Tom Cruise’s Career Earnings Increased.
One of Hollywood’s last leading men, Cruise has managed to sustain a lengthy career throughout a changing industry.
Now at age 59, the actor has smashed several records. With a domestic gross of $520.8 million and an international gross of $486.1 million, his Top Gun: Maverick has not only become the highest grossing movie of the year, reaching $1 billion on Sunday, June 26, but Cruise’s highest grossing movie ever, dethroning 2018’s Mission: Impossible – Fallout. An even bigger milestone: Cruise has now taken in over $1 billion in all-time earnings from dozens of movies over his nearly four decade career that essentially began in 1983 with his breakout role in Risky Business.
Cruise is often referred to as one of Hollywood’s last true movie stars. That’s due not only to his enduring star power but also largely thanks to the deal he has with Paramount Pictures for Maverick. He was reportedly paid $12.5 million up front plus over 10% of so-called “first-dollar gross,” the Hollywood term for a cut of revenue collected by the studio, which includes roughly half of tickets sold in theaters, plus revenue from rights to show the film on everything from streaming services and airlines, to television networks around the world.
In a world with rapidly diminishing theatrical windows and speedy moves to streaming, Cruise’s deal is an anomaly amid the more typical large upfront pay for streaming-only films, or smaller back ends that are paid out after the studio makes a theatrical release’s budget back.
Forbs