Which Way, L.A.?
Recession Has Studios Driving a Hard Bargain with Stars
For many years, Hollywood studios have been trying to cut back on the superstar compensation that means multiple millions for big names. Now, the recession has provided an opportunity that is transforming the business . Kim Masters is host of KCRW's program The Business . She's also author of The Keys to the Kingdom : The Rise of Michael…
By Warren Olney • • 1 min readFor many years, Hollywood studios have been trying to cut back on the superstar compensation that means multiple millions for big names. Now, the recession has provided an opportunity that is transforming the business. Kim Masters is host of KCRW's program The Business. She's also author of The Keys to the Kingdom: The Rise of Michael Eisner and the Fall of Everybody Else.
