$GFMH breakout today
WHY GOLIATH WILL HAVE $3-5 MILLION IN REVENUES
Being a distributor is not glamorous like being a producer, director or actor, but like in any other business, most of the money made in Hollywood is made by the distributors. A good movie (regardless of whether it can be theatrically released) can be sold to 30-50 foreign markets for a total of about $200,000 at one of the international film shows. Goliath has 10 good movies. That is $2 million in gross sales or $600,000 to Goliath for its 30% cut as a distributor. Goliath has stated that it thinks it can get a couple hundred movies this year, but let's assume they only get 40 more. That is $3 million in net revenues to Goliath, with only a couple hundred thousand in expenses and minimal out of pocket cost to acquire the distribution rights. This does not count the revenue from the educational films nor from streaming.