Celebrity Business Analyst Reveals Money Trends in Television
Following the September 24th Hollywood.com article, titled “Is the Cast of ‘Big Bang Theory’ Getting Greedy,” Celebrity Business Analyst revealed money trends in television regarding the pay of show stars and how production companies should respond to demands.
Los Angeles, CA (PRWEB) September 28, 2013
Hollywood.com, an entertainment website, released an article on September 24th, titled “Is the Cast of ‘Big Bang Theory’ Getting Greedy”. Following this article, Celebrity Business Analyst analyzed television show’s star incomes, identifying the trend visible in many popular television shows regarding the Hollywood stars’ income levels. As television shows continue, whether they grow bigger or smaller, many stars begin to demand greater payouts, including greater creative work in the development of the show.
Michael Griffin revealed in his Hollywood.com article, that the stars of TV’s “Big Bang Theory” are all holding out their contracts for higher per-episode payouts. Though the top three stars, Johnny Galecki, Kaley Cuoco, and Jim Parsons, already make $325,000 per episode, reports have surfaced suggesting that the stars are seeking as much as $1 million per episode. The stars are reported to be ruminating on income boosts before signing contracts tying them to the show’s 8th season. Griffin is also quick to point out at the show, 3rd most watched show last year, owes the stars responsible for its popularity a decent payout—even if that means $1 million per episode for each of the three stars.
Celebrity Business Analyst, upon learning of the show’s star power and desired income hike, was quick to note that the situation is not a new one: numerous stars have banded together in the past to negotiate higher-paying contracts after their shows have gained a wide following. “Friends” comes to mind immediately; the show’s six stars banded together to demand $1 million per episode during the show’s final season, resulting in a $22 million payout per star at the show’s close. “Frasier”, another series started in the mid-90s, was also responsible for high salaries, paying the titular star an estimated $1.6 million per episode.
Celebrity Business Analyst believes that Networks should go ahead and pay the actors what they deserve for these 3 reasons:
1. The actors are the people the audience loves. Keep the actors happy so that they don’t leave. A little less money in the production company’s pocket means the actors stay.
2. If a beloved actor leaves, so may the audience.
3. If the audience leaves, say goodbye to the show and any money the production company was making.
As star quality rises, and televisions shows grow in popularity, networks are often at the mercy of the shows’ stars, resulting in large pay outs for cast members with a pay raise in mind.
Michael Griffin is a regular contributor to Hollywood.com, composing articles focused on televisions shows and stars, ranging in topic from salary discussions to evaluations of TV shows’ success.
Celebrity Business Analyst revealed trends in TV shows and their stars’ incomes following the Hollywood.com article identifying “The Big Bang Theory” as another show with an extremely high-paid cast. Celebrity Business Analyst revealed the common nature of such business deals, highlighting the income hikes paid to the stars of both “Friends” and “Frasier”, as television networks are typically heavily dependent upon the stars to carry the shows and create a profit. To catch more of “Big Bang Theory”, as well as reruns of “Friends” and “Frasier”, check out GoDish.com for information on watching dish tv anywhere with TV Everywhere.
CelebrityBusinessAnalyst.com is a website devoted to offering news articles regarding the financial aspects of the entertainment industry.
For the original version on PRWeb visit: http://www.prweb.com/releases/money-trend-with-tv/actors/prweb11174381.htm