'Transformers: Revenge of the Fallen' could net one of the richest paydays ever for a director
source: http://latimesblogs.latimes.com/entertainmentnewsbuzz/2009/06/transformers-sequel-likely-to-...
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- vistapoint
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this might be why he was willing to do that M&M thing...
"Director Michael Bay agreed to forgo his normal percentage of ticket sales and a portion of his upfront fee in exchange for an even bigger piece of total profits from all revenue sources after Paramount recoups its costs. This kind of deal is increasingly common in Hollywood as studios attempt to avoid situations where they lose money on a film or eke out a tiny profit while big-name talent walks away with tens of millions of dollars, as happened with Paramount's "Mission Impossible III" and star Tom Cruise.
Bay cut a similar deal on the first "Transformers" movie in 2007 and walked off with about $75 million after the sci-fi event film grossed $708 million worldwide and became one of the year’s top DVD sellers."
"Director Michael Bay agreed to forgo his normal percentage of ticket sales and a portion of his upfront fee in exchange for an even bigger piece of total profits from all revenue sources after Paramount recoups its costs. This kind of deal is increasingly common in Hollywood as studios attempt to avoid situations where they lose money on a film or eke out a tiny profit while big-name talent walks away with tens of millions of dollars, as happened with Paramount's "Mission Impossible III" and star Tom Cruise.
Bay cut a similar deal on the first "Transformers" movie in 2007 and walked off with about $75 million after the sci-fi event film grossed $708 million worldwide and became one of the year’s top DVD sellers."
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vistapoint
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the signature M&M
- 3 years ago
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vistapoint
