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Thread: Star salaries coming down in Hollywood - report

  1. #1
    Elite Member mtlebay's Avatar
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    Thumbs up Star salaries coming down in Hollywood - report

    LOS ANGELES (Reuters) - Poor Jim Carrey. His movies have raked in nearly $2 billion at box offices, but now a leading entertainment magazine says the comedian's asking price of $25 million a film has become "a bit of a gamble."

    In its issue out this week, Entertainment Weekly rates top stars on whether they are worth the money.

    Among those whose asking prices have become too high are Carrey, Nicole Kidman, Will Ferrell and Eddie Murphy, the magazine said.

    It added that after years of ever-rising star salaries, the prices for top talent are now coming down because the cost of making movies is going up, among other issues. "It's long overdue," former Twentieth Century Fox Chairman Bill Mechanic told the magazine.

    Entertainment Weekly quoted several studio executives as saying the rising cost of production has led many stars to take large parts of their fees from revenue and profit participation that may never materialize if films flop at box offices.

    Carrey, star of hits like "Bruce Almighty," had been a big beneficiary of the 1990s' salary run-up during which he saw his paycheck hit the $25 million mark.

    However, his recent big-budget movies like "Fun with Dick and Jane" barely topped $100 million in domestic ticket sales, leaving his star tarnished, the magazine said.

    Carrey's not the only one. Kidman is considered a risky bet after the box office failure of "Bewitched" and "The Stepford Wives" among other recent films.

    Will Ferrell's $20 million also made the list of risky bets given recent box office disappointments and Eddie Murphy's $20 million was considered downright "too pricey."

    But Tom Hanks' $25 million was thought to be "worth every penny" because he remains "one of the most bankable brand names in the world." Oscar nominee Jake Gyllenhaal, at $5 million to $7 million a picture, and Rachel McAdams at $3 million to $4 million, were bargains.
    http://news.yahoo.com/s/nm/20060504/...tarsalaries_dc

    I say it's about time!
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  2. #2
    Elite Member NawdleZouss's Avatar
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    Default Re: Star salaries coming down in Hollywood - report

    If it means less Nicole Kidman, all the more reason to let this brighten my day.
    2 years...

  3. #3
    Elite Member darksithbunny's Avatar
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    Default Re: Star salaries coming down in Hollywood - report

    Less Tom Midget. Oh, please less Tom Midget!

  4. #4
    SVZ
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    Default Re: Star salaries coming down in Hollywood - report

    This just means more money are going to executives, which I don't think is a good thing either.

    A few bands are suing SONY because well...the promise that online marketing was going to mean a larger share towards the artist was a lie. They receive something like 25 cents per sale.

  5. #5
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    Default Re: Star salaries coming down in Hollywood - report

    Jim Carrey is an unusual celebrity....
    He gets paid an insane amount of money to do what he does, and yet still somehow manages to stay mostly out of the limelight. He pops up on various TV shows every year or so to promote his latest movie, and then disappears again. When's the last time you saw him in a tabloid?

    Exactly.

  6. #6
    Friend of Gossip Rocks! ourmaninBusan's Avatar
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    Default Re: Star salaries coming down in Hollywood - report

    [T]he prices for top talent are now coming down because the cost
    of making movies is going up, among other issues. "It's long overdue,"
    former Twentieth Century Fox Chairman Bill Mechanic told the magazine.
    This demands a haughty FUCK OFF from Busan.

    1. Read Michael Jay Epstein for a glimpse into how H'wood is
    really making money left right and center through tax shelters
    and exaggerated "costs." Believe him -- the costs of movies
    aren't nearly as high as this exec would have you believe.
    Did you know that Tomb Raider had production costs of
    $7,000,000 -- and not $91 as previously reported by a
    docile press?


    2. The box office accounts for only 18% of revenue for a film.
    The rest is due to DVDs, tax shelters and TV sales in Asia and
    elsewhere. The "box office" is not nearly as important as it was
    in, say, 1948, when it was the sole source of movie revenue.

    3. You don't get what you deserve. You get what you negotiate.
    This story is an attempt on behalf of the studio heads to
    drive salaries down, by creating an environment where
    everyone thinks salaries are going down.

    4. That exec making that statement has stock options that could
    pay the water bill for Portland, Oregon -- his salary is not going
    down...end of story.

    ♫` ∴|| ~∞≠∝ ♫♪ $ -4C

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    Elite Member Mel1973's Avatar
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    Default Re: Star salaries coming down in Hollywood - report

    Fuck 'em, they are all overpaid. If they can't scrape by on 20 million for a shitty movie, they should consider getting a real fucking job.
    Kill him.
    Kill her.
    Kill It.
    Kill everything... that IS the solution!
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    twitchy molests my signature!

  8. #8
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    Default Re: Star salaries coming down in Hollywood - report

    Quote Originally Posted by Mel1973
    Fuck 'em, they are all overpaid. If they can't scrape by on 20 million for a shitty movie, they should consider getting a real fucking job.
    I agree. Fuck 'em.

  9. #9
    Hit By Ban Bus! DirtyPool's Avatar
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    Default Re: Star salaries coming down in Hollywood - report

    I think Nicole Kidman is past her prime. Why does she insist on having granny hair?

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