Daniel Craig gets new 007 deal

yochan · Post by **yochan** » Wed Jul 11, 2007 5:39 am

I found this article on MI6.

A resurgent MGM may take James Bond back from Sony, Daniel Craig gets new 007 deal

According to an article in trade paper the Hollywood Reporter, Sony, which released 2006's "Casino Royale" to roughly $167 million at the boxoffice, would love the rights to the James Bond franchise, though MGM is unlikely ever to let them go. As it stands, Sony has the right to distribute the upcoming Bond film theatrically, with MGM set to handle the film's release on cable and home entertainment.

"On the next Bond film, Sony is a 50-50 financier with MGM," says one source familiar with the arrangement. "But, according to their deal, in five years, MGM can buy Sony's 50% back. That was true on 'Casino Royale,' too: They can buy Sony's half back in five years, and there's plenty of TV and DVD money in those movies."

Indeed, MGM holds the rights to all future outings, and the resurrected studio is equally determined to make the most of Bond. Executives recently renegotiated the company's deal with star Daniel Craig to continue as 007, significantly upping his salary though declining to give him a share of back-end.

I am glad that Daniel can get more salary.

Anesidora · Post by **Anesidora** » Wed Jul 11, 2007 6:54 am

Yochan thanks for posting.

Sorry if my question is obvious but I am not a native speaker and do not know what back-end means? I looked up the word in the dictionary and not sure about the meaning in this context. I would say that back-office would be other incomes different to the box office and salary (DVD sales, toys, video games ...), but not sure about this. Could anyone please clarify?

Anglophile · Post by **Anglophile** » Wed Jul 11, 2007 7:01 am

Maybe some kind of profit participation? Just a guess, I couldn't find it in the dictionaries either.

agrippina · Post by **agrippina** » Wed Jul 11, 2007 7:02 am

I interpreted "back-end" as meaning all the money that come from the movie(s) after all the costs has been taken out?

Agrippina

Anesidora · Post by **Anesidora** » Wed Jul 11, 2007 7:12 am

I thought that when I read the article but when I looked up the word in the dictionary I moved to think just the other ... so now I am confused

007cheese · Post by **007cheese** » Wed Jul 11, 2007 8:00 am

I am reasonably certain it is a share of the movie profits after release, so that the amount given is based upon the success of the movie, allowing less loss of funds if a movie flops. However, I think it would be just a part of the salary, something like: 2 million for making the movie, and 1% of the profits. Which, 1% being 3 mil for CR, isn't half bad.

yochan · Post by **yochan** » Wed Jul 11, 2007 1:51 pm

According to Wikipedia:
In television and movie production, the "back-end" can refer to an agreement by which a performer or producer is paid (at least in part) based on profit sharing instead of upfront payments. These profits are usually realized well after the main part of the production has ended.
I thought like this: Daniel can get the whole contract money at least and if the films succeed and gain much enough, he can also get more salary.

Laredo · Post by **Laredo** » Wed Jul 11, 2007 2:20 pm

A lot of big actors get points in their movies where if it makes a certain amount over what it cost to make they get a percentage of the profits . I think either way he gets basic up front salary . Points would be more than the bonas he got for CR .

I was watching a special on TCM Spielberg on Spielburg and he was saying how his pal Lucas thought Close Encounters of a Third Kind was going to be bigger than Star Wars and they traded 2 points on their films and Spielburg is still making money on Star Wars to this day . It is hard for some actors to get points . I think you have to have a proven box office of more than one big hit . I wonder if the kid in the Harry Potter movies gets points ...

Jessica · Post by **Jessica** » Wed Jul 11, 2007 10:48 pm

i hope daniel fights to keep the "back-end deal"

jack nicholson is a legend for his "back end " of batman

mark hamill, carrie fisher and harrison ford each have one points for star wars

i'll try to find more information on jack nicholson

john travolta and the saturday night fever soundtrack deal

Anesidora · Post by **Anesidora** » Thu Jul 12, 2007 6:29 am

Thanks all for the clarification

I find quite unfair that DC may not get a back-end with next Bond films. He is the soul of the film and the main reason of CR success. If I were his agent I wouldn't give up fighting for some point of back-end.

On the other hand I think I read somewhere that he did get a back-end for CR. But I am probably mixing things.

Laredo · Post by **Laredo** » Thu Jul 12, 2007 1:21 pm

He got a one time bonas for CR . Points means he gets money off it forever . Every time its on tv . I think I read that the USA network paid 20 million to play CR in 2009 and I think Spike tv got the rights after that . Getting a part of the franchise is a big deal .

Anesidora · Post by **Anesidora** » Thu Jul 12, 2007 2:25 pm

laredo wrote:He got a one time bonas for CR . Points means he gets money off it forever . Every time its on tv . I think I read that the USA network paid 20 million to play CR in 2009 and I think Spike tv got the rights after that . Getting a part of the franchise is a big deal .

Yes! it is a big deal! ... but our DC deserves this ...I read a little bit about this, and it seems that the studios are trying to put under control the back-end points for actors because there have gone a bit wild, and that is probably the reason that DC could not get a back-end deal. (I read this: "Most big stars get "back end" deals that entitle them to as much as 30% of gross earnings, before the studio takes its profit. In this way Tom Cruise received $100+ million for War of the Worlds"

.)

Laredo · Post by **Laredo** » Thu Jul 12, 2007 2:54 pm

I agree he deserves this but I don't believe he has enough clout yet to get it . Cruise had made successful films for 15 years when he got that deal . Bond films have always made money no matter who was in them , even if it was just to see who was in them . After the first Roger Moore one I stopped going . DC still has to prove himself to the studios and to the Bond fans to some point . ( not us fans )

Anesidora · Post by **Anesidora** » Fri Jul 13, 2007 11:58 am

You are sadly right

Anglophile · Post by **Anglophile** » Sun Jul 22, 2007 10:27 pm

Whoa!

CRAIG HIGHEST-PAID BRITISH ACTOR

JAMES BOND star DANIEL CRAIG has become the U.K's highest-paid actor - after signing a multi-million dollar deal with 007 bosses. The actor has committed to appear in a further two movies in the super spy franchise, earning $10 million (GBP5 million) and GBP16 million (GBP8 million) for each one respectively - after his appearance in Casino Royale helped the movie become the biggest-grossing Bond outing ever, taking $600 million (GBP300 million) at the box office. The $26 million (GBP13 million) sum is over twice the amount Craig originally negotiated with Bond production agency Eon, according to British newspaper the Sunday Express.

http://www.contactmusic.com/news.nsf/ar ... or_1038256