Universal

“The base case here the film will make a little bit over a billion dollars. The cash flow to Universal and Comcast, who are the studio behind this you're looking at two hundred and fifty million dollars in pre-tax lifetime profit.”

“And when you look at Disney's profits today, it is in a whole different league than Paramount or Universal or Warner Brothers or any of the other sort of classic Hollywood studios.”

“And now Universal, and then Dennis Coker and Rob Stringer at Sony. So we have the two biggest music companies, and we're watermarking songs, and we will go live very shortly.”

“When I first came up with the idea, I offered it to universal. I said, give me money for interscope and I will start businesses with your artist. And they said, no, So I threatened to leave. I said, because I'll stay if I can do it myself, and I'll do it along…”

“From Universal to increasing their distribution because of his relationship with Death Row and Interscope, and Warner Brothers almost getting out of the music business because of the way they mishandled their relationship with Death Row and Interscope.”

“So Toby invests the majority of the money to get it going and big machine does a distribution deal with universal with his former major label for distribution and they're up and running.”

“They bought a 25% share at that point in time, and that for the opportunity for what felt like a really exciting opportunity to grow the business in a much larger way, felt like a great thing.”