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France 2014 In Review: Cannes Controversy, Netflix Launches - Yahoo News

For less than $4.9 million (&euro4 million), thats 15 percent, 8 percent up to $8.5 million (&euro7 million), 5 percent up to $ million (&euro10 million). Fixed salaries are capped on films over $12.3 million (&euro10 million), with $1.2 million (&euro990,000) being the max, although variable deals based on a films financial success are not ruled out. The move was generally well-received by the industry as a move to limit losses for producers in an industry that is being ravaged by piracy. Productions who want writers, actors and directors that demand top dollar will have to find the funds elsewhere. The new caps will go into effect in January. Cannes' Controversial Kidman Premiere The Cannes red carpet united states saw one of its most controversial premieres in years, with the opening-night film Grace of Monaco infuriating the royal family of Monaco and pitting director Olivier Dahan and U.S. distributor Harvey Weinstein against each other. Star Nicole Kidman was caught in the crossfire, and her portrayal of the Hollywood-star-turned-princess was widely panned. Kidman brought the glamor in an Armani gown, but the royal family, whose members regularly attend the film festival, skipped the premiere and condemned the film that depicted Grace check this out Kelly and Prince Rainier as struggling personally and politically.
More: http://news.yahoo.com/france-2014-review-cannes-controversy-netflix-launches-130001574.html

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