How the economy’s affecting Hollywood

Will Smith laughing at the economy

Apparently, average Joes aren’t the only one’s being affected by the economy. The usual over-paid actor in Hollywood is getting offers that are a bit more acceptable. Minyanville is reporting that Disney’s trying not to go overboard when it comes to compensating Nicholas Cage for his services in the next installment of National Treasure. Even screenwriters that used to be offered $500,000 are now getting offers that in the $300K ballpark. 

But the article also points out that individuals such as Will Smith and Johnny Depp aren’t seeing reductions in their compensation packages (for obvious reasons). So what is to become of Hollywood? Will it take a new business model that gives less attention to big time actors or will it look for the quality writing and directing? What do you guys think?

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