Sean Callagy

However, most people look at the wrong information in things and asking, what's the real bottom line?

You can get distracted by sound bites or box office numbers, which people still just report box office, not profitability.

But if you look at the numbers, they did a billion plus, we did 600 million roughly.

They spent 200 and I think 25 or 30 million on Dark Knight.

We spent 109 million.

But wait, there's more.

Yeah.

Second, they gave 30% gross, meaning off the top of the revenues, 30%, independent of profitability, went to the director and actor, 15% to Christian Bale and 15% to Chris Nolan.

I gave 0% to my actors or my director for Iron Man.

And then to make it worse, I kept 100% of the equity.

So we had 100% of the upside.

DC, which I still don't understand why, sold off half of Batman to a essentially financing entity called Legendary Studios for a cost.

And so you just do the math on those three things, we made a significant amount more money on the movie

And then we also, I did it and we did it in a way where we controlled, Marvel controlled the property.

So we could make Iron Man again quicker, we could do whatever we want.

We didn't have a director who was final cut, they say, who's got the final say on a movie.

And normally if the movie does well, a final say on how the characters are used.

So in our case, we had complete freedom to use the characters, which became the MCU.

In DC case, they got delayed many years trying to keep Chris Nolan part of the family, understandably, and that delayed when they were able to do Justice League and things like that.

it gave us more time to build our base.