Chapter 052 I will do the bad guys
Kapoor Sid agreed and the two parties began to discuss the acquisition plan. In Eric's view, the most valuable thing about Sid's agency is Kapoor Sid himself.
Although Kapoor is not one of the five-member founding teams of CAA, his abilities are not much worse than them. The remaining seven or eight agents and more than twenty less-afford actors in the company are basically of no value, at least not worth it before Eric acquired it.
Sid's agency has not had first-class actors, but because of Michael Orwitz, several well-known actors had to choose to leave after persisting for a while. The ones who stayed there were really because they could not find a better way out. After all, Kapoor was still very capable. Although his actors were difficult to stand out in the shadow of CAA, they could always receive roles in some independent movies or TV series.
"Eric, one million dollars, it's hard for me to accept..." Kapoor was a little dissatisfied with Eric's offer. At CAA, his annual salary was more than one million dollars.
Eric said calmly: "Kapole, what is valuable to your agency is only the agency contracts of more than 20 actors, and these don't make much sense to me. If I want, I can find hundreds of actors of that level at any time."
Kapoor retorted: "Eric, they are all excellent actors. After being an agent for so many years, my vision will definitely not be bad. They just lack opportunities."
"All the actors who struggle at the bottom of Hollywood just lack opportunities. Kapoor, that one million can be said to be completely my personal gift for you, and they also leave you with 10% equity. I believe that in a few years you will find that you have taken a big advantage. As for them, what I can give is the opportunity they dream of."
Kapoor sighed and nodded slightly when he knew Eric was telling the truth.
Since the agreement has been completed, the two parties quickly signed a contract and the brokerage company changed its owner, and the name must be modified. Eric unscrupulously used the name "United Elite Brokerage Company", abbreviated as UTA, which is one of the five major Hollywood brokerage companies that were tied with giants such as CAA and WMA in their previous life. However, UTA in their previous life was established in 1991.
It was already noon after finishing these things. After lunch, Eric followed Kapoor Sid to the office of Shid's agency in Burbank. Kapoor Sid only rented a few offices here, which seemed very shabby.
However, the office was crowded with people at this time, and they also knew that today was a special day for this brokerage company.
When Eric saw these agents and actors with expectations, he suddenly remembered a question. He just nodded to everyone, then pulled Jeffrey and Kapoor into a separate office and asked, "Kapore, what is the commission for your agency now?"
"Six percent."
"So little?" Eric was a little surprised: "Isn't it ten percent?"
Jeffrey jerked, "Eric, you're talking about it a long time ago."
Kapoor also explained: "Since... CAA broke this convention for competition, the share of brokerage companies has become lower and lower. Especially for small brokerage companies like us, it is impossible to collect 10% of the share. Now there are only two companies that are confident to collect 10% of the share. After CAA's rise, in addition to the lower commissions of big-name stars, the share of second- and third-rate small stars has been restored to 10% of the share."
Eric thought for a moment and said, "Change the agreement and increase the commission to 10%.
"Eric, is this a bit inappropriate?" Before Kapoor could answer, Jeffrey couldn't help but object.
Eric explained: "If you don't modify it now, the impact of increasing the commission will be greater when the brokerage company develops, so... who will announce it?"
Jeffrey and Kapoor looked at each other and turned their eyes to Eric.
"Well, okay, I'll do this bad guy."
...
"No need for me to introduce you, everyone must know who I am. Now I officially announced that I will become the new owner of this agency, and the company is renamed UTA. My next film will start filming after the New Year. As long as you have a suitable image and pass the audition, you will be given priority to the roles in the film. Everyone knows "Hometown" that people like Stewart Langkel and Matthew Perry, who were originally unknown, have now become popular stars. Some other supporting roles who could only play TV series have also successfully entered the big screen because of their participation in "Hometown".
Seeing the undisguised joy in the expressions of the people in front of him, Eric knew that it had been enough to lay the groundwork, and then changed the subject and said, "But, I am a capitalist, not a philanthropist. I will give you opportunities that were difficult to obtain in the past, and at the same time I need to receive returns. Therefore, the contract of the actors in the company needs to be revised and the commission will be increased to 10%. If someone finds it difficult to accept, he can choose to terminate the contract and leave."
After Eric said that, he turned around and returned to the office again, giving everyone some time to consider. He believed that as long as these people have normal IQ, they would not choose to leave at this time.
In the office, Jeffrey and Kapoor are already discussing the preparations for "The Pretty" .
"Eric, Jeffrey said you want to invite Sophie Marceau as the heroine?" Kapoor asked.
Eric nodded, "Yes, is there any problem?"
Kapoor said: "If you want to start filming after the New Year, I advise you to change people. Because you were going to Europe to develop, I am paying attention to the news over there during this period. Sophie Marceau is filming Andre Zoraski's new film. With the progress of Andre's filming movie, even if your "Fengyue Pretty" is released, he may not be able to finish the film."
Eric recalled that according to time, Sophie was probably filming the movie "My Night Better than Your Day" which some viewers called the alien movie. The name is beautiful, but the content is a bit unclear, but it is indeed Zorasky's usual style.
"Then use Julia Roberts, Kapoor, I hope you can be Julia's agent yourself."
Jeffrey advised again: "Eric, you should know that your movie cannot fail. Now many people are waiting to see your jokes, so..."
"Jeffrey, I know what you mean, but," Eric smiled and said, "Didn't you read those newspapers? With the reputation I have accumulated in the first two movies, even if the new movie is made into a piece of shit, you can make money. So, as long as the movie is of no problem, it is difficult to fail, so why don't we take this opportunity to promote our own actress?"
"What if that Julia Roberts doesn't act well?"
Eric smiled with a strange ambiguity: "Don't worry, I will teach her myself."
...
As Eric expected, none of the actors in the agency chose to leave and accepted the new contract proposal proposed by Eric.
After dealing with these things, Eric was about to drive home. Jeffrey walked up and sat in the passenger seat: "Eric, my car has been taken to maintain, can you send me a ride?"
"no problem."
When he drove on the road, Jeffrey asked with concern: "Eric, what happened to you and...Drew, I read the newspaper today and said that she went to find you again yesterday, as if her mother, Eddieko, had also gone to your house?"
Eric did not hide from Jeffrey and said in detail what happened yesterday.
"That's right... it's good. Drew is an actor with good talent. But do you want her to live in your house all the time? You have no blood relationship with her. If you keep doing this, coupled with the hype of media and public opinion, even if Drew's mother doesn't cause trouble for you, the Children's Protection Association will come forward. Drew is only thirteen years old after all."
"Don't worry, I know this too. I'm already planning to send Drew to boarding school."
"That's good," Jeffrey nodded: "Eric, you don't really have... Lolita complex, are you?"
The car that was moving steadily suddenly slowed down, and the Chevrolet behind it was already a little close. Eric almost rear-end the other party stopped. Regardless of the coming and going of cars on the road, the fat white man in Chevrolet stretched out his head from the window and started cursing.
Eric controlled the steering wheel and threw away Chevrolet behind: "Jeffrey, look at Drew's age, but he looks like Lolita?"
That was obviously a little fox who had been practicing for at least five hundred years.
Chapter completed!