Chapter 27: A $100 Million Bonus
Added 2025-03-27 20:15:27 +0000 UTCBy the time Dunn got back to the U.S., it was already late July.
Titanic had been out for over two months, and under the eyes of the entire nation, Dunn Walkerâs prediction was coming true, step by step.
The worldâs first movie to break a billion dollars at the box office was born! đ
North America raked in $490 million, overseas brought in $660 million, and the global total hit a jaw-dropping $1.15 billion. Titanic wasnât just a movieâit was a phenomenon! It blew past the shock Star Wars and Jurassic Park had delivered to the world years ago.
Even some of Americaâs rival countries jumped on board and screened it. Across the strait, they miraculously put down their big censorship scissors and let every frame, every shot of Titanic play untouched on the big screen.
A single movie breaking through a countryâs system? Thatâs the power of Titanic! đȘ
So Dunn gave his agent, William Mihok, a call. It was time to cash in on those profits.
Dunn was entitled to 10% of the global box officeâa cool $1.8 to $1.9 billion, by his estimate.
But hereâs the catch: high income comes with heavy taxes. Itâs the norm in every developed country.
Dunn had looked into it. With the Democrats in power, personal income tax was steep. For his earnings, heâd be hit with the top federal rate of 39%, plus a brutal 93% California state tax, not to mention Social Security, Medicare, and pension taxes. All told, heâd owe about 49% of his total income.
No doubt about itâthatâs an astronomical figure! đ±
There were tax evasion tricks, sure, but for Dunn right now, they were a no-go. Heâd have to sink money into cutting-edge tech, donate to charities, or set up offshore companies overseasâŠ
That all sounded like nonsense. Parking that much cash just to dodge taxes? Heâd rather toss it into the stock market!
Dunn didnât know much about stocks, but he knew Yahooâs insane rise, the 2000 crash, and the meteoric success of Google, Facebook, and Apple.
1997? Hands down the perfect time to invest in Yahoo stock. đ
Of course, first, he had to get his cut from Fox Studios. But his agent Williamâs response? Total letdown.
âDunn, what youâre asking for doesnât follow industry norms. Itâs tricky!â William sounded super stressed.
Dunn wasnât having it. âPaying a debt is basic decency, William. This is your job!â đ€
William sighed. âDunn, you might not get how Hollywood works. Usually, producers, directors, and actors donât get their box office shares until the movieâs out of theaters. Titanic has only been running for two monthsâŠâ
Dunn nearly exploded!
Wait until itâs out of theaters? Thatâd take forever! In his past life, Titanic played in cinemas for a whole year!
âNo way! I need the money nowâIâve got urgent plans!â Dunnâs tone left no room for debate. The investment window was right there, and every minute wasted could cost him millions.
William tried to reason with him. âDunn, I just checked with Foxâs finance team. Titanic has only pulled in $200 million so far. Theyâve got big projects in the worksâthey canât fork over a huge chunk for your share right now.â
Dunn was disappointed in his agent again.
If William wasnât from a top agency, heâd fire him on the spot. But for now, Dunn was still small fryâbetter not poke the giant studios.
Forget Williamâs help. Dunn went straight to Fox Studiosâ finance department himself. Their answer? Company president Tom Rothman had personally ordered the funds held backâsome to pay off debts, some for new projects.
Dunn didnât even listen to the excuses. All he caught was âTom Rothman.â
That guy! He was the one whoâd spilled the beans about Dunn and Kate Winslet back in the day.
Without a word, Dunn stormed upstairs to Bill Mechanicâs office.
Bill welcomed him with open arms and even poured him a coffee. âDunn, naming you director of Titanic was the smartest move of my life!â đ
A global box office over $1billionâwhat a thrill, what a rush!
Dunn waved it off. âBill, Iâm not here for praise. Iâm here to collect whatâs mine.â
Bill froze, then chuckled. âYour share, huh? Short on cash? Look, young man, Iâm not judging⊠but youâve gotta pace yourself. Some things you just canât touch!â
Dunnâs face turned green. He forced a laugh. âBill, youâve got it wrong. I just want my cut⊠to start a film company.â
Bill clearly didnât buy that flimsy excuse. Start a company? How much could that cost? He grinned. âSure, need help? We could put your studio under Foxâs umbrellaâmake things easier for you.â
For any other filmmaker, thatâd be a golden opportunity. But Dunn? He wasnât here to work for Fox.
âNo thanks, Iâve got my own vision.â Dunn brushed it off politely. âTruth is, Bill, I need moneyâa lot of moneyâright now.â
Bill hesitated. âYou know Foxâs situation. The past two years, we poured everything into Titanic. Now that weâre finally seeing returns, itâs already earmarked elsewhere.â
Dunn sat up straight, dead serious. âBill, do me this favor. I need it urgently.â
Bill studied him for a long moment. âHow much? Too big, and I canât swing it.â
âOne hundred million.â
Based on the current global haul, Dunnâs share was $120 million, but he only asked for $100 million.
His total cut would top $180â190 million. After taxes, plus some refunds, $100 million was his net take-home.
Good thing U.S. taxes are filed in mid-April. He could wait until Titanic wrapped its run, grab the next payout, and file thenâno disruption to his plans.
âThatâs⊠not a small amount,â Bill sighed, clearly torn.
Dunn pressed on. âBill, I told you this movie would hit at least $1.8 billion. Fox wonât be strapped for cash down the line.â
The subtle jab? I made Titanic a monster hit and took the heat off you!
âAlright. Five days tops. $100 million will be in your account.â
Bill owed Dunn that much. Early payment was a reward for his past work.
âThanks.â
Dunnâs tense face finally broke into a smile. đ
---
Three days later, the money hit his account.
Dunn didnât rush to New York to open a stock account. Instead, he wondered if heâd overlooked something bigâŠ
Suddenly, William called. âDunn, thereâs a project. Interested?â
âBig one?â
Dunn raised an eyebrow. Heâd made it clearâsmall-fry $10â20 million indie films didnât cut it!
âYep, a big one. New Line Cinemaâs Lord of the Rings trilogy!â Williamâs tone was bold but calm.
Dunn froze. Lord of the Rings? No way!
âIsnât that Peter Jacksonâs gig?â
âYep, Peter Jacksonâs directing.â
âHm?â Dunn squinted, annoyed. âProducer? How much?â
âNo, no, Dunn, youâve got it wrong. Peter Jacksonâs not offering producerâhe doesnât have that pull. Itâs assistant director.â
âAssistant director?!â
Dunn thought heâd misheard. His eyes widened in disbelief.
Peter Jackson had some nerve!
Me, the director of the worldâs top-grossing film Titanic, running errands as your assistant? Are you messing with me or just plain insulting me? đĄ
Fury flashed across Dunnâs face.
This was outrageous!
Wait⊠hold up!
Somethingâs off here⊠đ€
Comments
I ll check first
belamy20
2025-03-29 15:10:37 +0000 UTCCan you fix the box office number?
Hexakit
2025-03-29 14:23:49 +0000 UTCSory. Iam boring so i add emoji
belamy20
2025-03-27 21:50:58 +0000 UTCWhat's with all these emoji
David Karlsson
2025-03-27 21:19:46 +0000 UTC