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Brad Pitt says big Hollywood Pay Days are over for Stars

Sep 11 2012, 7:27am CDT | by

Brad Pitt says Hollywood can no longer afford to pay huge salaries to major stars because of the global economic downturn.

Brad Pitt insists Hollywood just doesn't have the cash to splash on its major stars at the moment due to the global financial crisis and the top actors must simply get used to the economic change....

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1 year ago

Brad Pitt says big Hollywood Pay Days are over for Stars

Sep 11 2012, 7:27am CDT | by

Brad Pitt says Hollywood can no longer afford to pay huge salaries to major stars because of the global economic downturn.

Brad Pitt insists Hollywood just doesn't have the cash to splash on its major stars at the moment due to the global financial crisis and the top actors must simply get used to the economic change.

When asked if major stars could expect to earn $10 million per movie, he told the BBC: "Yeah, that thing died. That arithmetic doesn't really work right now ... that deal's not flying these days."

Despite the drop in salaries, Brad insists it is a really "interesting" time in Hollywood at the moment.

The 'Killing Them Softly' star - whose fiancee Angelina Jolie is one of the world's most successful actresses - insists the monetary challenges can bring the best out of the industry.

He explained: "It's a really interesting time. A lot of the studios have been challenged because of the economic downturn as well so they've been betting on bigger, more tent pole kinds of things. At the same time that opens up a vacuum for really interesting new filmmakers to come in."

According to Forbes' top 10 highest earning actors list - published in July - Brad banked $25 million in the last financial year.

Tom Cruise topped the list with earnings of $75 million.

 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founder of I4U LLC and is a news junkie. He is posting hot trending stories across the broad range of Balla Network sites. Tip Luigi with your hot trending news and memes here.

 

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