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The Los Angeles Times from Los Angeles, California • 347

Location:
Los Angeles, California
Issue Date:
Page:
347
Extracted Article Text (OCR)

lrA7lMAWA'AAjAMAIAAJMA H-- rABMfMAK MM! LCMAMCfLII I SAM Ft (NAN DO VAUIY SHERMAN FOX VENICE ftOM VAMTUAA A IIAIIIII OAKS 71441 OUNDAIlPAMMNA'' OftAMOf COUNTY ALCOA RIALTO i TfftfMT I 02 MM OttKl Mi t. MIASMA IA TOt MIMA HW HfWFOklT MACH 7tVWH seller Arthur Hailey in town recently to promote "Overload" (Doubleday: admits, "I have no agent for books. I handle all my own business affairs. But for movies and TV, I have an agent. It's a jungle out there.

One should not walk alone." A millionaire author like Hailey also doesn't pass up movie money. Even Hailey realizes the seeming outrageous-ness of the figures quoted: "The media has hyped all this far too much," he says. For clarity, it should be stated that fees are never paid totally up front, especially in publishing. Mario Puzo's paperback deal for "Fools Die" nets him only $100,000 a year for five years, after taxes, agents, etc. Often authors' arrangements are cross-collateralized against future books and earnings.

Advances also are broken down into fragmented payments: One does have to deliver a final product to be finally, and fully, paid. There also are misconceptions, starting with gross percentages vs. net percentages. Obviously, the former is more attractive. Theoretically, a writer with a "gross deal" would see money from the first box-office dollar earned.

In fact, it's a clouded issue. Carl Bernstein and Bob Woodward had a gross point deal on the movie of "All the Pres- Plcase Turn to Page 36 'One of the year's 10 New York TimesTime MagazineRona Barrett, ABC-TV FROM BOOKS TO BUCKS Continued jrom Page 33 Big Book-to-Big Movie titles, among them "Dress Gray," "Bloodline," "Made in America," "Tales of the City," "On the Brink," "Plum Gut," "Destinies," "Winter Stalk," "Titles," and "Blue Roses." The drought of material, such as it is, requires a new kind of creativity. Publishers and moviemakers now are willing to experiment. Five years ago, Doubleday the publishing house that's one of America's richest privately held companies (Nelson Doubleday and family have total control; there's no stock) decided to get into movie investing. The project was Lorenzo Semple's "Parallax View," the star, Warren Beatty.

Paramount produced, Nelson Doubleday invested, Evarts Ziegler masterminded. In short, a property was invented, financed, produced and promoted. The upshot: The publisher and agent reaped some profits, the studio did not. And the "trend" didn't catch on. Doubleday went back to books and acquired De-lacorteDell.

Another innovation happened last year. One noted producer encountered an unpublished writer who had a good book-to-movie idea but no track record. So the producer financed a short presentation film of the idea for $5,000. After publishers saw the short subject, the bidding zoomed to the six-figure area. Film thus can be a selling tool to get a book off the ground, which can then, in turn, become a film.

Much of today's book -world power goes not to agents but to agent-attorneys who can decipher all the clauses. The Irving Wallace clan (all four family members are writers) has no book agent, only an attorney, Wally Wolf, to handle contracts. Perennial best- PGQ lg) WAtTNl a BBO -Ml All IHOHliWitlTVlD NOW GOLDEN GLOBE AWARD WINNER BEST FOREIGN FILM 3 COSTA MESA Cinema Center 714979-4141 HAWTHORNE Hawthorne 644-8668 ORANGE UA City Cinema 714634-3911 PANORAMA CITY LOS ANGELES El Rey 931-1 51 3 Americana 893-6441 TARZANA Movies 996-1 300 ACADEMY MEMBERS: Your cord admits you end guest to any performance. FINE ARTS Theatre. Beverly Hills 652-1330 DAILY O0 1:00 A 10:00 PM SAT-SUN 2:00 4:00 0:00 1:00 A 10:00 PM ACADEMY MEMBERS: Your card admits you and a guost lo any parlormanca.

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371-1600 MIONtGHTEXPtESSIR) Fim Parting OLDTOWNE From Deep 19900 H'thorne. MVAHON OF THE 371-1600 IOOY SNATCHEISIPO) Frw Parting 652-8067 THANK GOO IT'S FRK)AY(PG) BRUIN Wnnrood 477-0988 THE Mklnite Show Tonite COVINA FUA lUVINA Believe A Man Can Fl Fly 211 Aiuaa SUPERMAHII 332-0050 WESTWOOD EVERY WHKH WAY MIT 1050 Garkrv lOOSE(PG) WESTWOOD Alan AMaEllen Burstyn 1050 Gayley SAME TIME, NEXT WAR IPG) 473-7664 WESTWOOD Warren Beatty-JulleChrlstle 1050 GayHy HEAVEN CAN WAII(PG) 473-7664 OLD TOWNE FOX COVINA EVERY WHKH WAYIPGI 211 N. Ansa 332-0050 OLIVER'S ST0RY(PGI Cheech Chong's VP IN SMOKElk) HOLLYWOOD Armies 01 The Night 6764 Hollywood THE WARRKRS(R) 463-9371 Mldnlte Show Tonite VOGUE KMG Of THE GYPSIESR) 6675 Hollywood 462- 6621 FUETTY IAIV(R) FOX EVERY WHKH WAY lUTlOOSE(PG) 6506 Hollywood 463- 2164 THANK GOO IT'S FRL(PG) LOS ANGELES FAI RFAX Walt Disney's NORTH AVE. 7907 Beverly Bl KREGUURSIG) 653-3117 IUGSY MAIOWIPO) LOYOLA Walt Disney's 610 Sapulvada NORTH AVL KREGUURSIG) 670-0346 FrMPkg pasadenaclendalF) MANN 467 rVnemead Peter Falk 351-9641 TM IRINK'S JOt(PG) FrM Parking MANN Wild Funny 47 Koaimead NATION Al ItMPOONi 351-9641 ANIMAL HOOSE(R) FrM Parking Iniiikji 19900 Hthorna. 371-1600 FrM Parking FOX COVINA Disney's NORTH 211 Aruu AVE.

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Pages Available:
7,612,743
Years Available:
1881-2024