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Other individuals associated with the film signed contracts based on a percentage of net profits rather than gross box office receipts, net profits being the
Other individuals associated with the film signed contracts based on a percentage of "net profits" rather than gross box office receipts, net profits being the films' profits after the recouping of all the studio's expenses. For example, Winston Groom, who wrote the novel on which the movie was based, received $350,000 plus 3% of the film's net profits. Eric Roth, the screenwriter, signed a similar contract with a fixed fee plus 5% of the film's net profits. Based on your calculations above, how much did these two individuals receive from their share of the film's net profits? (Do not leave any answers field blank. Enter Ofor amounts.) Roth Groom $ How much in gross box office receipts will the studio have to receive from theaters before Groom and Roth receive any money under their net profit participation contract? (Round answer to 1 decimal places, eg. 52.7.) Gross box office receipts $ | million
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