Wednesday, April 15, 2020
Salary Hollywood Actors are Making Less Than They Used To
Salary Hollywood Actors are Making Less Than They Used To So Hollywood pay is stellar? Well, actually, actor, director, and producer compensation is going down. The Hollywood Reporter has released salary trends for 2016, with this startling observation for some of your favorite celebrities. âThereâs never been a better time to be a CEO,â the magazine said in a blog post on Thursday. âBut actors, directors, and producers may want to start clipping coupons.â Sure, itâs a little tongue-in-cheek â" but for an industry where payouts once knew no limit, the data is shocking nonetheless. Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Here are some noteworthy changes: Movie Stars There was a time, THR notes, when A-list actors would earn $20 to $30 million up front for every picture. Not so these days, when even Dwayne âThe Rockâ Johnson, one of the best-paid actors in Hollywood, nabs just (just?) $19 million a film. Leonardo DiCaprio still makes about $25 million per starring role, but heâs in the minority. As a result, some actors are taking more of an ownership stake in films, compared to previous years. As the publication notes: Vin Diesel, who gets paid tens of millions for the Fast Furious movies, recently cut a similar deal for XXX3; sources say heâs getting $1 million up front plus an ownership stake. âMore and more of these deals will be happening,â predicts one producer who works in the studio and indie worlds. âItâs smart and modern.â Directors Like actor salaries, director compensation isnât as clear cutâ"or as colossalâ"as it once was. Christopher Nolan (The Dark Knight, Interstellar) is said to be nabbing $20?million upfront and 20% of the gross for his upcoming World War II epic Dunkirk, but that far outpaces most. The average director salary for a studio film is in the $750,000 to $1.5 million range, depending on past credits, according to THR. ⦠even a director as esteemed as David Fincher can find himself getting nickeled and dimed when a studio is less certain of a projectâs future; Fincher lost Steve Jobs to Danny Boyle because he wouldnât back down from his $10 million asking price (plus, he wanted control of marketing). Producers First-time producers are faring better than their predecessors salary-wise, but âonce you get to the top of the food chain, you hit a ceiling,â THR says. âFor the most part, those super-plum deals that used to spew out tens of millions of dollars now are all but extinct, replaced by stingier cash break-even contracts, where producers donât get paid until the studio recoups its production and marketing budgets.â Big names are still pulling in the big bucks, though. Superstar producers like Scott Rudin (Steve Jobs, Ex Machina) and Lorenzo di Bonaventura (Deepwater Horizon, Transformers ) make as much as $2.5?million in upfront cash, plus a percentage of box office earnings, THR observes.
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