Brad Pitt on a budget?
Published 12 September 2012 by Lucy Bower
Brad Pitt has an enviable bank balance, but he claims that even Hollywood isn't immune to the global economic crisis.
It seems that even the Never-Never Land of Tinsel Town, Hollywood is feeling the effects of the global financial crisis, if comments made by the mega-famous Brad Pitt are to be believed.
According to Mr Pitt, the days of multi-million dollar paycheques for film stars are behind us. These days, actors often negotiate smaller upfront fees for a share in a film's profits and studios are reluctant to pay such huge sums anymore, according to the BBC.
When asked by the BBC if film stars could still demand upwards of $10 million (£6.2 million) per film, he commented: "That arithmetic doesn't really work right now... that deal's not flying these days."
He went on to say: "It's a really interesting time. 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 kinds of things."
'Tent pole' films apparently make the biggest profits, which are used to fund other film projects.
Brad Pitt is one of the best-paid actors in Hollywood. He is reported to have earned $25 million (£16 million) last year and was featured in the Forbes 2012 rich list of actors.
But even with such a healthy bank balance, he commented: "you've just got to balance economics like everyone does."
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