Hollywood's New Rules: Spoiled Brats vs. Greedy Corporations
"The budgets [of big movies] are just too high," said Disney production chief Nina Jacobson, who declined to comment on the "Pirates" deal. "You can find yourself, under a traditional first-dollar gross deal, writing huge checks while you are bleeding. It just doesn't seem fair. It feels great to be writing checks in success. But it kills you to be writing checks in failure."
Talent agents and show business lawyers are skeptical of the shift. They fear the new contract terms are another way for the studios to amass more profit for themselves while sharing fewer proceeds with the people who actually dream up and make the movies. After all, Hollywood studios have a reputation for getting creative with their bookkeeping."
Hollywood Studios Rewriting Pay System for Their Talent - Los Angeles Times
posted by Jimbo Trout @ Friday, January 13, 2006