Tuesday, January 17, 2023

BRIEF

 Pop quiz: Who paid the first $1 million to an actor for one film? Was it in the year of? I'll give you a clue: It's an actress. Another hint is that JFK was alive when the film was released. I have not watched the movie, and you most likely have not If you're younger than 50. The jeopardy theme music is now playing. Elizabeth Taylor was the first actor to earn $1 million from a single film. Liz made this record for the 1963 film "Cleopatra." FYI, $1,000,000 in 1963 was equivalent to $7.7 millions today. The film's budget was originally $2 million also included $1 million. Because Cleopatra's production went downhill We say "projected". The producers paid $5 million over six months ($40,000,000 today) and discovered that they did not have any footage. They had to start again. After inflation adjustment, the movie cost $31 million. Liz's pay increased to $7 million due to budget overruns. The same amount as an actor making $54 million per movie.

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