Recesssioned | Hollywood Salary Cuts… When Will It Trickle Down?

Category: Been down so long looks like up to me
By Bryan Carlin on April 03, 2009

By now, we’ve all been horrified by the bloodletting going on in Hollywood. Specifically, the news that the top “talent” have been forced into lower pay as the studios have had to tighten their belts. Julia Roberts only making $15mm for her performance in the sure to be groundbreaking, Eat, Pray, Love. Scarlett Johansson making less than half a million for Iron Man 2. Stars not getting the deals that would give them a fixed percentage of the movie’s overall take. The list of outrages go on and on.

What we want to know at Recessioned is, when will these savings trickle down to the price of the movie ticket? Or better, the package of Twizzlers at the concession stand? It seems that during the downtown, every other store and company has been bending over backwards to cut prices and keep customers, except the movies.

If I were actually a reporter I’d do some research or make a phone call, but it seems to me that with unemployment and uncertainty rising, at least some people would have to be thinking twice about going to spend an evening at the movies and deciding to stay home with a bottle of Trader Joe’s wine and a TIVO’d Kitchen Nightmares marathon instead.

Dammit! If Tom Cruise is making $10mm less on his next pick, I think the only fair thing would be to pass the savings down to us, and cut ticket prices down a buck or two. Anyone with me?

Source: THE DAILY BEAST

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