BMO Capital Markets chief strategist Brian Belski discusses biotech stocks, invests in coronavirus markets and says he expects a good revenue from Netflix amid the streaming wars and lockdown.
Dwayne “The Rock” Johnson tops the list of highest paid actors for the second year in a row, thanks in large part to Netflix’s revenue.
The celebrity, whose recent blockbuster hits include “Jumanji” and “Hobbs & Shaw,” tops Forbes’ list of top Hollywood earners with a reported profit of $ 87.5 million by 2020. However, it is worth noting that the star does not just listen in the estimated total of action. His popular Under Armor line, Project Rock, was also captured.
In addition, the actor, like many on the top 10 list, received a major boost due to Netflix revenue. The streaming giant reportedly made $ 23.5 million from the bodybuilding star’s turnover for his role as an art-thief-pursuing Interpol agent in the upcoming Netflix movie “Red Notice.”
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Netlfix and other streamers influence how Hollywood stars earn their money. (Netflix)
Netflix’s presence is high on the list, offering a lot of money to stars such as Adam Sandler and Ryan Reynolds, the latter of whom reportedly earned $ 20 million per piece for appearing in films for the company such as “Red Notice” and ” Six Underground, “he earned second place just below Johnson.
Sandler, meanwhile, has not exactly been a box office since the late 1990s, but managed to secure ninth place on the list through his $ 240 million deal with Netflix, which he signed in 2014. The company’s revenue generated $ 31 million of its revenue, 75% of its total for 2020.
Unfortunately for people trying to figure out how to get the same star treatment from Netflix, it tends to keep its metrics for determining what new subscribers bring in and keep old ones a closely guarded secret.
Dwayne Johnson tops Forbes list of highest paid actors in 2020. (Steve Dietl / NBC)
A new addition to the list in 2020 is ‘Hamilton’ creator Lin Manuel-Miranda, who is the no. Took 7th place on the list with an estimated $ 45.5 million, largely thanks to Disney acquiring the rights to the smash-hit musical for $ 75 million earlier this year. The show aired on Disney +, further showing how streamers are influencing Hollywood at a time when the coronavirus has challenged the regular business model of theatrical releases in question. His next musical venture will be the film adaptation of his previous theatrical work, “In the Heights.”
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Other stars on the list include Mark Wahlberg, Ben Affleck and Vin Diesel, who fill in the third, fourth and fifth. Deadline notes that Akshay Kumar dropped two spots, while Will Smith and Jackie Chan also returned to the list.
