When Moviegoers Take Pay Cuts, It's a Recession. When Movie Stars Take Pay Cuts, It's a Depression.

Via Drudge via The Daily Beast comes news that tough time are spreading to La La Land:

Salaries are being slashed now in Hollywood and even bigger stars are not immune. "Why would anybody pay Julia Roberts $20 million to do Duplicity?" says one producer. "That won't happen again." Indeed, this source says Sony Pictures is ponying up $15 million for Roberts to do Eat, Pray, Love and probably already regrets having committed to pay that much.

What the revolution in technology had started, the economy has hurried right along. After years of impotent promises to choke off rich deals with talent, the studios are finally making it happen. They're hammering on star salaries and perks like private jets, too.

More here.

How rough is it getting? The British press is reporting that Jennifer Garner Affleck is reduced to wearing ragged, "credit-crunch" underwear:

It's never a good sign for the world's struggling economy when even a Hollywood star can't buy new underwear.

Spotted picking up her eldest daughter Violet from kindergarten yesterday, it appears the credit crunch had got to Jennifer Garner, after she was spotted showing off a rather holey pair of underwear.

Whole story here. I'm not getting worried reading stories that Mickey Rourke or Scarlett Johannson is only making $400,000 to appear in Iron Man 2. I'll wait until Jennifer Garner is wearing Rustler jeans, Wrangler's down brand.

Where's Hollywood's bailout? Where's my bailout?

Comments

[I cannot lie]

I like Jennifer Garner's butt, whether or not she's mormon.

[Mad Max]

The British press - classy as always!

[phalkor]

I feel as if I have been made less intelligent by reading this post. Thanks a bunch Nick!

[Dello]

She probably doesn't have any non-torn undies left. I know I'd hit it, and rip those right off of her.

[FTG]

They're hammering on star salaries and perks like private jets, too.

Oh, my God! That's the sign the Apocalypse is upon us! Quick, gather the powder and the musket balls! Son, grab the goats, the dogs and the Kentucky rifle, get the women on the wagon and let's flee this joint!

(Disclaimer: I live in California, but I am just about to get back to civilization.)

[the innominate one]

come to me, Jennifer. leave Ben. you don't have to wear torn underwear at my house. you don't have to wear underwear.

[ed]

Jennifer Garner...showing off a rather holey pair of underwear

I feel her pain. I keep mine till they turn to dust.

[Ken Shultz]

I bet she could get a lot for those on eBay.

[Joel]

When she does it it's not poverty, it's a fashion statement.

[JB]

What normal woman would care about wearing decent panties around Ben AssTard? Hell, what normal woman would even want to be around Ben AssTard?

[Porky]

The economy is just an excuse for the studios to pay less money to the people who actually get people into the cinemas.No one went to see the last die hard movie because it was from fox, they went because it was Willis playing his franchise role.

[Lamar]

This has a simple explanation. She was in a rush, and threw on a pair of Ben's undies.

[Nooge]

And Lamar for the LOL.