Netflix pays $ 55 million for Leonardo DiCaprio, Jennifer Lawrence Team-Up: Report

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Netflix reportedly paid $ 55 million (roughly Rs 409 billion) for the combined talents of Leonardo DiCaprio and Jennifer Lawrence for its upcoming black sci-fi comedy Don’t Look Up, by The Big Shorts Oscar-winning writer and director Adam McKay. That includes a salary of $ 30 million (about Rs.223 million) for DiCaprio and $ 25 million (about Rs.186 million) for Lawrence, up from the usual $ 20 million (about Rs.149 million) they get usually get. That’s probably because, unlike movies that are released in theaters, Netflix doesn’t offer bonuses based on (box office) performance – known as the backend – and therefore has to pay more upfront to get Hollywood’s biggest stars.

DiCaprio and Lawrence lead the Don’t Look Up ensemble, which also includes Jonah Hill, Mark Rylance, Tyler Perry, Ron Perlman, Timothée Chalamet, Ariana Grande, Cate Blanchett, Meryl Streep, Himesh Patel, Matthew Perry and. belong to Chris Evans. When Don’t Look Up first got together in February last year, the budget for the Netflix movie was reportedly around $ 75 million (roughly Rs 558 billion).

Diversity stands behind DiCaprio and Lawrence’s salary stats, as part of a report on the highest salaries of Hollywood stars. Surprisingly, these are not the highest individual amounts. Both Will Smith and Denzel Washington received $ 40 million (approximately Rs 297 billion) for their respective HBO Max films, King Richard and The Little Things, to offset the drop in box office receipts due to the daily releases. Dwayne Johnson receives $ 30 million upfront for the global action-adventure comedy Red One from Amazon Prime Video, but that could climb to $ 50 million (approximately Rs 371 billion) once the backend payments are completed, adds Variety.

Meanwhile, Daniel Craig is guaranteed similar sums for his participation in two Knives Out sequels, with a combined payday of over $ 100 million (roughly Rs 743 billion), the report said. Again, this is courtesy of Netflix, which reportedly paid $ 450 million (roughly Rs 3,345 billion) to acquire Knives Out 2 and Knives Out 3 back in April, with the guarantee that Craig would star in both chapters would. That puts the James Bond star at the top of the pile, who also made $ 25 million for his final appearance as 007 in the upcoming, much-delayed No Time To Die, which is currently set to hit the UK in late September and early October is planned in India and the USA.

Don’t Look Up, directed by DiCaprio and Lawrence, will also appear on Netflix later in 2021.

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