Endeavor CEO Ari Emanuel With her rep at rival CAA, the challenge to Disney never brought up the name Scarlett Johansson, which upset the industry. But in the virtual look of the Goldman Sachs Communca Copia conference, executives said the talent was “very, very well paid,” despite the massive shift in windows.
“Netflix has started this,” said Emanuel.In the movie business, “about 10% of the movies shown [theatrically] It means hitting the back end of talent, that is, the participation of profits. When Netflix acquired the talent backend, “Pie wasn’t 10% anymore. It was 100%.”
WarnerMedia paid $ 200 million on the backend when Warner Bros. put the entire 2021 release slate on HBO Max at the same time as its debut in the theater, Emmanuel said. (WarnerMedia and parent AT & T have never released numbers, but the number of Emanuel has exceeded the reported $ 180 million.)
Through Endeavor’s WME agency division, “We negotiated these transactions throughout the process and our clients made a lot of money without betting on hitting the backend,” continued Emmanuel. Disney “did the right thing with talent because it needed talent,” he added. Streaming ambition.
The CEO added that the WME “created a formula” depending on whether it was for theaters or a mix of other windows, but did not provide details. “Talents are paid throughout this process and they are very well paid,” he said. On the television side, he said, the proliferation of streaming entities in search of quality series has provided “massive leverage” to talent in dealing negotiations.
Johansson will ask you differently.rear Black widow Released in both theatrical releases and premier access streaming titles, she said she broke the deal when Gross underperformed and significantly reduced Gross participation. In response, Disney disclosed her base compensation of $ 20 million and accused her of being insensitive to global distress during the Covid-19 pandemic.
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Emmanuel characterized Endeavor, which was unveiled last spring, as a diverse media and entertainment company, reflected in a 40-minute session.Sufficient attention was paid to the company UFC And event business.
Regarding the UFC, which Endeavor is now in full control, Emmanuel said, “I love the relationship with Disney,” and called ESPN (UFC has a multi-year contract until 2023) “Mecca.” An overall rise in sports rights is a good sign for the UFC. “I’m not nervous about where we end up,” said an executive. “Now I’m watching the streamers come in, so I feel very good about where we’re sitting.”
Endeavor CEO Ari Emanuel says talent is “very well paid” for streaming payments – deadline
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