Friday , September 24 2021

Gerard Butler demands $ 10 million in profits from the film ‘Olympus Has Fallen’



Gerard Butler filed a lawsuit Friday alleging he owed at least $ 10 million in compensation for the 2013 action film “Olympus Has Fallen.”

Butler sued Nu Image / Millennium Films, alleging that the producer had underestimated domestic and foreign revenue by tens of millions of dollars and had failed to report $ 8 million going to its own executives.

The lawsuit comes a day after Scarlett Johansson filed a box office compensation lawsuit against Walt Disney Co., claiming that the entertainment giant deprived her of the “Black Widow” box office’s countless revenue by offering the box office. from Marvel to its broadcast service.

Butler’s suit is a more traditional case of “Hollywood accounting”. Butler played Mike Banning, a secret service agent who must rescue the kidnapped president.

The film grossed $ 170 million worldwide and spawned two successful sequels, “London Has Fallen” and “Angel Has Fallen,” in which Butler reprized the role.

“Producers have earned tens of millions of dollars with ‘Olympus,’ but they refuse to pay Butler a penny of the revenue and profits promised to him in the parties’ agreement,” the lawsuit states. “Butler refuses to tolerate misrepresentations and other unfair conduct from defendants. Butler worked with defendants to create a highly successful franchise. He demands his fair share.”

According to the lawsuit, Butler’s contract entitled him to 10 percent of net profits, plus 6 percent of gross domestic gross income above $ 70 million and 12 percent of gross foreign-adjusted gross income. about $ 35 million. Its producer was also entitled to 5% of net profits and Butler had to receive certain bonuses to reach the box office thresholds.

The lawsuit alleges that Butler received irregular accounting statements from the producer and that Butler objected to those statements. According to the lawsuit, Butler hired an auditor who found that domestic receipts were less than $ 17.5 million, and producers’ receipts were underestimated by $ 12 million, including the $ 8 million that went to executives.

The lawsuit also claims that producers deducted the total cost of foreign advertising from foreign receipts, even though foreign distributors charged half the cost. The lawsuit also claims that Nu Image / Millennium has instructed distributors to deduct certain expenses, so that revenue would not be declared.

Efforts to reach Nu Image / Millennium on Saturday failed.


Source link