Tech: The amount of money The Rock gets paid for a single movie is unheard of in today’s movie business

  • Dwayne Johnson commands a payday that Hollywood hasn’t seen in a long time.
  • For the upcoming movie, “Red Notice,” Johnson is asking $22 million plus box-office profits.
  • That steep figure hasn’t been seen in the business since Will Smith, George Clooney, and Julia Roberts’ heyday in the late 1990s.

With a string of box-office hits under his belt, Dwayne “The Rock” Johnson is one of the biggest action stars working today — and it turns out he’s commanding a paycheck that’s on a level Hollywood hasn’t seen in years.

Whether it’s being matched with his “family” in the “Fast and Furious” franchise, teaming with Kevin Hart, or going it alone, Johnson is box-office gold — and because of that, he now commands over $20 million a movie.

According to a term sheet of Johnson’s that mirrored the final deal for the upcoming Universal movie “Red Notice” that The Wall Street Journal obtained, Johnson would earn $22 million to star in the movie, plus earn profits pending the movie’s performance at the box office.

The $22 million for Johnson is broken down to $21 million base pay and $1 million for Johnson’s “social media support” towards the movie, according to the Journal.

In regards to any profits on the movie, the producers — Johnson is one of them — and director Rawson Marshall Thurber (“Central Intelligence” and upcoming Johnson movie “Skyscraper”) will receive 50%. That 50% will be split up, with Johnson receiving 30%, Thurber receiving 10%, and the other producers on

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Here’s How Berkshire Hathaway Makes Its Money

In this Industry Focus: Financials clip, host Michael Douglass and Motley Fool contributor Matt Frankel discuss how Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) makes its money through its three main business functions: insurance, subsidiaries, and its closely watched stock portfolio.

A full transcript follows the video.

This video was recorded on Feb. 26, 2018.

Michael Douglass: Folks, a little background before we get too far into the episode, Warren Buffett is the chairman and CEO of Berkshire Hathaway, which is, at its core, an insurance company. Insurance companies make their money in essentially two ways. The first is by making what’s called an underwriting profit. This is, when you pay your premiums, the insurer ends out paying up some percentage, or perhaps all, and in some cases even more than all, of those premiums out in claims. Especially when a big natural disaster happens, that’s the case. So, insurers make their money, hopefully, from their perspective, at least, by paying out less than they’re taking in in premiums. That’s what’s called an underwriting profit.

And the second way that they make money is by investing that float. That is the money that you’ve paid in in premiums that they haven’t yet paid out. They’re usually able to invest that in some way, shape or form, usually short-term bonds. That’s another way they’re able to leverage their money and make a few bucks here and there, which, particularly if they’re not making an underwriting profit, can make the bridge to them surviving

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The amount of money The Rock gets paid for a single movie is unheard of in today’s movie business

Dwayne Johnson.

Jeff Spicer/Getty

  • Dwayne Johnson commands a payday that Hollywood hasn’t seen in a long time.
  • For the upcoming movie, “Red Notice,” Johnson is asking $22 million plus box-office profits.
  • That steep figure hasn’t been seen in the business since Will Smith, George Clooney, and Julia Roberts’ heyday in the late 1990s.

With a string of box-office hits under his belt, Dwayne “The Rock” Johnson is one of the biggest action stars working today — and it turns out he’s commanding a paycheck that’s on a level Hollywood hasn’t seen in years.

Whether it’s being matched with his “family” in the “Fast and Furious” franchise, teaming with Kevin Hart, or going it alone, Johnson is box-office gold — and because of that, he now commands over $20 million a movie.

According to a term sheet of Johnson’s that mirrored the final deal for the upcoming Universal movie “Red Notice” that The Wall Street Journal obtained, Johnson would

Article source: http://world.einnews.com/article/436099299/IVXKyVx_lLGL3GP6?ref=rss&ecode=dYZEnKEuqPQMTccj

Philip Hammond to snub ministers’ demands for more money for NHS and defence as he makes Spring Statement

Philip Hammond will snub ministers’ demands for more money for the NHS, defence and other departments when he makes his Spring Statement next week despite forecasts of a £7.5billion windfall for the Treasury.

The Office for Budget Responsibility will publish figures on Tuesday which are expected to revise down previous estimates for borrowing, prompting calls for the Chancellor to loosen the purse strings.

But his response to the figures will make clear that the extra money, which has come from higher than expected tax receipts, is needed to reduce the deficit and the national debt.

Mr Hammond has abandoned the tradition of twice-yearly budgets in favour of a single budget in the autumn and a…

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Troubled Coronation Street star Michael Le Vell’s money troubles ‘began after marriage break-up’

Coronation Street star Michael Le Vell let his finances spiral out of control after his divorce, pals claim.

The Mirror this week revealed the actor was declared bankrupt despite earning £250,000 a year as Kevin Webster on the ITV1 soap.

