She may have been hoping for a windfall like that, but what she expected was for Disney to honor the contract she signed that specified no streaming for a certain number of weeks to protect the box office receipts that were the main basis of her deal.
I have a friend who has been a working (meaning, struggling) actor for 20-something years who posted a blistering take down of ScarJo for her lawsuit. His point was there were so many actors who would be happy to make a “mere” $20M for the chance to work in a film. I understand his feelings, and like him, so did not reply that I disagree with him. I might feel differently if the extra money was going to below the line workers on the film production, rather than Disney shareholders and executives. On Sun, Aug 1, 2021 at 2:16 PM Steve Timko <[email protected]> wrote: > I haven't read the thread Phineas shared, but the Cameron Diaz deal for > "Bad Teacher" is well known. when ScarJo negotiated the deal, this is > probably what she was expecting. Enough money she never had to work again. > > > https://www.businessinsider.com/16-of-the-highest-paid-movie-roles-of-all-time-2018-5#14-cameron-diaz-as-elizabeth-halsey-in-bad-teacher-7 > > $42 million > > Source: Yahoo Finance > <https://finance.yahoo.com/blogs/daily-ticker/the-10-best-deals-ever-struck-by-hollywood-actors-141916181.html> > > Diaz was paid a mere $1 million to get "Bad Teacher" produced, but > received a portion of box-office earnings, which secured her over $40 > million for the movie. It's known as one of the most "legendary" deals > <https://finance.yahoo.com/blogs/daily-ticker/the-10-best-deals-ever-struck-by-hollywood-actors-141916181.html> > in > Hollywood history. > > On Thu, Jul 29, 2021 at 6:29 PM PGage <[email protected]> wrote: > >> There is a larger, and more interesting, issue at stake here, though >> creative Hollywood accounting is part of it. >> >> I highly recommend the account available at this tweet by Matt Bellini, >> former editor at The Hollywood Reporter and entertainment lawyer, who has >> been all over this evolving story. >> >> https://twitter.com/mattbelloni/status/1420802198724698119?s=21 >> >> Basically, the pandemic accelerated the transition of the finances of the >> film industry from being based on ticket sales to streaming revenue. He >> says film studios are now basically streamers. Problem is blockbusters >> being released now had their deals with “talent” based on the old model, >> but are being released in the new environment. >> >> The main problem is not really creative accounting, though in a new way >> that is part of it. The old style creative accounting was mostly about how >> ro define net profits, but big stars these days structure deals based on >> gross revenues, so that is less of an issue, as ticket sales are (kind of) >> verifiable. But there is no way currently to independently access streaming >> and subscription numbers. Bellini recommends that going forward talent >> build in contract language giving them the right to independently audit >> streaming and subscription data. >> >> The real problem Bellini says is a new divergence between the financial >> interest of Talent, whose deals are tied to box office, and studios, whose >> profit is now tied primarily to streaming subscriptions. Studios have been >> streaming blockbusters early, reducing ticket sales, but boosting streaming >> subscribers. >> >> Warner had a similar problem earlier in the year, and after initially >> lowballing its talent, came up with significant additional payments. Disney >> has been significantly more Dickish, even though stars’ contracts (as >> ScarJo’s does) often specifically preclude quick release of films to >> streaming. >> >> So ScarJo’s suit is not about getting paid fir this film (though it is >> about that of course) but also about trying to curtail attempts by big >> studios to unilaterally grab a larger share of film revenues under the new >> model. >> >> >> >> On Thu, 29 Jul 2021 at 3:33 PM Kevin M. <[email protected]> wrote: >> >>> I worked in Hollywood for five years, and the single biggest lesson I >>> learned is to always get paid in advance. I can’t believe she’s been in the >>> business for over a quarter of a century without learning that lesson. >>> >>> On Thu, Jul 29, 2021 at 3:20 PM 'Bob Jersey' via TVorNotTV < >>> [email protected]> wrote: >>> >>>> “Disney chose to placate Wall Street investors and pad its bottom line, >>>> rather than allow its subsidiary Marvel to comply with the agreement,” >>>> attys argue in a breach-of-contract action filed today (7/29) in L.A.... >>>> WSJ, who first reported the suit, estimated about $50mil in lost bonuses... >>>> >>>> >>>> https://variety.com/2021/film/news/scarlett-johansson-sues-disney-black-widow-1235030582/ >>>> (link) >>>> >>>> B >>>> >>>> -- >>>> You received this message because you are subscribed to the Google >>>> Groups "TVorNotTV" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to [email protected]. >>>> To view this discussion on the web visit >>>> https://groups.google.com/d/msgid/tvornottv/878fb2dd-7352-4c6e-a753-25f778a97ebbn%40googlegroups.com >>>> <https://groups.google.com/d/msgid/tvornottv/878fb2dd-7352-4c6e-a753-25f778a97ebbn%40googlegroups.com?utm_medium=email&utm_source=footer> >>>> . >>>> >>> -- >>> Kevin M. 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