Who decides how much celebrities get paid?

Question

As they get paid millions for short performances or movies, how does money circulate and who decides?

Answer 1

They decide. From there they are hired or not, they get what they are worth, for the most part.

Answer 2

Here's a bit about celebrity salaries:

Actors: The salary baseline is set by the actor's union, the Screen Actors Guild (SAG). Many production companies that produce mainstream TV and movies will not hire non-SAG actors. Indie, yes, but mainstream, No.

Beyond that, if an actor invests in the services of a good agent and/or lawyer, those individuals can pitch an actor's value to the studios (based on a number of variables, such as previous work, who an actor may be related to, etc.) and negotiate salaries well above the baseline. Example: Some of us may think Paris Hilton is a no-talent hack, but she has an agent and lawyer who negotiate her very high salary based on who she is, and she is a member of the screen actor's guild.

So, who decides? The studio executives, the decide if they think the actor is worth it and that's how it goes.

Many of hollywoods wealthiest actors i.e. Tom Cruise, Vin Diesel, Jennifer Aniston, Jennifer Lopez, set their own salaries by raising money for their own projects (i.e. movies, tv shows) with bank loans, investors, corporate sponsors etc. (ex. last year Tom Cruise got funding his movie projects from the Washington Redskins owner).

Hollywood's most influential money makers like Tom Hanks, Chris Tucker, often negotiate percentages of movie ticket and DVD sales into their salaries to sweeten the pots.

Musicians: They are paid percentages of proceeds from music sales and often have to raise funds for their own tours with loans, investors, corporate sponsors (hence the banners all over the stadiums), with the idea that they'll be able to earn profit off ticket sales. Some true believers even pay out of pocket. Musicians also have agents and lawyers who negotiate fees for public appearances based on fame, status and so on.

Again, record company execs decide percentages based on who the artist is and their perceived potential.

You should watch Entourage on HBO...that show pretty much tells it like it is.

Answer 3

First , less than 5% of actors make enough to live on .
For those that make the big bucks ,
It is negotiated by their agents per each project .

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Answer 4

no idea... but whoever doing it is really stupid.