by Norman Horowitz
About forty years ago, I returned to Screen Gems International Television (Columbia Pictures) following a three year hiatus at CBS and a nascent Viacom.
Since I had worked at Screen Gems before, I was well prepared to go to London and make a deal for a group of features because the company needed a few paltry millions in order to “make its quarter.”
I ended up making a five or six million dollar deal with the commercial broadcasters in the UK. In order to do this, I negotiated a price for each and every movie in the “package.”
I returned home and submitted the deal to the accounting department, as was the case with all deals that included the negotiated price for each title.
A few days later, one of the senior accounting executives arrived in my office and handed me a sheet of paper indicating the value of each picture in the UK deal and told me to resubmit his per-picture price. He told me that his prices would reduce our obligations to our producers by about $450,000.
I refused to do what he asked. He threatened to go to our president, who would order me to do what he asked. Continue reading “Do You Think That I’m a Crook?”