Wife Janette Beverley looked after the money in their 25-year marriage but Le Vell failed to keep on top of tax after their 2011 split.

A friend said: “She controlled the purse strings so kept him in line. Now he’s on his own it has all spiralled out of control.”

Janette is said to have controlled the couple’s finances when they were together
(Image: WENN)

HMRC was the petitioner in High Court bankruptcy proceedings over what friends said was “a six-figure sum”.

Le Vell, 53, spent £200,000 in legal fees in a trial over child abuse claims in 2013. He was cleared but earned too much to be entitled to get his fees back from the public purse.

It laid bare his private life as he admitted being an alcoholic who cheated on actress Janette, 52, whom he met on Corrie.

Janette as a nurse in TV’s Childrens Ward in 1991
(Image: Granada Television)

Le

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Are South Island freedon campers unfairly costing ratepayers money? ‘Complex little matrix’ of issues to be cracked by working group

“If we can develop more consistency around the country, if we can have consistent signage so wherever people go they get to know what the signs mean, that would be really helpful,” he said.

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Sydney removalist held furniture until his victims paid him money

  • A removalist allegedly removed furniture and goods but didn’t deliver them 
  • He allegedly collected more than $45,000 worth of furniture in Sydney  
  • He was arrested Wednesday and refused bail at a Penrith Court on Thursday
  • His defence lawyer said he strongly denied the charges against him  

Monica O’shea For Daily Mail Australia

A Sydney removalist failed to deliver furniture to at least three address in New South Wales as he accumulated $45,000 worth of goods and allegedly blackmailed residents a court has heard. 

Dione Trevor Blisset, 40, faced the Penrith Local Court on Thursday after his arrest on Wednesday when residents at three addresses complained, the Daily Telegraph reported. 

He

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6 high-end kitchen gadgets that are worth your money and counter space

Whether you’re cooking in an oven or on a grill, there’s nothing more frustrating than wondering whether meat is done. You could cut into it, but then you risk wasting juices, leaving the meat dry. If you’re like me, you could try poking it with your finger, attempting to remember what medium rare feels like.

Or, you could stick a meat thermometer in, and actually know when what you’re cooking is ready. Tools like this aren’t new, but Inkbird’s can connect to your phone via bluetooth, and relay temperature information to you through an app.

Instead of watching meat cook from on top of a grill, or through the window on your oven, you can just relax and leave in one of the six probes from this thermometer. Wait for the beep from your app to let you know when your meat has reached the proper internal temperature.

Inkbird Digital Wireless Bluetooth Cooking Meat Thermometer, $55.99, available at Amazon

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EastEnders: Sharon’s missing money secret is out

EastEnders‘ Phil Mitchell finally rumbled Sharon’s missing money secret tonight (March 8) – and it’s fair to say he’s not happy.

Sharon (Letitia Dean) unwittingly spilled the beans after getting her wires crossed during a conversation with Phil – who has been on a one-man mission to find out the truth.

Viewers know that Sharon was the person responsible for nabbing the large sum of money from Aidan Maguire’s heist scam, but has so far only revealed the truth to Mel Owen.

With Phil determined to solve the mystery, Thursday’s scenes saw him become increasingly suspicious of Mel after overhearing a conversation between her and the driver involved in the robbery.

Jay Brown confronts Phil and Sharon Mitchell in EastEnders

With Mel refusing to give up what she knew, Phil believed he was one step closer to the truth when Robert the driver implied that Ciara now had the money back.

Thinking that he was finally piecing the clues together, Phil left a voice message for Sharon – explaining that he’d been doing some digging and they needed to talk.

Convinced that her husband had already sussed her out, an anxious Sharon returned home and admitted to taking the money – unaware that Phil didn’t actually know the truth at all.

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The states where women earn the most money — and the least

The WalletHub study determined the best and worst states for working females.
Strelka Institute/Flickr/Attribution License

  • Female professionals in Washington, D.C have the highest median earnings.
  • However Minnesota rated better overall for the the “economic and social well-being” of working females.
  • The study found that women working in the states of Hawaii, Oregon, California, Maine or Montana have the lowest earning power.

For working women, Washington, D.C., may offer the most bang for the buck.

Female workers in the nation’s capital have the highest median earnings — adjusted for cost of living — compared to those in any of the 50 states, according to a new WalletHub study that measured the best and worst states for working women.

Women working in Minnesota, Delaware, Virginia and Illinois also came in the top five for highest median earnings, according to the study. Those in Hawaii, Oregon, California, Maine and Montana had the lowest earning power.

The findings from WalletHub on earnings are fairly similar to a different set of figures found by MONEY that measured household income — not separated by gender — in each state. Washington, D.C., Minnesota, Virginia and Delaware were among the states with the highest pay, while Maine and Montana were among those with the lowest pay. D.C. had one of the highest median household incomes, with $75,628.

According to the WalletHub study, Minnesota is the best state for women to work, ranking first for

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