Do film stars nonetheless matter or is well-known IP what drives folks to theaters nowadays? It is a difficult query, however the brief reply signifies that the precise steadiness of each is vital to success within the streaming age, when Hollywood has modified its metric of success from field workplace prowess to streaming views and subscriber numbers — a shift that has solely accelerated over the course of the pandemic. Whether or not this shift was certain to occur it doesn’t matter what or just exacerbated by the pandemic, we’ll by no means know for certain, however both method, one factor stays clear — film stars nonetheless need to be paid like film stars irrespective of the place their work debuts.
To that finish, Variety has generously uncovered 17 noteworthy star salaries, and although old-school A-listers like Brad Pitt (Sony’s Bullet Practice) and Sandra Bullock (Paramount’s The Misplaced Metropolis of D) are nonetheless holding down the $20 million forts on the studios, most have turned to the streamers to safe better riches.
That features Daniel Craig, who stands to pocket $100 million for a pair of Knives Out sequels that may premiere on Netflix, and Dwayne Johnson, who inked a $50 million deal to supply and star in Amazon’s holiday-themed motion film Pink One. These mega-paychecks embrace back-end buyouts, which compensate actors for the hefty bonuses they’d’ve acquired had their films carried out nicely in theaters.
Netflix has been making these sorts of offers for some time, however WarnerMedia simply began with final yr’s Surprise Girl 1984, which noticed the studio shopping for out the profitable back-end offers for star Gal Gadot and director Patty Jenkins. As soon as that occurred, the floodgates have been open, which is how Denzel Washington wound up incomes a reported $40 million for The Little Issues, despite the fact that that complete film should not have actually value a penny over that determine. The identical might be stated for Will Smith‘s upcoming mid-budget drama King Richard, although his $40 million payday additionally contains producer charges, and on the brilliant facet, that film is seen as a severe awards contender that would carry Smith his third Oscar nomination for Finest Actor.
Netflix is definitely not shy about paying its A-list stars, as Leonardo DiCaprio and Jennifer Lawrence reportedly earned $30 million and $25 million, respectively, for Adam McKay‘s satire Don’t Look Up. The streamer additionally paid Mark Wahlberg $30 million for Spenser Confidential, which seemingly garnered sufficient views to justify the expense. In the meantime, Netflix gave Julia Roberts $25 million for the upcoming thriller Go away the World Behind and Ryan Gosling $20 million for the Russo brothers‘ big-budget motion film The Gray Man, which brings a multi-picture bonus with it. These offers beg the query… if Roberts is getting $25 million, how a lot is Denzel purported to get (if he is nonetheless connected to that challenge) for LTWB, and likewise, if Gosling is getting $20 million for The Grey Man, how a lot is his co-star Chris Evans getting? A minimum of he was Captain America!
I do not actually see how streamers can maintain a lot of these inflated star salaries primarily based on viewing numbers, however I am glad Hollywood’s A-listers are raiding the company coffers whereas they nonetheless can. Finally, buyers on Wall Road will cease being so enamored with subscriber numbers and so they’ll begin questioning why these stars must be paid a lot. I would argue that the streamers do not actually have top-tier IP, most of which has been snapped up by the key studios, so except they’ll create their very own IP, like Stranger Issues and The Witcher on Netflix, they’re left with no alternative however to overpay for prime stars.
Selection’s record included Robert Pattinson‘s wage for The Batman, and apparently, he is solely making $3 million for that superhero film. In fact, the pondering there may be that when Pattinson performs Batman, he’ll be capable to command prime greenback on different tasks going ahead, and I am certain there are escalators in his contract that may pay him significantly extra for any sequels that Matt Reeves decides to make, since I do imagine he had a trilogy in thoughts.
There are a few different attention-grabbing issues to notice about this record. Tom Cruise was paid simply $13 million upfront to star in Top Gun: Maverick, however that movie is flying straight into theaters, and he stands to make tens of tens of millions extra if it is a hit — particularly since Cruise is one among only a few stars who demand first-dollar gross on their backend participation, which means he will get paid even earlier than the studio.
Lastly, there’s the curious case of Keanu Reeves, who was paid between $12 million and $14 million upfront to reprise his position as Neo in The Matrix 4, although that determine doesn’t embrace his back-end buyout, as HBO Max has but to barter that determine. That is in step with the current information I learn in Matt Belloni‘s publication indicating that WarnerMedia remains to be negotiating phrases with Legendary to compensate the corporate for Dune, which was 75% financed by Legendary. These two sci-fi tentpoles are slated for hybrid day-and-date releases on Dec. 22 and Oct. 22 in each theaters and on HBO Max, so there’s nonetheless loads of time for all events to return to monetary phrases, which definitely will not be low-cost.
For the complete record of star salaries uncovered by Selection, see beneath. Take into account that Bullock, Pitt, Cruise Chris Hemsworth, and Chris Pine might earn much more as soon as back-end bonuses are factored in since their films will debut solely in theaters. Everybody else on this record had their back-end offers purchased out as a result of their movies will debut on streamers, although the exception is Reeves, who remains to be negotiating that determine with HBO Max.
Daniel Craig, Knives Out sequels (Netflix) – $100 million
Dwayne Johnson, Pink One (Amazon) – $50 million
Will Smith, King Richard (WB/HBO Max) – $40 million
Denzel Washington, The Little Issues (WB/HBO Max) – $40 million
Leonardo DiCaprio, Do not Look Up (Netflix) – $30 million
Mark Wahlberg, Spenser Confidential (Netflix) – $30 million
Jennifer Lawrence, Do not Look Up (Netflix) – $25 million
Julia Roberts, Go away the World Behind (Netflix) – $25 million
Sandra Bullock, The Misplaced Metropolis of D (Paramount) – $20 million
Ryan Gosling, The Grey Man (Netflix) – $20 million
Chris Hemsworth, Thor: Love and Thunder (Disney) – $20 million
Brad Pitt, Bullet Practice (Sony) – $20 million
Michael B. Jordan, With out Regret (Amazon) – $15 million
Tom Cruise, Prime Gun: Maverick (Paramount) – $13 million
Keanu Reeves, The Matrix 4 (WB/HBO Max) – $12 million to $14 million pre-buyout
Chris Pine, Dungeons and Dragons (Paramount) – $11.5 million
Robert Pattinson, The Batman (Warner Bros.) – $3 million
Plus, was Tom Holland’s Sony contract was the reason he didn’t voice Spider-Man?
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https://collider.com/daniel-craig-salary-knives-out-2-will-smith-salary-king-richard/ | Daniel Craig Wage Revealed for Knives Out Sequels, and Different Star Salaries