Chapter 308 Soaring Sales(2/2)
Madonna also knows that Gucci does not expect to make money when producing the "Gucci Seal", but only to promote the brand, which is why she invests so much. She has seen the cost figures of the "Gucci Seal" in some recent newspapers. A total of 10 million US dollars.
Gucci spent US$7.5 million on the production and publicity budget, and she was not willing to take this risk.
"What about the second one?"
"The second is the advance payment plus profit sharing model you proposed. Daenerys Entertainment bears all production and publicity costs, but I can only give you an advance payment of US$500,000 plus a 20% profit sharing."
Madonna's original advance of US$2 million was roughly equivalent to buying out the rights to the documentary. Ella Deutschman now reduced the advance to US$500,000, which is equivalent to Madonna's current salary level.
After thinking for a moment, Madonna said: "1 million US dollars, 30% profit share."
Ella Deutschman shook her head and said: "20% at most."
Madonna seized on Deutschman's words and said: "Okay, $1 million, 20% profit share."
"Maggie, what I mean is 500,000 US dollars plus 20% profit sharing. You have to understand that if you don't choose the first option, Gaomen Pictures will bear all the investment risks."
Madonna insisted: "One million US dollars plus 20% of the profit share, this is my bottom line. Ella, if you don't agree, I will find other film companies to cooperate."
Ella Deutschman had a troubled expression on her face. After hesitating for a moment, she reluctantly stood up and stretched out her hand to Madonna, saying: "Okay, Maggie, let's make a deal."
Madonna stood up and shook hands with Deutschmann. After sitting down, she felt that if she had persisted just a little longer, she should have gotten more.
It seems that Ella Deutschman shouldn't be so easy to talk to. Everyone in the circle knows that he likes to give people ultimatums. If it works, it will work, and if it doesn't work, forget it.
this time……
Suddenly the figure of a certain guy came to mind, and Madonna immediately regretted it even more.
Sure enough, you should hold on a little longer.
However, although she regretted it, Madonna did not go back on her words. The advance payment of US$1 million plus a 20% profit share should be the final plan acceptable to Gaomen Pictures.
If you think about it carefully, Madonna doesn't have high expectations for the box office level of "Image of Gucci". After all, she has the failure of "Shadow Dancer" before her. But as long as this documentary can reach a box office of 10 to 20 million US dollars in North America, she will be able to achieve a total of 10 to 20 million US dollars in the future.
She can earn millions of dollars, which is a lot of money for her.
Moreover, although we don’t expect it, who dares to say that it is impossible.
The team predicts that her concert box office revenue next year should exceed US$50 million, and she personally will receive 40%, which is US$20 million.
If the concert documentary under the management of Simon Westeros can really do as well as "The Gucci Mark" at the box office, just 20% of the documentary's omni-channel income will be able to catch up with the income brought to her by the concert itself.
This is also the fundamental reason why Madonna did not choose other Hollywood studios that could give her more advance payments.
Chapter completed!