Re: Re: Why do some celebrities think they need so much money?
nbcrusader said:
Back to the original topic:
Hollywood economics are not much different than our own, only they deal with larger sums of money and things we would term "ego" are considered "reputation".
If you think about it, celebrities keep getting these inflated paychecks because the public keeps paying into the system.
Well, I know that celebrities inflated pay checks leave you feeling pretty sick, but what nbcrusader is touching on here is true. You, me, everyone throws money at the industry they work in, and they are the reason you throw money at it, so why not?
Take Michael Jordan. How much money do you think Nike made off Jordans endorsement? Not just on the Air Jordan line, but across the whole brand? Billions. His face, achievements and reputation sold several billion shoes, t-shirts etc etc and made an absolute fortune for Nike and it's founders and shareholders. Does Michael Jordan not deserve a cut of that?
When a lot of people go to see a film, do you think it's the story line, or talent? Take Tom Cruise out, replace him with a guy straight out of acting school, maybe a far better actor (probably not difficult using the Cruise example) and do you think the film will make $200million for Universal Pictures or whoever? Of course not. Tom Cruise makes them a fortune - does he deserve a cut?
I think they most certainly have the right to have access to the money. IF it's earned. The problem as I see it is that now there's a generation who don't want to earn it, or don't see that they have to earn it, but think it's a right. Not so much in entertainment where doing the poor struggling actor/band thing, building yourself up, is kind of a right of passage, but in sports for sure. What some athletes demand in their contracts is ridiculous considering what they are doing in return. But if your name or face or career is making someone else a billionare, sure, you have a right to a cut of that. If you want to change that fact of life, then stop buying Tom Cruise films and Michael Jordan shoes....