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See How Much Actors Are Paid After Winning An Oscar

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How Much Actors Are Paid After Winning An Oscar | Fab.ng

Winning an Oscar is the biggest dream for many actors! It’s a golden trophy that shows everyone how amazing you are at your job. But what about money? Does winning an Oscar mean actors suddenly get rich? Nope, there’s no cash prize for winning. But even though they don’t get a big paycheck, winning an Oscar can totally change how much actors get paid in the future. Studios see them as much better actors and are willing to pay them more money for their next films.

Winning an Oscar is a big deal for talent agents and production companies because it creates tons of buzz! These awards are like giant spotlights that shine heavily on the winners. All this attention means people start talking – actors become more famous, movies get a second wind of popularity, and everyone involved can benefit.

Think of it this way: talent agents and production companies spend a lot of money on advertising before the Oscars, hoping to win. Why? Because winning means even more free advertising! News outlets report on the winners, fans talk online, and suddenly everyone’s interested in seeing the winning movie or working with the winning actor. This extra attention can easily translate into millions of dollars for everyone involved.

How Much Actors Are Paid After Winning An Oscar?

How Much Actors Are Paid After Winning An Oscar | Fab.ng

Take a look at the Best Picture winners from 2009 to 2014. On average, these award-winning movies cost around $17 million to make. That’s a pretty good deal, considering they earned a whopping $82.5 million on average at the box office. That’s almost five times their production budget.

Breaking it down further, these movies made money even before the Oscar buzz. They earned an average of $35.2 million beforehand. The nominations gave them an extra boost, bringing in another $29.4 million. And finally, winning the Best Picture award itself added another $17.9 million to their pockets. So, it seems like being a Best Picture winner is a recipe for success.

Winning an Oscar can be a game-changer for actors’ wallets. Jo Piazza, who wrote a book about how celebrities make money, says winning an Oscar is like getting a gold star for your acting skills. Talent agents agree—they say an Oscar win means actors can ask for a lot more money for their next movie, sometimes up to 20% more! Why? Winning an Oscar shows everyone how talented the actor is, which makes them even more attractive to movie producers and the people who invest in films.

Who Tends to Benefit Most From the Oscar Awards?

How Much Actors Are Paid After Winning An Oscar | Fab.ng

Winning an Oscar isn’t always a big payday for famous actors. Superstars like Leonardo DiCaprio were already making millions before their Oscar wins. Leonardo DiCaprio earned a massive $25 million for “The Wolf of Wall Street” before his Oscar win for “The Revenant.” For them, the golden statue is more about prestige than money.

However, for up-and-coming actors, an Oscar can be a game-changer. Winning an Oscar can change how much up-and-coming actors get paid for their future roles. A study found their salaries can shoot up by 60% or more! Take Hillary Swank, for example. Before her Oscar for “Boys Don’t Cry,” she made just $3,000. But after winning, she commanded over $1 million per film.

Halle Berry’s story is similar. Before her Oscar for “Monster’s Ball,” she earned an average of $118,750 per role. But after the win, she landed roles worth a whopping $6.5 million each! Even Tom Hanks saw a jump. Before his Oscar for “Philadelphia,” he made $700,000 per movie. But his win boosted his salary to a cool $10 million!

So, while an Oscar might not mean a huge raise for established actors, it can be a ticket to success for those just starting out.

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EVENTS

Will Smith Is Set To Perform At The 2024 BET Awards

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Will Smith is set to perform at the 2024 BET Awards | Fab.ng

Get ready for a hot performance at the BET Awards! Will Smith is joining the lineup this year. The four-time Grammy winner and Oscar-winning actor will be gracing the stage with a brand-new song.

BET announced the exciting news in a press release on June 24th. They’re clearly thrilled to have Will back, with Connie Orlando, an executive at BET, calling him a “global icon” and expressing her honour at having him perform. This is sure to be a highlight of the award show!

She added, “We look forward to Will adding to yet another defining night for the culture that is not to be missed.”

Music is where it all began for Will Smith!

Before becoming a 90s acting icon with “The Fresh Prince of Bel-Air,” Will rose to fame as a rapper. He even rapped the show’s unforgettable theme song! He’s no stranger to dropping new music either.

Just recently, he teamed up with Sean Paul for the song “Light Em Up” for their upcoming film “Bad Boys: Ride or Die.” Fun fact: Will first hit the music scene alongside DJ Jazzy Jeff, who also co-starred in “Fresh Prince” with him.

Will’s upcoming BET Awards performance isn’t his only recent musical venture.

Back in April, he joined forces with J Balvin to light up the stage at Coachella. But Will isn’t the only star bringing the heat to the BET Awards. The show boasts an impressive lineup. This includes Ice Spice, Sexyy Red, Latto, Lauryn Hill & YG Marley, Tyla, GloRilla, Muni Long, Shaboozey, and Victoria Monét.

