"Matt's last film "Genius Prely" paid $5 million!"

In the office, Howard, an agent from William Morris, said seriously: "The Genius Prely budgeted $40 million, and the box office in North America is as high as $87 million! The film is very successful! Mr. Anderson, you offer a $4 million salary, which is not in line with Hollywood practice!"

Ronan retorted: "Mr. Matt Damon has never proved himself in commercial films in the past. He is starring in a new type of film and facing a new audience. Films that are more literary and artistic in the past do not have much reference value!"

Howard emphasized: "Is "Genius Prely" not a commercial movie? Is "Save Private Ryan" not a commercial movie?"

Ronan knew very well that Matt Damon's previous film paid $5 million, and "Genius Prely" was successful again, and $4 million was definitely not enough.

But Howard not only needs $7 million in salary, but also needs to share the money in the later stage, so we naturally need to talk about it carefully.

After Matt Damon came to the crew for audition, he had a dispute over the three days just for the pay negotiations. In just three days, Ronan talked with Howard four times.

This kind of negotiation is very necessary. All the celebrities are full of confidence. They can pay any money, and third-tier stars dare to ask for more than 10 million US dollars.

The pay negotiations with Matt Damon also involve the next two sequels. Once "The Spy" is successful, the sequel will definitely be filmed later. The first one will have a high pay and a later share. What should I do with the next two?

Like the movie starring Tom Cruise, do you share one-third of the profits alone?

Ronan also tried to sign a director contract with Matt Damon for one-time, but Matt Damon is a second-tier star or a popular one, which is completely different from Paul Greengrass. Howard doesn't even talk about this.

After three days of talk, the two sides finally reached an agreement on the pay. The pay for Matt Damon starring "The Spy" was $6 million, and there was no later share.

But Matt Damon had some doubts about the first time Shahai Entertainment, and asked for a third-party payment method.

This is a pay payment method that many celebrity actors often use when working with small companies or independent film producers. Ronan is undoubtedly an independent producer in Hollywood division.

The so-called third-party payment means that the celebrity requires the producer to deposit the full amount of the film to large banks in the United States and then pay the compensation to the actors in succession based on the contract signed by both parties.

This payment method can help actors effectively avoid risks and provide better protection because it ensures that the producers are able to pay.

Although this will increase the cost to Shahai Entertainment, Ronan considered that it would be financing and filming later, so he agreed to Matt Damon's request.

Shahai Entertainment opened an account in Bank of America, borrowed $6 million from Relativity Entertainment, and then deposited it into it. The cost was included in the cost of the video.

Ronan agreed to such a request, of course there are corresponding conditions, requiring Matt Damon to join the crew of "Spy Shadows" after the annual Oscars ceremony and participate in action training before filming.

If you want to shoot it effectively, training is necessary.

There was no big objection to both sides, and Motor Damon also agreed.

After the most critical pay and other points were negotiated, the remaining issues such as schedules, medical insurance benefits, signatures, nudity and changing facilities were all handed over to an associate producer to take charge of.

He turned to Bob of the Firefighter Fund and submitted a series of prepared materials to the insurance company.

Having celebrity actors joining is also conducive to applying for third-party film completion guarantees.

Moreover, all the films planned by Shahai Entertainment in the past three years have been completed, which is also a favorable condition.

On the second day after the crew signed a formal contract with Matt Damon, a group of professionals such as underwriters, claims makers and loss prevention representatives began to join the crew for review. If both parties sign a formal third-party film-finishing guarantee contract, the group will leave several capable personnel to stay in the crew.

Don't expect to fool these people with small means. Insurance companies hire all senior practitioners who have worked in production companies.

When the film insurance company decides to underwrite the film, it will launch its own "risk prevention" system. First, it will understand the physical condition of the vital directors and celebrity actors, and arrange periodic examinations during the filming period to give special supervision to some celebrities with bad habits or poor physical condition.

For example, during the filming of "The Sex Book Tycoon" in 1996, because the heroine Kotney Love had a history of drug use, the Firefighter Fund required Kotney Love to undergo drug inspections every week, otherwise insurance would not be provided.

Preparations were made in the early stage, Matt Damon and Paul Greengrass were in good health, and "Spy Shadows" successfully passed the firefighter fund review. In addition to the general insurance contract, the two parties soon signed a third-party film-finishing guarantee contract.

