© AP/ Brad Pitt
Brad Pitt: Hollywood salaries are shrinking
Sept. 11, 2012, 11:30 AM EST
WENN
Brad Pitt believes Hollywood actors will no longer be able to command
multi-million dollar salaries in the future because movie studios have been hit
hard by the tough economic climate.
The actor reveals the film industry's top stars, who used to be able to
demand upwards of $10 million per picture, have been taking pay cuts because
movie producers aren't able to hand over such large salaries any more. He tells
BBC Newsbeat, "That thing died. That arithmetic doesn't really work right now
... that deal's not flying these days ... 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 (blockbusters) kinds of things."
However, Pitt believes the change is good for the movie industry, as it will
allow more emerging talent to shine through. He adds, "That opens up a vacuum
for really interesting new filmmakers to come in, it's a really interesting time
... You take the roles for the roles and you've just got to balance economics
like everyone does." Tom Cruise was recently named by Forbes magazine as
Hollywood's best-paid actor, with estimated 2011-2012 earnings of $75
million.