On the BET Amplified stage, Tanner Adell will give an impressive performance. She will perform alongside Cardi B, Davido, Gunna, the Roots, Common, Queen Latifah, and the Jungle Brothers.

Also, hosting duties return to the talented Taraji P. Henson. The prestigious Lifetime Achievement BET Award will be presented to the GRAMMY-winning global entertainment icon, USHER.

Don’t miss out on all the action! The 2024 BET Awards air LIVE on Sunday, June 30th at 8 pm ET/PT on BET. Indeed, this award show promises to be a night filled with incredible music, unforgettable performances, and well-deserved recognition for some of the biggest names in entertainment.

Get more updates here.

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FOREIGN

Kendrick Lamar Beats Drake; Set New Spotify Record In The US

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Kendrick Lamar Beats Drake; Set New Spotify Record | Fab.ng

The latest release by Kendrick Lamar, ‘Not Like Us‘, has made waves in the music industry by setting a remarkable record on Spotify. This track has secured its place as the most-streamed hip-hop song in a single day in the United States. This marked a significant achievement for Lamar and further fueled the ongoing rivalry between him and Drake.

The beef between Kendrick Lamar and Drake has been a topic of intense speculation and discussion among fans. This latest development adds to their competitive dynamic. Now, ‘Not Like Us’ outperformed Drake’s previous record holder, ‘Girls Want Girls’ featuring Lil Baby, which had held the top spot.

Released on May 5th, 2024, ‘Not Like Us’ quickly gained traction.

It amassed an impressive 6.593 million Spotify streams on its debut day alone. This surge in popularity underscores Lamar’s influence and relevance in the hip-hop genre. It also highlights the interest surrounding his ongoing feud with Drake.

The significance of this record-breaking feat extends beyond mere numbers. It is a symbolic victory in the ongoing battle for dominance between the two rap heavyweights. Some listeners may interpret Lamar’s achievement as a bold statement of superiority, amplifying the tension and rivalry between the artists.

A series of diss tracks and public exchanges have characterised the feud between Kendrick Lamar and Drake. Each of these escalates the conflict to new heights. The origins of their feud can be traced back to Kendrick’s controversial verse on ‘Control’. In the song, he called out several fellow rappers, including Drake, igniting a rivalry that has captivated the hip-hop community.

The feud reached a tipping point when Kendrick delivered a scathing diss directed at Drake while featuring on Metro Booming & Future’s track ‘Like That’. Drake is never one to back down from a challenge. He responded with his own diss tracks, ‘Push Up’ and ‘Taylor Made Freestyle’. Expectedly, this sparked a back-and-forth exchange that has kept fans on the edge of their seats.

Other artists have been drawn into the fray amid this highly publicised feud.

Kendrick Lamar Beats Drake; Set New Spotify Record | Fab.ng

J. Cole

J. Cole initially responded to Kendrick’s provocations on his surprise album ‘Might Delete Later’. He later extended an olive branch by publicly apologising to Kendrick during his 2024 Dreamville concert.

As the feud continues, it has become a focal point of conversation within the hip-hop community. Fans eagerly await each new development and diss track release. Despite the controversy and tension surrounding their rivalry, the ongoing battle between Kendrick Lamar and Drake has solidified their status as two of the most influential figures in contemporary hip-hop.

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FOREIGN

BTS Singer V Ties Bandmates J-Hope, Jimin And Suga With New Hot 100 Hit

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BTS Singer V Ties Bandmates With New Hot 100 Hit | Fab.ng

South Korea’s global superstars, BTS, are currently fulfilling their mandatory military service. But that hasn’t slowed them down. A dedicated fan base continues to propel V, one of the BTS members, to new heights on the American music scene.

While the group is focused on their national duty, this particular member’s solo work resonates with American audiences.

BTS’s influence remains strong, even with all seven members enlisted. This latest achievement proves that their music transcends borders and continues to captivate listeners around the world.

V, a member of the global phenomenon BTS, is making waves as a solo artist. His brand new single, “Fri(end)s,” hit the prestigious Billboard Hot 100 chart at a very impressive No. 65 in its first week.

This marks V’s fourth time landing a song on the Hot 100, and this time, it’s all him. BTS, as a group, has already achieved an incredible record with 27 hits on the chart. But V’s solo success ties him with three of his bandmates for another impressive feat.

With “Fri(end)s,” V joins J-Hope, Jimin, and Suga in the exclusive club of BTS members with four Hot 100 hits to their names.

However, the top soloist title goes to another BTS member. Jung Kook has a whopping six Hot 100 entries under his name. That’s just one slot ahead of K-pop legend Psy, who boasts five hits on the chart.

V’s solo journey on the Hot 100 began in 2022 with the release of “Christmas Tree.” The song gained significant traction during the holiday season, but its official chart debut came in the new year.

This strong debut for “Fri(end)s” is a great sign for V’s solo career. Fans are eagerly awaiting to see how high the song can climb on the chart in the coming weeks.

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