starting from zero.
March 26.
The sporadic beginnings that the comic company has had are, among many things, gratifying for all the parties involved. From a regular perspective, in just over three years, they have achieved many tasks that were considered unlikely for a comic company. However, comic sales are massive, and the company's profits consistently remain in the black month after month, allowing them to earn enough money to sustain the company and invest in a few other things.
That's why seeking potential investment opportunities is the job that Billy wants to undertake while this financial streak lasts. Unlike his partner, he has a talent for working at his own leisurely pace, excels at doing things he enjoys, and is indecisive when it comes to business. He prefers to immerse himself in other pursuits that he's better at.
-What do you think, Lev? Do you see a future in this kid's story? - Saban asked. Over the course of five months, he has reviewed the script countless times, and a few friends have also assessed the script, yielding satisfactory results. The story is already good, but the document that outlines how to bring it to life is crucial.
-It's interesting; I can think of some great songs for this type of program, - Shuki Levy said. He has been involved in a music project, and his experience has provided him with some insights into creating works.
-I have some doubts about this company, - Saban admitted.
-If they're not trustworthy, it's better to leave it here, - Shuki Levy responded decisively.
-That's not it. I'm just curious about why they chose us to create a series like this. We're still novices; we've done few projects, and there may be unknown reasons for working with us, - Saban explained.
-Perhaps you're overthinking it. They're a small comic company with a good job for us. We were once in a similar position, - Shuki Levy said.
To get to where he was, he had to take on many jobs during his career as a composer. In Paris, not everything was as pleasant as he thought, but luckily, he met Saban, and they embarked on creating content in the entertainment mecca.
-We'll accept the offer; Fox will pay us money if our series is accepted by the audience. This kid might have some savings, and with you as the producer, making the series is just one step, - Shuki Levy concluded.
-You're right, although the production rights for the series alone seem too low, -- Saban said, pausing by some sheets pinned to the wall. -- I'll call Jim Waitt; he's the kid's agent. -
-If you don't need me, I have some things to check, - Lev said, adjusting his jacket.
-Of course, thanks for your time, - Saban replied.
Saban specifically read the terms of the offer. The deal with Saban involved a license for three seasons of the Power Rangers series. Profits from advertising revenue, international licensing sales, and distribution income belong to the one who holds the license for six years. Lux Comics has the right to a repurchase clause for the film programs if Saban decides to cancel the Power Rangers project. The repurchase clause for this program is half the production cost.
-What a strange clause, - Saban thought as he walked around his office in a contemplative state. It was almost noon when he heard the phone ringing.
-Good morning, - he answered.
-Haim, I can't pick up the girls from the daycare; I have some errands that have taken longer. Would you mind picking them up? - Saban's wife asked.
-Of course, dear! - Haim replied.
-Oh, God, it's good to hear you say that. I thought I'd have to ask the teacher to watch them for an extra hour, - Cheryl said.
-Don't worry; I'll be there ten minutes before the bell rings, - Saban reassured her.
-I have to hang up. Good luck with your day, - Cheryl said.
-Same to you, - Saban replied.
Saban reviewed the document and his notes once more. He decided to sign it. He was growing fonder of this project as he continued to consider many important aspects of the series.
Jim Waitt, you're the man who's been on my mind this past week," Haim said, his voice cheerful and businesslike, quite different from the tone he used with close friends, which was more measured and calm.
-Pleasure to meet you, sir. How can I assist you? - Jim replied.
-Speak with Saban, Haim. A few months ago, we had a meeting to discuss the production of an independent project, - Haim explained.
-I remember it well. Tell me, has Mr. Saban decided to contract with Billy? - Jim asked.
-He has indeed. I've already signed the licensing contract. However, there's a question that has been bothering me, - Saban said.
-Please, go on, sir, - Jim replied.
-The terms of the contract seem very favorable to us. I don't quite understand why the licensing fee is set at zero, along with the share of other profits that could benefit the company, - Saban explained.
-I don't have a clear idea either, though Billy mentioned that success is guaranteed. He's putting everything into production, and I have a hunch that Billy will make money with the series, - Jim said.
-Send the documents to my office at CAA. I'll get in touch with Billy and provide him with the details, - Jim suggested.
-I'll schedule auditions for June if everything goes well. Billy is invited to participate, - Haim said.
-I agree; he has a busy schedule with classes at his high school and some other commitments at his comics company, - Jim noted.
-We'll plan a meeting later. We want to start work around July, with a pilot episode, to gauge the series' impact, - Haim said.
-Prepare Billy for it. It's more likely that we'll schedule the meeting for the end of the year for the pilot review, - Haim added. He hung up the phone and headed for the exit, planning to treat the kids to some ice cream. After all, he had to be a cool dad.
-I'm leaving for the day, but I have some tasks to attend to at home, - Haim told his secretary, who jotted it down in her agenda.
-The 4:00 PM appointment is canceled sir, - the young woman said.
-Please let Shuki Levy know, he's in the studio. Tell him I have something very urgent to attend to, -Haim replied, as he left the company.
....