Regarding the North American production rights of the variety show "Who Wants to Be a Millionaire", Kyle and ITV, where Cindy worked, finally reached an agreement after a full week and as many as nine rounds of negotiations.
Agreement Contents:
1. Golden Dawn Entertainment Group paid a one-time fee of 6 million pounds to acquire the North American production rights of "How to Be a Millionaire" from ITV;
Second: The authorization period is 5 years, and UPN, a subsidiary of Golden Dawn Entertainment Group, must transfer 15% of the net profit of each season's broadcast revenue to the British ITV Broadcasting Company;
3. Every season of How to Be a Millionaire in North America pays ITV a 15% share of the net profit. If the profit does not reach 5 million pounds, the shortfall will be supplemented by Golden Dawn Entertainment Group.
...
As for other terms, such as liquidated damages, supplementary explanations and other legal terms, there are as many as 30,000 words.
After signing the contract, Kyle cursed ITV's evil heart more than once.
Although Kyle only paid 6 million pounds to get the North American rights to "How to Make a Millionaire", it seems that it is not as much as the 20 million pounds that Kyle sold to ITV for the copyright of "Britain's Got Talent".
But...
ITV is such a cunning company!!
They also want a minimum of 5 million pounds in North American licensing revenue for each season of How to Make a Millionaire. Over a five-year period, based on the broadcast schedule of one season per year, they will receive an additional 25 million pounds in capital from Kyle.
That adds up to 31 million pounds!
Moreover, this is the lowest price!
Others don't know the profitability of "Who Wants to Be a Millionaire", but as a time traveler, Kyle knows a lot. Even though it is not one of those top-tier variety shows, it is still a first-class variety show, and its profitability is definitely not low. Therefore, ITV gets 15% of the net profit share like a vampire, which is definitely not less than 10 million pounds per season.
"Damn it~ I'm still too kind-hearted!"
Kyle kept cursing in his heart: "When I sold the copyright of "Got Talent", I thought I made a lot of money, but now it seems that I am a fool!"
In fact, it's not entirely Kyle's fault for being unsmart, it's just that this business is too complicated!
Well, let alone Kyle, even if there were ten Kyles tied together, it would not be enough for ITV. In the field of TV variety shows, they are the professionals.
"Boss, now that everything is done, when are we going to leave for Los Angeles?" Adam asked.
Upon hearing this, Kyle did not answer immediately.
But began to think.
It seems that the main purpose of my coming to the UK is to visit my girlfriend Lima.
During the negotiations, Kyle spent two days to spend some quality time with her.
However, the modeling industry is too busy. She has already left the UK and went to France to receive a new round of catwalk training, which is not short, and is said to take up to 3 months. Not only that, after completing the training in France, she will go to Milan, Italy, to start performing on the stage of the fashion week, which is said to take another two months.
As a model, whether before or after becoming famous, you have to run around and have no spare personal time at all.
As for the second purpose of coming to the UK, it was of course for the great Nolan.
Nolan is not that good now, but Kyle, who knows his future achievements, must seize the opportunity. You know, a well-known and capable director can have a huge boost for a medium or small film company.
Think about the Wayne brothers of Miramax. It is because they invested in Quentin in advance that they are able to earn a large amount of US dollars from Hollywood every year!
"Huh?"
Just when Kyle was about to return to Los Angeles,
Suddenly I thought of the film and television rights of "Harry Potter"!
"Adam, call Cindy later and ask him to help find someone. Uh...it's still not possible. Let's just spend our own money to find an investigation company."
After Kyle finished speaking, bodyguard Adam was immediately confused.
Why do you ask Cindy for help in finding someone first?
Later, I decided to find someone from an investigation company myself?
"Haha~!"
Kyle glanced out the window and murmured, "Cindy, what a shrewd and cunning guy he is! If I ask him to help find the author of Harry Potter, J.K. Rowling, he might snatch the copyright away."
Kyle had no choice but to be cautious, because the interests involved in "Harry Potter" were too huge!
Its movie box office, book sales, peripheral product licensing, etc. have created a market worth over 100 billion US dollars!
Therefore, no matter how cautious Kyle is, it is not too much!
....
The process of commissioning an investigation company to find J.K. Rowling, the author of "Harry Potter", was very smooth.
Haha, as long as the money is spent, let alone finding an ordinary person, they can even find those criminals wanted by various countries.
This is the charm of money!
Edinburgh area, Scotland.
In an old and backward residential area, Kyle and his team found Rowling's current residence.
"Hello, Ms. Rowling, my name is Kyle Page, and the person who contacted you by phone yesterday is my personal attorney."
As Kyle spoke, he pointed at lawyer Paul Goodman.
"Nice to meet you!"
Rowling was very excited and happy to welcome Kyle and others into her home. After all, Paul Goodman had said on the phone yesterday that he wanted to buy the film and television rights to Harry Potter.
"Sorry, the house is a little small."
After welcoming Kyle and others in, Rowling found that Kyle and his group could not all sit down, and she couldn't help feeling a little embarrassed.
"It's okay, we can talk while standing." Nolan and Paul Goodman said they didn't mind.
Kyle looked around and found that the house was indeed a little small.
The total area is estimated to be less than 50 square meters, and the living room is even smaller.
Of course, Kyle also had a general understanding of Rowling's current situation.
She has been divorced for many years and has a 4-year-old daughter. She has no formal job and lives a hard life on government benefits of £103.5 per week.
Rowling introduced her daughter, who was sitting on the sofa watching TV, and said, "This is my daughter Jessica."
Her daughter Jessica, although only 4 years old, was not afraid of the few strangers who suddenly visited and watched the TV program intently.
Coincidentally, the show I was watching was "Teletubbies".
"Ms. Rowling, Mr. Page is my boss, and he is also the boss of a Hollywood film company. I wonder if you have seen movies like Run Lola Run, Hard Candy, Wrong Turn, Juno, etc.? They were all produced and released by my boss' company." Paul Goodman was the first to introduce.
"Well..."
Rowling was even more embarrassed when she heard this. "I'm sorry, you've seen my life. In recent years, I haven't had time to pay attention to movies."
How could she have extra money to go to the movies when she relied on government welfare to survive?
Paul Goodman didn't mind and continued, "Ms. Rowling, the original copyright of Teletubbies, which your daughter is watching, came from my boss."
"Huh? You mean Teletubbies actually came from Mr. Page? Oh my God!"
Obviously, Rowling was even more shocked at this moment.
This meant that Kyle and the others were not liars. It also meant that she could sell the copyright.
The next step will be negotiations on copyright issues related to "Harry Potter".
As for the content of the contract, Kyle asked lawyer Paul Goodman to make it extremely strict and detailed. Every clause and every item was extremely detailed, and even included many additional explanations to prevent possible loopholes as much as possible.
Bodyguard Adam even said that Kyle was too cautious.
But Kyle doesn't think so!
Rowling is a very cunning woman!
Even though she is very poor now, once "Harry Potter" becomes popular, Kyle has no doubt that she will tear up the contract immediately and ask for more benefits.
In the original time and space, she was such a woman who gave even the Hollywood giant Time Warner a headache!