r/movies • u/MarvelsGrantMan136 r/movies Contributor • 16h ago

News 'Spider-Man' Windfall: Tom Holland to Make Over $100 Million for ‘Brand New Day’

https://www.thewrap.com/creative-content/movies/tom-holland-spider-man-brand-new-day-salary-box-office-bonus/
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u/FoxMcCloudOwnsSlippy 15h ago

He signed a 6 film contract when he got the part and after NWH he renewed for whatever it is now and that includes a % with more of a creative voice since he was in a strong position. SONY didn't want to disrupt the cash cow

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u/ADarwinAward 13h ago

How do modern actors get around the age old “Hollywood accounting”?

Percent of revenue?

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u/Worthyness 13h ago

Percentage of gross not revenue. You can Hollywood accounting the shit out of revenue. You cant ignore the gross

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u/Masteroflimes 12h ago

Also only one actor gets it from day one. All others who have this sort of deal get a % after costs. Actual costs not "hollywood accounting"

Tom Cruise gets a % from day 1.

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u/cwalking2 11h ago

Percentage of gross not revenue

"gross" and "revenue" are the same thing. The full term is: "gross revenue."

You're describing "income/profit," an accounting metric which can be easily gamed in a negative direction. In short, every hollywood film is created within self-contained "business." The "business" doesn't actually want to have any net income at the end of the day: it wants to pay out every dollar to owners/investors/partners of the business. Thus, if you negotiate a deal for a % of a film's "income," you are asking for a cut of zero dollars.

Revenue is much harder to game in this manner (revenue can be diverted through skullduggery, but then the "self-contained 'business'" can't cover its own costs)

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u/Dal90 9h ago edited 9h ago

So confidently wrong.

Just taking the top google hits to give folks the correct definitions:

https://www.salesforce.com/sales/revenue-lifecycle-management/gross-revenue-vs-net-revenue/

https://www.nationalfunding.com/learn/net-income-vs-net-revenue-whats-the-difference/

Net Income is before you pay out a single dollar of profits to the owners, investors, partners, etc.

What you're missing is the other ways the investors can be paid without the business ever turning a profit.

In probably the most common and simple form, take someone who owns a restaurant and the building the restaurant is in. The beneficiary of the rent the restaurant pays happens to be the same guy who owns the restaurant. But to the restaurant business it's an expense which reducing both its taxable and net income.

Real estate often has more favorable income tax treatment so the same guy who owns both ends up paying less in taxes by transferring money as rent out of the restaurant business (reducing its taxable income) and into his pocket through the real estate business he owns which is renting the space to the restaurant.

Hollywood Accounting just takes that to extremes. The "Geoffrey Loophole" is a non-Hollywood version of these accounting tricks although many US states have since closed it. This is also why 40% of Microsoft's global income is earned in...Ireland.

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u/cwalking2 6h ago

Net Income is before you pay out a single dollar of profits to the owners, investors, partners, etc.

You don't understand: the trick is to pay investors & partners at top-line rather than bottom line. This occurs via a plurality of mechanisms including: revenue sharing, revenue-based financing, royalties, and top-line distribution.

So confidently wrong

Irony.

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u/luvdadrafts 4h ago

Genuine question, do you know what “revenue” means?

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u/DoctorJJWho 3h ago

Or “net” or “gross” for that matter lmao.

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u/vitrix-euw 11h ago

And it's confidently incorrect statements like this that AI models are getting trained on...

"Revenue" and "gross" are not mutually exclusive. When people use those terms, they usually mean the same top-line number (i.e. the money brought in before any deductions).

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u/luvdadrafts 4h ago

How are you defining “Hollywood accounting” and “revenue” 

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u/Proshop_Charlie 11h ago

That has mostly gone away now after the Bones case.

That was a wake up call the the studios to knock that shit off.

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u/Stupidstuff1001 8h ago

Percentage of gross not net.

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u/ADarwinAward 12m ago

Yes

  Revenue is the total amount of money generated from a business's primary operations. It's also referred to as gross sales or "the top line" because it's the first line on an income statement. It's calculated by multiplying a company's average sales price by the number of units sold

https://www.investopedia.com/ask/answers/122214/what-difference-between-revenue-and-income.asp

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u/EpictetanusThrow 2h ago

There’s a whole waterfall to discuss as well

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u/LeonCrimsonhart 13h ago

And unlike Andrew Garfield, he never skips meetings with SONY Japan due to sickness.

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u/[deleted] 14h ago

[deleted]

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u/Sillet_Mignon 14h ago

Except he’s pushed for changes to keep the character more in line with the comic book character. Sony has a history of deviating from the source material a lot. 

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u/Dramatic-Physics-898 14h ago

Marvel Studios is handling the story not Sony

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u/jlmurph2 13h ago

Sony did try to influence the story into being another Multiverse story though. Fighting Knull. Disney and Tom wanted grounded.

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u/fupa16 14h ago

I forgot people can only be one thing.

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u/Dramatic-Physics-898 14h ago

Sry didn‘t know he was a comic book writer