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star options
buy future 'options' from potential movie stars | |
_____ _____ _____ _____ _____ _____ _____ _____
Contract:
In 2020 you <insert actor's name> will play a lead
role in a movie produced by the owner of this
contract for a non-negotiable fee.
To terminate this contract a payment of $25
million is paid to the
owner of this contract.
_____ _____ _____ _____ _____ _____ _____ _____
Movie producers, agents and acting scouts search high and low for 'the next big thing'. When they find someone with promise, they offer them the above contract for a reasonable upfront payment (e.g. $50,000).
The 'option' to exercise the contract can then be traded and sold between producers/studios.
[link]
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Leading to "junk actors", Enron/Hollywood crashes, and spam in my email like "Xaviergisz, the next Big Thing, buy now before it soars". |
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The realistic version of this exist - that is, stars bought "cheaply" by studios, put under contract, with money paid in case of breach of contract; as well as trade between studios. (Although that's become rarer.) |
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So, this seems like a mix between just plain reality and a reductio at absurdum that doesn't happen because it would be stupid. |
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I guess this allows actors to be 'free-range' for a large part of their career, thus not being tied into a single studio. Thus you are speculating on the 'star-potential' of an actor, and play virtually no part in getting them there (as is the case with a normal studio contract). |
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