The Sequel to Chance Encounters

P. E. Pfeifer
{"title":"The Sequel to Chance Encounters","authors":"P. E. Pfeifer","doi":"10.2139/ssrn.2975181","DOIUrl":null,"url":null,"abstract":"Movie-industry analyst David Fitzhugh must estimate the value of the sequel rights associated with Chance Encounters, a soon-to-be-produced movie. The producers intend to use the cash from the sale of the sequel rights to help fund production of the original movie. With the purchase of the sequel rights, the client fully intends to produce a sequel--should the original movie prove successful. \n \nExcerpt \n \nUVA-QA-0831 \n \nFeb. 13, 2015 \n \nThe Sequel to Chance Encounters \n \nIn April 2003, David Fitzhugh, a respected movie-industry analyst, was hired to evaluate an unusual business idea—the purchasing of the sequel rights associated with a soon-to-be-produced movie. About six months earlier, Warmer Brothers Studios had approached Fitzhugh's client (a very successful independent-movie producer) with a proposal to sell him the exclusive rights to produce a sequel to Chance Encounters, Warmer Brothers' newest movie. A string of poorly performing movies had left Warmer Brothers badly in need of cash to help defray the estimated $ 25 million cost of making Chance Encounters, and they had come up with the idea of selling the sequel rights. In preparation for the upcoming negotiation, Fitzhugh's client asked him to perform a thorough “data-driven” valuation of the exclusive rights to produce a sequel. \n \nThe Basics of the Movie Business \n \nMovies went through three stages to reach the public: production, distribution, and exhibition. Production was the actual making of the movie. The total cost for this stage was called negative cost: the cost to produce the master negative of the movie. Typically, the largest components of negative cost were salaries of the actors and director, set design and construction, and transportation. On average, production of a movie took about a year, at a negative cost of around $ 30 million. \n \n. . .","PeriodicalId":390041,"journal":{"name":"Darden Case Collection","volume":"43 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Darden Case Collection","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2975181","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

Movie-industry analyst David Fitzhugh must estimate the value of the sequel rights associated with Chance Encounters, a soon-to-be-produced movie. The producers intend to use the cash from the sale of the sequel rights to help fund production of the original movie. With the purchase of the sequel rights, the client fully intends to produce a sequel--should the original movie prove successful. Excerpt UVA-QA-0831 Feb. 13, 2015 The Sequel to Chance Encounters In April 2003, David Fitzhugh, a respected movie-industry analyst, was hired to evaluate an unusual business idea—the purchasing of the sequel rights associated with a soon-to-be-produced movie. About six months earlier, Warmer Brothers Studios had approached Fitzhugh's client (a very successful independent-movie producer) with a proposal to sell him the exclusive rights to produce a sequel to Chance Encounters, Warmer Brothers' newest movie. A string of poorly performing movies had left Warmer Brothers badly in need of cash to help defray the estimated $ 25 million cost of making Chance Encounters, and they had come up with the idea of selling the sequel rights. In preparation for the upcoming negotiation, Fitzhugh's client asked him to perform a thorough “data-driven” valuation of the exclusive rights to produce a sequel. The Basics of the Movie Business Movies went through three stages to reach the public: production, distribution, and exhibition. Production was the actual making of the movie. The total cost for this stage was called negative cost: the cost to produce the master negative of the movie. Typically, the largest components of negative cost were salaries of the actors and director, set design and construction, and transportation. On average, production of a movie took about a year, at a negative cost of around $ 30 million. . . .
《偶遇》的续集
电影业分析师大卫·菲茨休必须对即将上映的电影《偶遇》续集版权的价值进行估算。制片人打算用出售续集版权所得的钱来资助原电影的制作。通过购买续集的版权,客户完全打算制作续集——如果原电影成功的话。《偶遇》续集2003年4月,备受尊敬的电影行业分析师大卫·菲茨休受聘评估一个不同寻常的商业构想——购买一部即将上映的电影的续集版权。大约六个月前,暖兄弟工作室找到菲茨休的客户(一位非常成功的独立电影制片人),提议将暖兄弟最新电影《偶遇》续集的独家制作权卖给他。由于一系列表现不佳的电影,暖兄弟公司急需现金来支付拍摄《偶遇》的估计2500万美元成本,因此他们想出了出售续集版权的主意。为了准备即将到来的谈判,菲茨休的客户要求他对续集的独家制作权进行彻底的“数据驱动”评估。电影走向大众要经历三个阶段:制作、发行和放映。制作是指电影的实际制作。这个阶段的总成本被称为底片成本:制作电影的主底片的成本。通常,负成本的最大组成部分是演员和导演的工资、布景设计和建设、运输。平均而言,一部电影的制作时间约为一年,负成本约为3000万美元. . . .
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信