Wednesday, November 4, 2015

Talk About A Bet That Really Payed Off

Steven Spielberg still gets 2.5% of profits from Star Wars because while visiting the sets of Close Encounters of the Third Kind, George Lucas thought that movie would be a bigger hit than Star Wars. Spielberg disagreed and they both decided to trade 2.5% profit on each other’s films (article)

“Adjusted for inflation, the film has made $1.48 billion at the box office…By our calculations, this means Spielberg’s 2.5% could have made him nearly $40 million”

(CavemanCircus.com)

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