: 100/100 (full health)

Skill: Director (medium) management (medium) 

FP: 790,900.

 

Watching the decrease in the FP, he was sad, while looking at the upgraded skills, he was happy.

 

Although he did not feel any change in himself, he knew that when he uses these skills the next time, he will feel differently.

 

Inside the Sparkling Pictures building, Sam, Elijah and Kevin were sitting in his nominal office, as he had only been here a few times.

 

Looking through the latest newspaper, Elijah was shocked and speechless.

 

Thinking about the box office collection of these four weeks, he sighed gratifyingly.

 

The cumulative box office collection of these four weeks is around 28 million.

 

The first weekend's box office was 10 million dollars; the dip in the income was minimal, with 10% on the second weekend, garnering about 8 million dollars.

 

While the third and fourth weekends also saw an income of 6 and 4 million, respectively.

 

And this movie might also get an extension to stay at the theaters for another month, but it has less significance to the distributors.

 

The early weeks box office revenue favors the film studios/distributors, with up to 70% of profits going to distributors, while the later weeks tend to move toward the theaters, as the revenue is split between 50% and 50% or even 60% taken by the theaters.

 

A film that has made 6× margin more than the production cost in its theater release has shocked the whole industry.

 

Elijah smiled and turned his head towards Sam; they are currently sitting at the office of Sparkling Pictures.

 

Elijah exclaimed, "SSam, you really made a miracle this time; your movie really shocked the industry this time.

 

"In the last 10 years, it is the first movie that has made more than five times the profits."

 

"I too did not expect any of these." Sam also grinned and nodded satisfyingly, as he too did not expect the results to be this dazzling.

 

In the following period of time, Sam has to make another good film so that he can solidify his fame in Hollywood.

 

But before all that, he needs to sell the future sequels of his current movie, as it can be made into 2-3 series.

 

He has no intention to direct the second part or any other parts of this film and wants to sell it in a bundle.

 

So he decides to let Elijah negotiate with Philips about the sequels and let this news be leaked, so that it can put pressure on the Big E Studios and let them earn some decent money.

 

Inside the chairman's office, Big E Studios, Philips looked at the chairman, who was beaming with happiness.

 

The chairman said, "You have done a good job by investing in this movie, but you might have as well invested fully; why just invest half of it?"

 

Philips thought but did not say that, even for that half of the investment, he had to go through great pains to convince the chairman for a whole week.

 

Only then did he get approval for this investment, which was only half, and now he is here, shamelessly talking about the full investment.

 

Philips nodded and didn't argue. "II got the news from Sam's agent that they are planning to sell the two sequels of the film and asking us if we are planning to buy them."

 

"And they also told me that the scripts for those two films will be written by Sam himself."

 

The Chairman nodded," so he's going to be the director for those films, right?

 

Philips hesitantly replies, " No, he said that he is going to develop a new project, so he doesn't have the time for directing the next sequels for this movie."

 

"New project? That boy really thinks that he is something special, huh! Every director is adept in a particular genre."sneered, the chairman.

 

The chairman continued, "Now that he has proven his excellence in the comedy genre, then he should stick to it; why take the risk?"

 

"Let us not continue about this topic; tell me how much money they are expecting from us for those sequels."

 

Philips truthfully replied that he didn't know while he heard the news that other studios also got the wind of it and were talking with Sam's agent about those sequels.

 

But Philips reassured the chairman that Sam has given him the promise that if they were to them at the market price, the priority purchase will be with them. 

 

The chairman snorted and said nothing, but Philips knew that he was angry with Sam's shamelessness.

 

But Philips did not worry about that anymore, as he knows that the chairman might be stingy, but he is still a qualified businessman.