EFTA01731787

From: Jeffrey Epstein <jeevacation@gmail.com> Sent: Thursday, December 4, 2014 2:41 PM To: Richard Joslin Subject: Re: FW: Regan Arts On Thu, Dec 4, 2014 at 9:40 AM, Richard Joslin wrote: I appreciate your insight. I un=erstand the plan is as follows — take draft model to Apollo =nalyst (publishing expert) and they provide guidance so that the model is developed fully by the analyst. I'd like to discuss=with you. Please send time/ number. Thanks From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Thursday, December 04, 2014 9:36 AM To: Richard Joslin Subject: Re: FW: Regan Arts i see you refer the kinks in the model. =ou do so at your extreme risk, . now that you want to be invoked in thhe model making , when it is inaccurate , there will be one =asy person to blame. On Thu, Dec 4, 2014 at 8:55 AM, Richard Joslin target=' blank > wrote: Are you OK with below =Brad's comment) From: Brad Wechsler [mailto:EIMINIMME Sent: Wednesday, December 03, 2014 3:22 PM To: Richard Joslin Cc:'=eevacation@gmail.com <mailto:jeevacation@gmail.com> '; Eileen Alexanderson Subject: Re: Regan Arts Excellent idea/approac= as long as JEE is ok with apollo helping the trusts. From: Richard Joslin imailto: EFTA_R1_00004984 EFTA01731787 Sent: Wednesday, December 03, 2014 02:31 PM To: Brad Wechsler Subject: RE: Regan Arts Via JEE and via EA (vi= LDB), thought is to have Apollo analyst who is familiar with publishing (=polio purchased McGraw Hill textbook division) to give color on the draft model and to provide industry insight. I think th= model still has some kinks to iron out, especially the royalties. =C2 EA volunteered to trace back to her files with the Apollo anal=sts she spoke to in 2012 when Phaidon was purchased.<=p> From: Brad Wechsler [mai Sent: Wednesday, December 03, 2014 10:23 AM To: Richard Joslin;'jeevacation@gmail.com <mailto:jeevacation@gmail.com> ' Subject: Re: Regan Arts Has anyone reached out=to keith and judy to provide them a little context so they don't feel =hreatened. If yes, good; if not I will. Pls let me know. From: Richard Joslin Imailto Sent: Wednesday, December 03, 2014 09:35 AM To: jeffrey E. <jeevacation@gmail.com <mailtoieevacation@gmail.com»; Brad Wechsler Subject: FW: Regan Arts I summarized open ques=ions to Phaidon accounting team below From: Richard Joslin Sent: Wednesday, December 03, 2014 9:26 AM To: John Murphy Subject: Regan Arts Please take a look at this — I'd lik= to have a call this morning to discuss. Thanks Revenue How was 47% of list price derived? Is that contractu=l with distributor? If there is a second printing, is the 47% =ontinue to apply? 2 EFTA_R1_00004985 EFTA01731788 Direct costs PPB - what is the derivation on a per title ba=is — cost varies per unit/ median $1.72/ title. PPB - If there is a second printing would the =er unit amount remain the same? Plant expense - what is the derivation on a per titl= basis. Please provide detail, eg development, photo, artist fees, copy ed=ting Plant expense — please confirm that if there=is a second printing then there is no incremental plant expensec=u> Royalty — pls send some sample contractsau> Royalty — I see benchmark payment schedule, =g amount at hardcover publish date; amount at softcover publish date. =AO Are these contractual by date? Royalty — Under what circumstances would the=e amounts need to be returned? Royalty — if there is a scheduled softcover =ayment and the book is not release in softcover, is the payment cancelled?=u> Royalty — what is Royalty/ expense memorandu=? I assume it is the total amount of advances paid to author? Royalty — Cash flow — Cash Outflow (=est case scenario) includes "Royalties advances (14) ($1,441,=00) and "Additional (14) Royalty Payments=EF ($1,552,071). These two amounts add up to $2,9=3,071. I understand this amount to be equal to total royalties payab=e if all print quantities sold. Please clarify that the =9CRoyalty Advances(14) =BF were actually paid in 2014 (not 2015). Selling and distribution — 10% is paid to di=tributor; what is the additional 3%? If there is a second printing, =s 13% continue to apply? M&P - what is the derivation on a per titl= basis. Please provide detail Freight - what is the derivation on a per title basi=. Please provide detail 3 EFTA_R1_00004986 EFTA01731789 =A0 Richard Joslin CFO Elysium Management LLC www.imax.com <http://www.imax.com> IMAX is a registered trademark of=IMAX Corporation. IMPORTANT NOTICE Information contained in this e-mail correspondence and any attachments is =onfidential information intended only for the use of the individual or ent=ty named above. Any reader of this message who is not the intended recipient of this corres=ondence is hereby notified that any dissemination, distribution, copying or communication of the contents of this correspondence is strictly prohibi=ed. If this e-mail was not addressed to you , please immediately notify us=br> by phone in Canada at (905) 403- 6500 <tel:%28905%29%20403.6500> (collect calls will be accepted) or by email at webmaster@imax.com<=a> and delete and destroy this correspondence inadvertently sent to you. Thank you <mailto:webmaster@imax.com> 4 EFTA_R1_00004987 EFTA01731790 please no=e The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved --001a11c1b3c43750eb050964f3af-- date-last-viewed 0.0 date-received 1417704065 flags 8590195713 remote-id 130353 5 EFTA_R1_00004988 EFTA01731791