Word: frankovich
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Dates: during 1970-1970
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...stars' salaries. The studios were emboldened by the success of The Graduate, which, without a big box-office name, has become the third-highsst grosser ($43 million) in history; Dustin Hoffman's pay for that film was $20,000. On the other side of the coin, Mike Frankovich, a former production chief at Columbia, recalls how "Universal failed three times with Shirley MacLaine, yet still gave her $800,000 plus a percentage for Sweet Charity." Sweet Charity went sour, and Shirley has not been swamped with offers. Similarly, Peter Sellers, who has commanded...
With money as tight as it is, stars are increasingly being talked into sharing the risk and, in effect, bankrolling their own pictures. Frankovich persuaded Sidney Poitier to work for nothing "up front" but 10% of the gross in To Sir with Love. Poitier's take is $2,000,000 already and should hit $4,000,000. Natalie Wood, once around the $750,000 level, turned down a similar deal in Bonnie and Clyde, then last year came around on Bob and Carol and Ted and Alice; she won't be sorry...