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He has an agent for sure because he was just posting about the 750K he got for getting North Hollywood up on Showtime. Now take a wild guess what parent company owns Showtime! They just rebranded too
Viacom? I don’t get it
Viacom = Paramount.
Seems like more coincidence than anything meaningful. I’m sure Showtime needs cheap content for their service, and $750K was just the most money his agents (seems like WME / Endeavor content represented the film) could get for the streaming rights. Also, not sure what the waterfall looks like, but with all of Mikey’s probable investors who financed the film, guessing he’s not keeping the whole pie.
Or any of it if the reported budget is accurate
Yeah, it has always been my understanding that it’s actually pretty uncommon for movies of this size to make any money.
i'd say the goal of a movie like this is to sell it to a distributor at a major festival and that's where you can make money.
however, this movie never made it into any of the buyers' festivals and every distributor passed on it when they did showcase screenings, so they basically had to go "the self-published ebook on amazon" route and release it straight to apple tv.
budget-wise, the lions' share likely went to Vince Vaughn and Miranda Cosgrove. I highly doubt either of them would take points on this, but I wouldn't doubt if they got something. Prints & Adverstising usually is a hidden cost that can, for major movies, get pretty pricey (i forget how close to the shooting budget it gets).
P&A usually equals the production budget, which is why a lot of distributors claimed they weren’t the right marketing partners for the film, they have to acquire the film then spend that much again marketing the film.
It’s why a lot of films die on the shelf, it’s often easier to not commit the marketing spend and just dump it to VOD, instead of going deeper into a sunk cost. But sometimes a film that didnt turn out well will have a screen number commitment - say a wide release of 2K screens or something, but it will just last a weekend - all contractual.
as someone who recently started working in this industry, you are pretty dead on.
i've screened a lot of movies since working this job, most of them have bigger names than vince vaughn and miranda cosgrave and even that isn't good enough to pick up, let alone market for VOD or TVOD. sometimes even the agents representing the film demand a lot because of star power, but at the end of the day - it won't make money for the distributor. now there are some shitty films we pick up, ex. a boring thriller starring one of the leads from Game of Thrones? fuck it, people will watch it and they have. and it pays itself off.
but, skater-drama-comedy with minor supporting roles with vince vaughn and miranda cosgrove, with a director who is demanding A, B, C for his movie? nah... not worth the risk to lose money on something that won't pick up steam and ultimately will have a company lose money.
also wouldn't be surprising if mikey had this movie submitted for every film fest under the sun, and got rejected at each one.
Topic: Tyshawn shots fired at Mikey Alfred and Illegal Civ (Read 173212 times)