Sunday, January 14, 2007

Hollywood Need to rethink those Big Paydays

The movie studios should go back to the way movies were made in the old system. However
Instead of 7 year contract with the talent they can sign someone like Russell Crowe for 3 pictures in 3 years! It wouldn't be an exclusive! They can make another movie or movies elsewhere however no matter where they go there pay check only comes if the movie makes money! For example lets say Russell Crowe has a contract s for FOX.

The contract is for 6m for all 3 pictures. Russell Crowe would get 5% of the gross box office amount but lets say it has a celling of $15m per picture!

This would help keep the cost down! The studios could also do this with directors and writers as well!

The studios could also make more movies because the cost of "the stars" would be limited

No star should make 20m for any movie! Today when a movie fails the stars still get 20m!

To me Tom Hanks, Tom Cruise, & the Julia Roberts should only get a big check if the movie makes money! Does anybody think Tom Cruise deserved $40,000,000 for "Mission Impossible 3".
The movie did not make money for the studio but Tom Cruise made $20,000,000 for starring in it and then 20% of the gross! This is just stupid! In fact after 'Mission Failed" Tom was fired off the Paramount lot! Could you blame then?

If the cost keep going up then were going to see less and less movies! In today's market
movies like "Ordinary People", "Kramer Vs. Kramer", "Tootsie", "Reds", "The Goodbye Girl","Rain-man","Norma Rae","9 to 5", "Moonstruck", "Ghostbusters" would not be made today because the cost for the actors would be too much!

Not to mention most of the above movies would not sell tickets to a 13 year old boy!

any thoughts?

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