Sean Callagy

So none of this for cause, not for cause.

He literally to this day says, I couldn't say no to that.

I had a free option to look at you, and I don't pay you unless you make me more wealthy, and I can fire you.

Unbelievable.

So that's how I got in, and he almost fired me at least eight times over the next six years, and I almost quit six times.

How soon was the first one?

It was probably within a month.

Was it paper clips and paper?

No, it would be, it would be my passion and tenacity and him wanting me to do, have other priorities in the company than the studio.

Um, and which for the first year, um, I, I took seriously and, you know,

realized I had to sort of earn my stripes.

My board of directors was a bunch of 70- and 80-year-old turnaround guys, bankruptcy guys.

And then...

But I remember every board meeting, I would braze the studio.

And the second time I almost got fired when I was told, don't ever talk about a movie studio again at a board meeting or you're never gonna be invited again, unless we have zero risk and all the upside.

which doesn't normally happen in business, right?

So that was, and then I scurried for a year or two.

Luckily, there was a bond bubble in 2004, and so I got a deal for 525 million of debt financing, so we kept all the equity.

That's unbelievable.

Without great terms that I and the board can say no to.