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Johnny Depp: A Star in Crisis and the Insane Story of His "Missing" Millions. Early one afternoon in October 2.
Jake Bloom and Joel Mandel left their respective Beverly Hills offices, slipped into their luxury cars and embarked on the roughly 3. Hollywood Hills compound of their client, Johnny Depp.
Bloom was a rumpled and graying lawyer whose disheveled style camouflaged an intellect exercised on behalf of such luminaries as Martin Scorsese and Sylvester Stallone. Mandel, then in his early 5. Both men had been close to Depp for years.
Bloom, indeed, was such a confidant to the actor that he had even joined him for an induction ceremony into the Comanche nation when he played Tonto in The Lone Ranger; as for Mandel, he had accompanied Depp to his three- island property in the Bahamas, atolls Mandel had helped his client buy for a total of $5. These men were part of Depp's inner circle, at least as far as any lawyer or accountant could belong to the inner circle of an artist this mercurial, one with a skull- and- crossbones tattoo on his leg and "Death is certain" scrawled beneath it, whose soul mates were such creative titans as Marlon Brando, Keith Richards and Hunter S.
Thompson — the journalist whose ashes Depp fired from a cannon hauled to the top of a 1. Leaving their cars that day, the advisers approached one of Depp's five houses on a dead- end stretch of North Sweetzer Avenue. A modernist affair that was simply referred to as 1. Berry Gordy. One of the star's two omnipresent assistants led the men in, past a painting that British artist Banksy had created for Depp, and into a den, where the actor was leaning back in a slightly battered chair, surrounded by dozens upon dozens of classic guitars. After the obligatory small talk, the visitors got to the point: Depp's cash flow had reached a crisis point, they declared.
Even though the star had become wildly wealthy (later, Mandel would claim Depp earned more than $6. The Management Group, the company Mandel had started in 1. Robert), there just wasn't enough liquid money to cover Depp's $2 million in monthly bills. Without a fire sale, Depp — then arguably the biggest star in Hollywood and certainly one of the best paid, thanks to the Pirates of the Caribbean franchise — would never be able to meet his obligations.
Not the payments on his portfolio of real estate around the world. Not the impulse purchases such as the three Leonor Fini paintings he had bought from a Manhattan gallery (the first two for $3. Amber Heard). Not the $3. Watch Heartbreaker Online Heartbreaker Full Movie Online. Not the $3. 50,0.
And not the hundreds of thousands of dollars he paid to sustain his ex- partner, Vanessa Paradis, and their children, Lily- Rose and Jack. Mandel dug into his briefcase for a one- page summary he had prepared, but Depp waved it away. Still, after three hours, the actor agreed to a compromise: He would sell his beloved Amphitrite, the yacht he had bought for $1. Brad Pitt and Angelina Jolie. With his consent in place, Bloom and Mandel said their goodbyes, stepped out of the house and breathed a sigh of relief. The city stretched before them.
The bright light that had bathed it when they arrived was fading and would soon give way to night. That exchange, the start of an increasingly fraught relationship between the star and his team, would culminate in the 2.
Mandel and Depp's longtime agent, United Talent Agency's Tracey Jacobs, along with a $2. Jan. 1. 3 by Depp against the Mandels' TMG, accusing them of fraud and mismanagement, among other things. TMG has since countersued, alleging that Depp, now 5.
After eight long years since his beloved wife's hideous murder, unexpectedly, an accidental discovery of two bodies near a Doctor's estate will stir things again in a. Slant Magazine's film section is your gateway to some of the web's most incisive and biting film criticism and features. Johnny Depp: A Star in Crisis and the Insane Story of His "Missing" Millions by Stephen Galloway, Ashley Cullins May 10. Our film critics on blockbusters, independents and everything in between.
Pirates of the Caribbean: Dead Men Tell No Tales and painting a portrait of an out- of- control movie star, reeling from a nasty split from Heard and used to spending freely, including $3. The Mandels seek a court declaration that "Depp is responsible for his own financial waste"; Depp's side wants them to pay him millions, claiming they served as lawyers as well as accountants and therefore — if Depp's interpretation of a California statute is correct — had no right to a percentage of his earnings without a proper contract. The lawsuits, along with multiple interviews conducted by THR, indicate that Depp's capricious behavior and poor decision- making placed him in a serious financial bind, which paved the way for the rupture with his closest advisers. All declined to comment; while Bloom has not been fired, he has had no contact with Depp for months.)It is unclear how the actor's problems have impacted his relationship with his sister, Christi Dembrowski, a longtime conduit to her brother and head of his production company who selected Mandel in the late 1. Depp to interview. Dembrowski allegedly received $7 million in "loans" as TMG managed Depp's estate.
She, like Depp, did not respond to requests for comment. The unfolding legal battle could shake some of Hollywood's most established business traditions. Depp's new attorney is challenging the common practice of lawyers taking a percentage of their clients' earnings without a written contract. If the suit is successful, it could open the door to a host of similar challenges. All this comes as Walt Disney Studios prepares for the May 2.
Pirates movie, the fifth in the series. Studio execs worry that Depp's personal peccadilloes could impact the marketing of their $2. Six years have passed since the last Pirates installment earned more than $1 billion globally, and Depp's most recent big- budget vehicle, Alice Through the Looking Glass, lost hundreds of millions of dollars for Disney; now it's betting that the star's private struggles won't sink this movie, too.
Depp's demons — which seemed to surface in November 2. Hollywood Film Awards — became public when he was living in Australia for Pirates 5. Filming ran from February until July 2. Heard spilled into the Australian tabloids."You've got to understand the kind of pressure Johnny was under in Australia," says producer Jerry Bruckheimer. At times helicopters would follow him home.
There would be so many media outside his gates that trucks were feeding them. There was so much stuff made up about him: that Johnny had a fight on set and had gone back to the States, which we both read about while we were in his trailer."Still, sources close to the production report tales of excessive drinking, physical fights with Heard and constant lateness on set, which often left hundreds of extras waiting for hours at a time.
Time and again, Bruckheimer, an assistant director and a flotilla of Disney executives led by production chief Sean Bailey were forced to huddle and debate how to handle their star's tardiness. He's not a morning person," quips one member of that group."There were certainly days when our plans were challenged," says Bailey. But no one should underestimate Johnny's passion and commitment to this character and franchise."Several times, the production staff raised the matter of Depp's tardiness with him, both on set and in his trailer, in a largely fruitless attempt to have him toe the line. Often, sources say, a production staffer was stationed in an unmarked car outside the Coomera, Queensland, compound that Depp had rented from Grand Prix champion Mick Doohan so that the sentinel could alert everyone the second a light was switched on in the morning (or afternoon)."When he got up, he'd turn on the light, and the moment the light went on they'd call the line producer, who would then call the directors [Joachim Ronning and Espen Sandberg]: 'He's up! He's getting ready!' " says an on- set source.
They even had a special code term, like 'The eagle has landed.' Johnny had no idea this was going on."Depp's lateness and alleged heavy drinking caused enough concern that Jacobs, his then- agent, got into an argument with Bruckheimer when they were waiting on a set in the Gold Coast suburb of Helensvale. She went over to Jerry and said, 'You've got to do something! Watch Paris, Texas Streaming. You're the producer,' " recalls the production source. Watch Spirit: Stallion Of The Cimarron Streaming. He said, 'You do something.