On May 25, 1977 in only 42 theaters, what we now know as ‘Star Wars Episode IV: A New Hope” opened. Its writer/director George Lucas was so convinced that it would not be a hit, he traded a small portion of his percentage of the movie’s profits to his friend Stephen Spielberg for an equal percentage of Spielberg’s profits from Close Encounters of the Third Kind. In spite of the fact that Spielberg’s film was successful, he definitely got the best of that deal.
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