Since "The Legend of the Spy" is an action film, there are many action scenes. According to Hollywood conventions, the insurance amount for third-party film completion is 4% of the budget, that is, 2 million US dollars. If the subsequent budget increases, the insurance costs will also increase accordingly.

The biggest benefit of this film-finishing guarantee is that once there is a problem with the producer and crew, the insurance company can take over the crew to ensure that the film can be completed.

If it cannot be completed, a total of US$60 million will be paid to all investors.

The biggest use of this insurance contract is to give potential investors confidence and thus attract investment for the crew.

Finishing guarantee is a very important system in Hollywood film production. Many investment funds will definitely require these projects to obtain a Finishing guarantee when investing in film projects or banks provide loans to film projects.

Of course, this can also ensure that those who invest in the crew cannot withdraw their investment at will.

The film-finishing guarantor will establish a third-party account for the crew. Investors from all parties need to inject the promised investment into this account according to the deadline. During the valid period, no one can withdraw the money without the signature of the film-finishing guarantor.

In "Spy Shadows", Ronan is not going to play tricks in the budget. With the huge reputation and influence of Allianz Group and its firefighter funds in the insurance industry, it strengthens the confidence of potential investors and allows them to invest in this project of Shahai Entertainment with confidence.

With insurance companies guaranteed, Shahai Entertainment and Relativity Entertainment's successive film projects, Ronan does not need to cheat like he did when he first visited Abu Dhabi.

It is no exaggeration to say that guaranteeing a film is the key to Hollywood's ability to raise funds from outside.

Of course, there are benefits and disadvantages.

Insurance companies will fully intervene in the crew work, such as analyzing each shot in the script in advance to see if there are potential risks. Once the shooting begins, they will also send sharp-eyed anti-loss representatives to the shooting site to ensure that the shooting is carried out in a safe manner. If a certain shot is found to pose a threat to the leading actor, the anti-loss representatives will prevent the leading actor from participating in the performance, etc.

There is no such thing in this world that only benefits without paying.

It is not an exaggeration to say that it is spending money like flowing. Perhaps there are various frauds in the production costs announced by major companies, but the actual costs will not be much different.

The third-party film-ending guarantee fee and other general insurance costs of the crew of "Spy Shadows" have been spent on nearly 2.5 million US dollars. There are still a large number of personnel and equipment in the crew. The total insurance cost is expected to be about 3 million US dollars.

Insurance must be purchased, and there are rigid regulations for director unions and actor unions. Shahai Entertainment has developed to the present, with the investment scale of "Spy Shadows", if you do not register and file with the union, people who are in trouble can line up in a long queue.

Moreover, there is no harm in buying insurance in the film industry, and the chance of accidents on the movie set is too high.

After getting a third-party insurance contract, star actors like Matt Damon joined, Ronan also increased his confidence in financing and all kinds of preparations accelerated.

The company's information, related video information, and various associations' certificates have been prepared and packed three large suitcases.

It's a little less than the first trip to Abu Dhabi.

Because of this targeted goal, Robert had contacted the Falchi Foundation and the Mountain Foundation in Mumbai, India. The former did not express it for the time being, but the latter developed a strong interest in investing in Hollywood big-made movies.

As long as you are interested, it's fine.

During this trip to India, Ronan formed a small team. Mary was going to stay in Los Angeles to handle a series of financial work and temporarily launched a financing team. George Clint, as the producer manager of the crew, must accompany him. Garcia Rodriguez, who is the representative of the publisher, joined in, and there were three ordinary employees who were good at external relations.

One of them is a graduate of the University of California School of Business, Connie, who temporarily acts as Ronan's assistant.

There are also two bodyguards.

After the preliminary work was prepared, Ronan held two more internal meetings, focusing on the internal structure of the two foundations and the information of relevant persons in charge sent by Robert so that he could be targeted after arriving in Mumbai.

Ronan has never been to India. In his previous life, this country was called a cheating country. Another impression is that women have a very low status and violent and strong incidents are emerging one after another...

But the actual data now found that although some Indians are not as rich as Arab oil tycoons, they are also waving checks and buying around the world.

Perhaps, countries with soaring national strength will go through this stage.

In mid-February 2000, Ronan embarked on a journey to India with his investment promotion team.
Chapter completed!