Examine why superstars get paid so much and the effects on the industry involved.

The film industry today is priceless in equipment incident of film production costs and salaries. The production of Supermans Return has just set apart beating the world record for the most expensive force ever to be made, with a production cost of $250 million. just wherefore do film companies like Columbia Pictures localize so much currency in one picture show and pay enormous salaries to film heads? What effect does this endure on the film industry? Is it just because Johnny Depp is making an mental strain? To answer this, we have do look at several(prenominal) factors and theories, and assume the correlation between demand and supply inside the market. This should jockstrap us see and understand the theories behind why film-stars ready paying so much and the effects it has on the industry. These factors support help explain why film-stars get paid so much. How much they can earn depends on where the money is attack from and essentially, who they are. If they are a big nice star then they can demand a borderline gross Product (MRP). This is because by beingness involved in the film, they are bringing extra value to it due to their suffer status. plurality often go to the flick, just to see their preferent stars.

Many heap went to see Barbed-wire just because Pamela Anderson made her intro on the cinema screens for instance. An MRP is a set figure that the film-star can demand no matter how successful or stillborn the movie becomes. Julia Roberts is being paid $12 million for a film that does not even have a title of respect save (Sean French, 1995).This is just because she is unique. According to Tom Long (2002) We have to pass what they mean in terms of viewer-ship ! and the company as a whole. These superstars get their... If you want to get a spacious essay, order it on our website: OrderEssay.net

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