Hollywood stars owe a big thank you to Netflix.
The streaming service is reinforcing paid packages for the company's most famous actors, at a time when studios are becoming blunt in writing generous checks. Ryan Reynolds, for example, is getting $ 27 million to star in Michael Bay's "Six Underground" about a billionaire-funded militant squad, and Denzel Washington has asked for $ 30 million to close an action movie for company before opting to pass favor of other projects. One insider contests that Washington has received a specific salary. Will Smith is likely to make $ 35 million from Netflix in return for reprizing his role as a smart cop in "Bright 2".
On the face of it, these numbers are larger than the more traditional studios are willing to shell out for the stars. Smith and Martin Lawrence once commanded a $ 20 million image, but both actors are cutting their prices to get "Bad Boys for Life" off the ground. Likewise, Tom Cruise may have made $ 20 million in the mid-1990s and early in the heyday, but to reprise his iconic role as Maverick, the airman who rules rules in "Top Gun: Maverick," he is drawing a lump sum relatively modest US $ 12 million. to $ 14 million. Even the big franchises do not pay what they have already done.
Netflix salaries come with a big caveat. The stars do not share any positive side. Even if customers love a movie, broadcast ads, and encourage friends to check out, the actors' home pay remains the same. In a studio movie such as the recent horror hit "Us," Lupita Nyong can only have a little more than scale, but his investment will be several million dollars when the film ends its theatrical and entertainment presentations thanks to a generous back-end agreement.
For most projects, the actors' contracts stipulate that they will receive a percentage of the profits. In rare cases, a large star will receive what is called the first gross dollar, which is a part of the studio's recipes before an image is in black. Because Netflix movies do not have broad theatrical distribution and the company receives most of its revenue from subscriptions, not from home entertainment sales and licensing, a similar form of profit sharing is not feasible. Netflix salaries tend to be larger as a reflection of this reality.
Sometimes it is the stars themselves that are willing to work for less, not just the studios that dictate that they cut their hair. Ansel Elgort runs $ 5 million in more commercial rates, but is earning less than that to work with Steven Spielberg on "West Side Story." And DiCaprio and Brad Pitt get almost half of what they usually command, or $ 10 million each to pair up with Quentin Tarantino's "Once Upon a Time" in Hollywood. In those cases, working with some of the most talented filmmakers in the industry is reward enough.
While fat payments of the past may be few and far between, some actors are still able to ask for and receive compensation packages or have seen their salaries increase as their stars rise. Dwayne Johnson, one of the few remaining stars whose name is enough to ensure a solid weekend for a movie, routinely earns 20 million or more in his great action movies, and Robert Downey Jr. leveraged his influence on Iron Man in a whopping $ 20 million for "The Voyage of Doctor Dolittle," a fantasy film he hopes will inspire a franchise. And while Gal Gadot may have gotten a pittance to originate the role of Wonder Woman in 2016, "Batman v Superman: Breaking Dawn," she'll have a heroic $ 10 million to wear her character's cuffs in "Wonder Woman 1984" . These films have turned Gadot into a big star, and she's finally being paid accordingly. Other actors, such as Margot Robbie, of "Birds of Prey," get richer deals because they do not just appear in their movies – they also produce them.