no sense of morality, Hoagy. A man who lies on spec. You know he actually claims that Yeti , which only happens to be the fourth highest grossing movie in Hollywood history, still hasn’t netted a profit? Matthew only made his salary on that picture. Not a penny more on the back end. It wasn’t until he did the sequel that he had enough clout to demand, and get, gross points. And then when he did Dennis the Dinosaur I made sure he retained all of the licensing rights to his characters. That’s where the gold was. Schlom knew it, too, but I said take it or leave it. So he took it.”
“I’m surprised you stayed at all.”
“Don’t be. You know what they call the Disney Studio under Jeff Katzenberg’s rule? Mouschwitz. Better the devil you know. Fewer surprises that way.” Shelley shook his head, disgusted. “Schlom’s clever though. He still figured a way to force Matthew into that Three Stooges disaster. Matthew, he was deeply, deeply hurt by that experience. But it didn’t set him straight about the business. No way. See, Matthew had a real shitty relationship with his father, who was a major scumbag. To Matthew, Schlom was simply his father being shitty to him all over again. That’s the only way he was able to comprehend it. I had to get him out of there after that. That’s what Bedford Falls is about. It’s a home. A safe environment where he can feel comfortable and not have to associate with the Schloms of the world. He named it after the town Jimmy Stewart lived in in It’s a Wonderful Life , the Frank Capra movie. Matthew’s favorite. He watches it at least once a week. That’s where the name Georgie came from, too—Stewart’s name in the movie was George Bailey. He even owns the ‘George Lassos the Moon’ needlepoint that Donna Reed made for Stewart in the movie. Bedford Falls is a dream come true, Hoagy. An old-fashioned Hollywood studio, like out of the thirties. Eight soundstages, a back lot, office buildings—all ours. We’ve created an alternative to the madness. A place where talented young people can come and do good work and know we’re not out to screw them. We won’t tack on millions in bogus overhead. We won’t cheat them out of their back end. We’re nice . They can’t get over it. Coppola tried doing it years ago with American Zoetrope, only he fell on his face because he wasn’t a sound businessman. The major studios, they want us to fail, too. We’re a threat to them. But we won’t. We’re bottom-line oriented and we’re realistic. We make a small, select slate of maybe eight Bedford Falls films a year. Romances, family comedies, the kind of movies Matthew likes. A lot of them are directed by kids who used to work for him. Strictly moderate budgets. We draw the line at twenty million and we won’t go over it. We won’t work with crazed stars who demand ten million and gross points and then disappear in their trailer all day because somebody looks at ’em funny. We won’t work with egomaniacal directors who demand we take out a full-page ad in Variety calling them geniuses. We won’t work with coked-up producers who demand we build them their own three-million-dollar kingdom out in our parking lot. We work with decent, enthusiastic, hardworking professionals who enjoy their work.” He paused, glancing hungrily at the empty Danish plate. He’d really wanted that last one. “We also have something else Coppola didn’t have. We have Matthew Wax. He’s an industry unto himself.”
“Sounds wonderful,” I observed.
“It is wonderful,” he enthused.
“So what’s your problem?”
He stared at me. I stared back at him. That’s one of the things I am best at. He sipped his coffee. He cleared his throat. “If Pennyroyal gets half of Bedford Falls in her divorce settlement, she’s made it clear she intends to sell out immediately—to Panorama City. Schlom again. I hear he’s offering her $150 million. A sweetheart deal—she’ll get her own unit there