SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Miracle Entertainment - MVEE

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark McNew who wrote (59)8/24/1999 9:58:00 AM
From: Mark McNewRead Replies (2) of 526
 
Updated estimates for USTR revenues...

According to 'Company Town Film Profit Report', USTR is expected to make a total of 14M and cost approx 22M (inluding marketing).
latimes.com

It was classified, at this time a 'a money loser' however they did qualify that with the following statement...

The summer doldrums have hit with films such as "Mickey Blue Eyes," "Teaching Mrs. Tingle" and "Universal Soldier." All are expected to be marginal money losers, though "Soldier" should make up for the shortfall with business overseas.

This site also gives some information on what to expect for the long term with...

The U.S. returns represent only 20% of a film's final revenue, which includes income from video, TV and overseas theatrical release

This would make the long term 1-2 year income from USTR to be approx. 70M or about 48M profit. On RB there was a claim that Long Road got 25% of this and we know that MVEE gets 50% of Long Roads cut, so lets assume MVEE gets 12.5%. That will make USTR worth 6M in revenues over the 1-2 years. Or .025 per share... From just one film. That doesn't sound bad to me...

Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext