Hollywood stars can now strike huge deals with Netflix that rival those from traditional movie studios.
Ryan Reynolds is getting paid $27 million for his upcoming Michael Bay movie, “Six Underground,” as well as $20 million for the action movie, “Red Notice,” which Netflix bought this week.
Adam Sandler struck gold with a four-film, $250 million deal in 2014.
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Actors don’t get paid like they used to, and the days of them making $100 million for a single role — like Will Smith did on “Men in Black 3” — are over.
But as traditional movie-star salaries have declined over time, Netflix salaries are on the rise. More and more Hollywood heavy hitters, from Smith to “Bird Box” star Sandra Bullock, are turning to Netflix because they can get paid just as much as, if not more than, they would for a Hollywood studio movie.
READ MORE: What Netflix buying The Rock’s $130 million heist movie, ‘Red Notice,’ says about its evolving movie strategy
Netflix picked up the rights to the action movie “Red Notice” from Universal this week. Stars Ryan Reynolds and Gal Gadot are expected to earn $20 million for the …read more
Source:: Businessinsider – Tech