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EXCLUSIVE: The Worst Talent Deal Ever? |
| Published: August 15, 2007, 9:18 pm |
| Tags: hollywood, agents, studios, movies, actors, directors, writers, managers, comedy, marketing, finance |
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(Refresh for latest): Is Jim Carrey getting his chain yanked? Cuz I have breaking details about the Yes Man deal which the comedian's reps negotiated with Warner Bros, and it's a doozie -- so much so that I almost fell off my office chair when I heard about it. He'll receive NO upfront cash and NO first dollar gross. So Carrey won't get his standard $20M plus 20% (and in some cases $25M -- but that was before he began to crash and burn). Instead, Jim has a cash break deal of at most 36.2% on the back end -- that's right, CASH BREAK, which as everyone knows is just one step up from net profits and often referred to as "real net" as a result. But that 36.2% starts to drop like the Dow Jones average if Yes Man's cost doesn't top out at $70 million and its P&A doesn't max out at $50 mil. If more bucks than that are shelled out, then Carrey has to OK the overages because he'll get a smaller payday. I told you this deal was weird: the actor gets all the headaches of a [ Full article ] |
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