Kapoor Sid gave his consent, and the two men began discussing the agency's future. In Eric's opinion, the only valuable person in the Sid Agency was Kapoor Sid himself.
Although Kapoor wasn't one of the CAA's founding team of five, his ability certainly didn't fall short. In the firm, about seven to eight agents remained, as well as twenty mediocre actors with basically no value. Well, at least that was the case until Eric acquired the place.
Sid Agency had never handled any first-cla.s.s celebrity, but because of Michael Ovitz's influence, even the several well-known actors who had been here for awhile, had no choice but to leave.
Those who had stayed did so for two reasons; first, they had no alternative, and second, Kapoor was a very capable person.
"Eric, a million dollars, I find it hard to accept." Kapoor expressed his dissatisfaction at Eric's offer. When he was still in the CAA, he's annual income alone was more than that.
Eric calmly said: "Kapoor, your agency has only around twenty contracted actors, not to mention that mediocre talents like them are a dime a dozen, I could find as many as I'd like by just walking down the streets if I wanted to."
Kapoor retorted: "Eric, they are all very good actors, I've been an agent for many years, and my eyes have never deceived me, they simply lack an opportunity."
"All Hollywood aspiring actors are struggling because they lack opportunities, Kapoor. Just count that million dollar as my gift to you, my real offer is a 10% share of the agency, I believe that in a few years you'll find yourself having struck the greatest deal of your life.
As for those actors, I can bestow upon them the opportunities they dream of."
Kapoor knew that what Eric said made sense, he sighed and nodded slightly.
Since the matter had been settled, the ownership contract was transferred to Eric and put under his name. As they had also decided to modify its appellation, Eric unscrupulously changed it to "United Talent Agency".
In his past, alongside the CAA and WMA, the UTA had been one of Hollywood's top 5 agencies, and was founded in 1991.
They busied themselves until noon, had lunch, and Eric then followed Kapoor Sid to the agency located in Burbank. The place looked very shabby.
The office was unexpectedly full of people, apparently they also knew that today was a special day.
Eric saw all these agents and actors, and suddenly thought of something. He nodded at the crowd, then took Jeffrey and Kapoor into a separate office and asked: "Kapoor, how much of a commission are we getting for each artists ?"
"Six %."
"So little ?" Eric was taken aback: "Shouldn't it at least be 10% ?"
Jeffrey interrupted: "Eric, that was in the past."
Kapoor followed with an explanation: "In order to be able to stay afloat in front of the CAA, most of the agencies out there didn't have a choice put to lower their demands, especially the small ones like us, asking for 10% would be ridiculous.
Jeffrey advised again: "Eric, you know you can't afford to screw this movie up, many people are waiting for you to make a joke out of yourself, they still."
"Jeffrey, I know what you're getting at." Eric smiled and said: "You've seen the newspapers, right ? Right now my first two movies are still a hot topic, so even if the new one I shot was p.o.o.p, we would still be able to earn money.
As long as the quality is good, it would be difficult to fail even if we wanted to, so why not make use of this to endorse one of our own actresses ?"
"What if that Julia Roberts' acting is really bad ?"
Eric's lips curved into a smile that was not quite a smile, "Rest a.s.sured, I will personally teach her."
Just like Eric antic.i.p.ated, none of the actors chose to leave, instead all readily accepting the new contract terms.
Once he was done with everything, Eric was planning to drive home when Jeffrey got into the pa.s.senger's seat: "I sent my car to maintenance, you mind giving me a ride ?"
"No at all."
On the road, Jeffrey asked with concern: "Eric, you and Drew.. in the end, what happened ? I think I saw in the newspaper today that she came to see you yesterday, and that her mother also swung by."
Eric didn't have anything to hide, and earnestly told Jeffrey about everything that had happened yesterday.
"Alright, I admit Drew is a talented actress, but do you have to let her stay at your house ?
You don't have any blood relationship with her, coupled with the media and public's speculations, even if Drew's mother doesn't come to find trouble, those a.s.sociations protecting children's rights will definitely not let you off. Drew's only thirteen after all."
"Don't worry, I know all that, I was planning on sending the la.s.s to a boarding school."
"That's good then." Jeffrey nodded, "Eric, you. you really don't have any feelings towards that lolita*, right ?"
Eric unconsciously stepped on the brake pedal, and almost hit the Chevrolet behind him, warranting him the cursing and swearing of the fat guy who was driving it.
Startled, Eric looked at his friend: "Jeffrey, you think Drew resembles a lolita ?"
That girl was obviously a goblin ! Ah, and one with at least five hundred years of practice at that.
"Anyways, you should pay attention to propriety." Jeffrey seemed to have thoroughly labeled Eric as a lolicon.
_ _ _ _
* lolita: a s.e.xually precocious young girl.