That's likely because unlike with movies that release in
theatres, Netflix doesn't offer bonuses based on (box office) performance — referred
as to backend — and hence must pay more upfront to get Hollywood's biggest
stars.
DiCaprio and Lawrence lead the ensemble cast of Don't Look
Up that also includes the likes of Jonah Hill, Mark Rylance, Tyler Perry, Ron
Perlman, Timothée Chalamet, Ariana Grande, Cate Blanchett, Meryl Streep, Himesh
Patel, Matthew Perry, and Chris Evans. When Don't Look Up first came together
in February last year, the budget for the Netflix film was reported to be
around $75 million.
Variety is behind the salary figures for DiCaprio and
Lawrence, as part of a report on the biggest salaries earned by Hollywood
stars. Surprisingly, these are not the highest individual amounts.
Both Will Smith and Denzel Washington were handed $40
million paydays for their respective HBO Max movies, King Richard and The
Little Things, to make up for the lowered box office grosses due to
day-and-date releases.
Dwayne Johnson is getting $30 million upfront for Amazon
Prime Video's globe-trotting action-adventure comedy Red One, but that could
balloon to $50 million once backend payments are finalised, Variety adds.
Meanwhile, Daniel Craig is guaranteed similar sums for his
participations in two Knives Out sequels, with a combined payday north of $100 million
the report claims.
This is courtesy of Netflix again which reportedly paid $450
million to acquire Knives Out 2 and Knives Out 3 back in April, with the
guarantee that Craig would star in both chapters.
That puts the James Bond star at the top of the pile, who
also earned $25 million for his final turn as 007 in the upcoming much-delayed
No Time To Die, currently slated for a late September release in the UK and
early October in India and the US.
DiCaprio and Lawrence-led Don't Look Up is also due later in
2021 on Netflix.
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