Travis Cody
@BeingTravisCody
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16X Published Author. 15 Years in Hollywood Story Development. Million Dollar Copywriter. On a mission to restore classic storytelling in business & Hollywood.
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Joined February 2024
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This is how Russell Brunson responded to my gift.
Thought I’d share it with you to give you some unique inspiration for getting attention from high value connections or ideal clients.
Sometimes, you need a way to stand out if you want to make an impression. 😉
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Forrest Gump had a budget of $55M and grossed $678M at the box office. On paper… it LOST money.
How is that even possible?
Because “Hollywood Accounting” is the greatest form of legal money laundering ever invented.
And it’s why a “net profit deal” (especially for authors)
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@Culture_Crit
Great thread. Socrates was a smart guy. ;-)
When it comes to America, most people mistakenly believe that it is a Republic. It is not.
It is a Republic OF Republics.
This is why each state has its own constitution, its own Governor, its own Congress and Senate, and its own
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So there you go ==> Hollywood Money 101: A look at how a $65M movie can earn $655M at the box office and still LOSE tens-of-millions of dollars on paper.
If you liked this thread, please let me know thoughts below.
And be a Power Player by bookmarking and sharing this.
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The immigration situation over the last 3 years is 1,000% worse than you think.
This 🧵 will be controversial.
Frankly, if I post this on any other platform, it would probably get me banned.
I've debated about sharing this... but I feel it's too important not to.
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The first well known one was Forrest Gump.
Budget: $55M
Box Office Total: $678M
The author, who had a net profit deal, assumed he was set for life.
Yet, a year later when he asked where his royalty check was, the studio told him the movie hadn’t made any money.
When he sued,
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Here’s where the "legal money laundering" aspect comes into play.
As soon as the Production side announces a new movie, the Distribution side goes on the clock… as they will be the ones marketing it.
Since the movie hasn’t started yet, the Distribution company covers all of
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Do you understand how remarkable this is?
The movie made 12X more than it cost... and with Hollywood Accounting... it still lost more than the entire budget.
That seems impossible until you understand how the studio uses interest to create the loss on purpose.
This is why I
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To truly grasp how remarkable Hollywood Accounting actually is, there are a few things you need to understand:
-- First, there are TWO sides to every major studio:
1) Production (makes the movies)
2) Distribution (markets and releases the movies)
These are two completely
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1. Demand a bigger up front payment.
2. In addition to the money for the rights, Ask for an Executive Producer credit and Executive Producer Fee.
(Bonus: the Producers Guild has guaranteed residual rates...
so you'll actually get paid on the back end even if the movie loses
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Knowing this, you can see why studios have become obsessed with “Billion Dollar” movies this past decade.
Because the movie theaters get 50% of the box office, that means our $200M movie w/ $200M ad spend has to make $800M… JUST TO BREAK EVEN.
If that movie “only” does $500M
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What's interesting is you rarely hear about adjusted gross deals.
Most of the public talk about a Hollywood "backend deal" is usually referring to net profit deals.
This is why Hollywood will sweet talk authors with huge numbers… “Our last movie made $500M!!!”
Then they get
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Finally… just for kicks: Good Will Hunting
Budget: $10M
Box Office Total: $225M
Ben Affleck and Matt Damon… who both had NET profit deals… have yet to be paid. (Ben discussed this publicly not to long ago, actually.
Never take a net profit deal if you sell to Hollywood.
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Dune 2 proves that Timothee Chalamet is set to become THE biggest movie star of this century.
Why? Because he knows the secret behind the biggest movie stars of Hollywood’s Golden Age.
And it’s all thanks to a chance encounter he had with Tom Cruise.
Let’s dive in…
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When you factor in that an “average” big budget movie takes 18 months from when it’s announced to when it comes out...
and has 3-4 months for a theatrical run…
This means that Production owes nearly two years of advance + interest.
In some cases, with a huge ad spend you'd
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Alright… so who makes all the money?
And more importantly… how do you position yourself to be in the middle so you can stuff your pockets?
