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Posts tagged as money

Trevor Potter Looks Back on Setting Up Stephen Colbert's Super PAC

Stephen Colbert's former lawyer Trevor Potter wrote a piece for The Washington Post this week to mark the fifth anniversary of the Supreme Court Citizens United decision, and it's a great look back at the brilliance and lasting influence of Stephen Colbert's super PAC "Americans for a Better Tomorrow, Tomorrow." Potter appeared on The Colbert Report several times during the Colbert Super PAC saga and was tasked with drafting up all legal documents and assisting Colbert in the purely legal financial venture, and in the Washington Post article he outlines some his most notable lessons learned from the whole process. Here's an excerpt:

When the Colbert Super [...]

'The Interview' Has Made $31 Million from Online and VOD Sales

It's been two weeks since the unprecedented box office and internet release of Seth Rogen and James Franco's new film The Interview, and today Sony announced that the film has so far racked up a total of $31 million from online and VOD sales, making it the studio's biggest VOD release to date. Factoring in the $2.9 million the film made during its limited theatrical release, The Interview has grossed almost $34 million overall — still a long way to go to break even with its $45 million budget thanks to major theater chains like Regal and AMC choosing not to release the movie on Christmas Day.

If You Have $300M, You Might Be Able to Buy Funny or Die

Adam McKay and Will Ferrell's Funny or Die is reportedly considering a big sale. Bloomberg reports that the company recently hired a financial advisor to "evaluate options including a possible sale" with an asking price of $100-300 million. "We've received unsolicited interest from a number of companies," CEO Dick Glover said in a memo to FOD employees. "We are NOT trying to sell Funny or Die, but we thought it wise to engage some experts to help us evaluate the situation. In the meantime, if any of you mistakenly receive a briefcase full of cash, please bring it to my office immediately."

An unnamed source also told [...]

Science Confirms the Decline of the Hollywood Comedy

Via Quartz, a recent study on Hollywood films has confirmed the obvious: As more and more non-US moviegoers are accounting for the industry's yearly profits (70% in 2013), comedy — the least translatable movie genre — is on the decline as a result. From the article:

But the emerging world enthusiasm for Hollywood films does not extend to comedies, or at least not relative to its love of action movies and animated films. In China, for example, US comedies account for only 10% of box office spending, compared to 25% in the US … By contrast, Hollywood action films are 44% of the box office in China (the latest [...]

Bill Murray Almost Made Negative $16,000 for 'Rushmore'

Over at Vulture, Matt Zoller Seitz has some excerpts from his new book The Wes Anderson Collection, including these fun little tidbits about Bill Murray's turn in Anderson's 1998 film Rushmore.

16.Bill Murray worked on Rushmore for scale. He got a piece of the profits, but his day rate was Screen Actors Guild minimum. By Anderson's estimate, Murray made about $9,000 from acting in Rushmore.

17.When Disney didn't want to pay for a helicopter shot for Rushmore's "A Quick One While He's Away" montage, Murray wrote a check to cover the costs of chopper rental. The helicopter shot ended up being cut from the film anyway, but Anderson still has Murray's un-cashed [...]

We Wanted to Alert You to a Rather Large Purchase, by Ian Goldstein

Dear Daniel S. Clavers,

We wanted to alert you to some rather large purchases recently charged to your account:

• $400.00 Fine Young Cannibals Biopic Kickstarter

• $500.00 Roland Gift Life-size Mannequin

If you do not recognize these purchases, please contact us immediately at 555-1155.

If this is a joke, then yes, we find it funny.

But seriously, let us know.

Sincerely, Titan Neighborhood Bank

 

Dear Daniel S. Clavers,

Thank you for responding so speedily to our email. We now understand that these purchases were of your own volition and we respect your decisions. We did not mean to insult you or "spoil the surprise" for the members [...]

Son, This ‘Monopoly’ Investment Scheme Is No Substitute For a Steady Job, by Adam Bertocci

Son, we need to have a little talk.

I had someone in my office review your contract. Put bluntly, I have severe reservations about your accepting this job. The obvious concern is your salary. $200 as a base is meaningless without a schedule. If you’re only paid for passing Go, with no guarantees of how often that occurs, then you’re really on commission.

Your mother and I are both, frankly, relieved to see evidence of some gainful employment for you. But companies claiming to offer a salaried position that subsequently treat you as a "permalancer" should be viewed with suspicion. Are you aware that they are not withholding income [...]

A Barcelona Comedy Club Is Charging Audiences Per Laugh Through Facial Recognition Software

Well this is weird. BBC News reports that a comedy club in Barcelona called Teatreneu is experimenting with a new way to get more customers to attend shows: Charging them per laugh instead of per ticket. The club installed tablets to the back of each seat with facial recognition software that tracks each audience member's responses during the show and charges 0.30 euros per laugh with a cap of 24 euros total (~$30USD). The experiment has so far driven the comedy club's overall ticket prices up by six euros and is reportedly getting a tryout run in several other Spanish theaters as well, but it's hard to believe [...]

Here's How Much Money TV Writers Make

Gawker has a nice look at how much money TV writers make up today, with detailed info on pay levels for writers across cable and network TV. The numbers depicted are just minimums and most TV writers at each level probably make more than that, depending on their experience and the success of the show, but the list covers everything from writers who are just given a story credit on a comedy ($8062 minimum for network and $5432 minimum for cable) all the way up to senior staff writers on shows with over a 20-week guarantee ($6036 minimum on both cable and network).

Check out their table of [...]

A FASTidious Credit Report, by Jake Tuck

Dear Landlord,

We at FASTidious Credit Reporting have reviewed the credit history of your prospective tenant, Glen Hodge, and offer this prompt report. First, we should say that Mr. Hodge has an ostensibly stellar credit history. By the standard scoring method, he received an “excellent” score of 830. He pays all his credit cards and bills on time, save one instance when he was hospitalized after attempting to save an elderly man from a burning house. So his credit is, on the surface, largely immaculate. However, we at FASTidious do not like surface impressions, such as that of the sun in a calm lake; underneath, the lake may contain [...]

SNL's Insane Season 40 Product Tie-Ins, In Order of Ridiculousness

Next month, NBC is celebrating Saturday Night Live's 40th anniversary with a live anniversary special, and the network has been prepping for this television event for the past year in the form of an overload of product tie-ins, commercials featuring cast members, and enough branded SNL merchandise to make Jack Donaghy cry with joy. With the latest news that SNL will get the interactive art exhibit treatment this spring, we decided to break down five of SNL's most ridiculous promotions and tie-ins of the past year, from least to most ridiculous.

'The Onion,' 'The A.V. Club,' and 'Clickhole' Are Prepping for a Sale

Funny or Die isn't the only comedy site considering a big sale this week. Bloomberg reports today that Onion Inc. — owner of pop culture and satirical sites The Onion, The A.V. Club, and Clickhole — has also hired a financial advisor for a possible sale of the company. Onion's CEO Steve Hannah declined to comment on the news, but the company is reportedly working with an investment bank to look into their options. Like Funny or Die, it's unclear how a sale would affect Onion Inc's sites. Hopefully The Onion's news item about God's plans to kick off humanity's mass extinction next [...]

The Summer Caretaker at the Overlook Hotel Asks for a Raise, by David Guzman

I first want to say what a pleasure it is to be back as the summer caretaker for the Overlook Hotel. The grand architecture, its beautiful location in the Colorado mountains, the pleasant staff and clientele; it’s truly an honor to work here.

I must be upfront, though, and tell you I’m here to ask for a raise. There are a few factors that come into play. As I understand it, the winter caretaker position pays just as much as the summer position. And that’s just not fair, since the job of summer caretaker requires much more work than that of winter caretaker. In addition, our winter caretakers tend [...]

People Who Watch 'Modern Family' Make More Than Those Who Watch 'Bob's Burgers'

Viewers of ABC's Modern Family are the most affluent of network television watchers, while Bob's Burgers viewers are at the opposite end of the spectrum. The Wrap analyzed average median income of primetime viewers from Nielsen's data, and determined that the median income for viewers in the 18-49 demographic is $81,100 for Modern Family viewers, while Bob's Burgers viewers earn $48,800.

On the richer end of things, Parks and Recreation draws the second most affluent viewers with a median income of $81,000. Sitcoms The Goldbergs, The Mindy Project, How I Met Your Mother, New Girl, The Michael J. Fox Show, Super Fun Night, Trophy Wife, and The Middle all have viewers with a [...]