Here's how: Many top producers, directors and a small handful of actors get “back end points” using what’s called a “Adjusted Gross”
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Sticking with our example of a movie that only makes $500M:
After the movie theaters get their take, there’s $250M left…
and now Tom Cruise gets 20%…
and Steven Spielberg gets his 10%…
(a nice $50M to Tom and $25M to Steven)
plus a little "something something" to the
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Now… you may be asking… “How do you know all this Travis?”
1. I spent 15 years working with one of the most financially successful film producers of all time.
(At one point in the late 90's SEVEN of the Top 25 highest grossing movies of all time were his.)
And 2. A few big
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The tax advantages to this system are impressive.
Even if the movie performs well, Production will never be able to pay the Distribution company back due to all the interest owed. So Production takes that as a loss.
And since "interest owed" is a line item on the budget for
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@CultureExploreX
@Culture_Crit
You're equating Democracy and Republic with the same thing and they are absolutely and completely different.
The genius of how the United States was set up was that incorporated the best parts from each:
The president is the figurehead and fulfills people's inherent need for a
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Hollywood writers used to churn out memorable, era-defining TV shows. Because they had a proven system.
A system that culminated in the “Golden Age” of TV between 1999 - 2015. (During which some of the best series off all time were made).
This is a 🧵 on how & why it worked.👇
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Another example is the movie Sahara.
Budget: $160M
Box Office Total: $202M.
The author also had a net profit deal. And again, sued when he didn’t get paid.
In that case, the Studio was able to prove they lost nearly $90M...
and the author stated publicly afterwards that he
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The leadership at Lucasfilm will go down in history as the most clueless, ignorant, shortsighted and narcissistic business leaders of all time.
Here's why... (a 🧵) 👇
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Here are the 3 most shocking discoveries I made when I turned EVERYTHING OFF for 30 Days.
No Cell Phone.
No Internet.
No Computer/Laptop/Tablet.
No TV.
Yes… for 30 full days.
Discovery
#1
: 85% of your “stress”… is 100% SELF induced.
It’s a hard pill to swallow…
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One of my clients was a millionaire at 21. Multi-millionaire by 24. And had made $150M by 35.
When I asked his secret, he said it came down to his four "Principles of Guaranteed Success."
Here there are:
Principle
#1
: Specialize
People today, for some ungodly reason, STILL
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@TheCriticalDri2
Angel Studios has been on a roll... first with taking on Trafficking last year and now the abysmal Foster Care system of USA.
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George Lucas Predicted the Future.
And he tried to warn us in 1977 about the dangers of putting technology ahead of belief in a higher power.
At its heart, the main theme of Star Wars: A New Hope is “Faith vs. Technology.”
Obi-wan represents Faith.
Han Solo represents
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Daniel Craig's Bond series is the most depressing of them all.
But it had the chance to be the best.
This is a 🧵 on how I would have fixed No Time to Die…
while inspiring millions and setting up a completely new franchise in the Bond Universe at the same time. 👇
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To say that 2024 will be the most important election in generations is the understatement of the century.
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You can give two people the exact same "here's exactly what to do" blueprint.
One will make millions. One will only get deeper in debt.
Here are the 3 Core Reasons why:
#1
. Winners Focus on the INNER Game. Losers Focus on the OUTER Game.
The person who makes millions knows
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Travis Cody, [Apr 8, 2024 at 7:52:20 AM]:
Sylvester Stallone is Hollywood’s most under appreciated writer.
He has more PRODUCED screenplays than any other writer in the modern era.
Yet, most people are unaware of that fact.
When his name comes up, the first word association
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Who's your favorite Movie Star of the 90's?
Mine is Jim Carey.
Genius comedian... shattered the Hollywood ceiling... and became the first star to get $20M as an upfront fee.
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Dropping a "Hollywood Secret" Today.
Apologies in advance, because once I reveal this, you'll never be able to UN-see it ever again. 😂
Roads and sidewalks are always watered down before filming.
Go through your 25 favorite studio movies or TV shows and you will notice that
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