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Posts tagged as money

Son, This ‘Monopoly’ Investment Scheme Is No Substitute For a Steady Job, by Adam Bertocci

Son, we need to have a little talk.

I had someone in my office review your contract. Put bluntly, I have severe reservations about your accepting this job. The obvious concern is your salary. $200 as a base is meaningless without a schedule. If you’re only paid for passing Go, with no guarantees of how often that occurs, then you’re really on commission.

Your mother and I are both, frankly, relieved to see evidence of some gainful employment for you. But companies claiming to offer a salaried position that subsequently treat you as a "permalancer" should be viewed with suspicion. Are you aware that they are not withholding income [...]

A Barcelona Comedy Club Is Charging Audiences Per Laugh Through Facial Recognition Software

Well this is weird. BBC News reports that a comedy club in Barcelona called Teatreneu is experimenting with a new way to get more customers to attend shows: Charging them per laugh instead of per ticket. The club installed tablets to the back of each seat with facial recognition software that tracks each audience member's responses during the show and charges 0.30 euros per laugh with a cap of 24 euros total (~$30USD). The experiment has so far driven the comedy club's overall ticket prices up by six euros and is reportedly getting a tryout run in several other Spanish theaters as well, but it's hard to believe [...]

Here's How Much Money TV Writers Make

Gawker has a nice look at how much money TV writers make up today, with detailed info on pay levels for writers across cable and network TV. The numbers depicted are just minimums and most TV writers at each level probably make more than that, depending on their experience and the success of the show, but the list covers everything from writers who are just given a story credit on a comedy ($8062 minimum for network and $5432 minimum for cable) all the way up to senior staff writers on shows with over a 20-week guarantee ($6036 minimum on both cable and network).

Check out their table of [...]

A FASTidious Credit Report, by Jake Tuck

Dear Landlord,

We at FASTidious Credit Reporting have reviewed the credit history of your prospective tenant, Glen Hodge, and offer this prompt report. First, we should say that Mr. Hodge has an ostensibly stellar credit history. By the standard scoring method, he received an “excellent” score of 830. He pays all his credit cards and bills on time, save one instance when he was hospitalized after attempting to save an elderly man from a burning house. So his credit is, on the surface, largely immaculate. However, we at FASTidious do not like surface impressions, such as that of the sun in a calm lake; underneath, the lake may contain [...]

How Much Do Your Favorite Comedians Make?

Jason Zinoman and Megan Angelo over at The New York Times have a great piece today detailing how much money several different types of comedians make. They talked to a road comic, a UCB solo performer, a podcaster, a Comedy Cellar regular, a cruise ship comic, and Eugene Mirman. Bad news: Everyone except TV star Eugene Mirman makes less money than the cruise ship comic.

'The Onion,' 'The A.V. Club,' and 'Clickhole' Are Prepping for a Sale

Funny or Die isn't the only comedy site considering a big sale this week. Bloomberg reports today that Onion Inc. — owner of pop culture and satirical sites The Onion, The A.V. Club, and Clickhole — has also hired a financial advisor for a possible sale of the company. Onion's CEO Steve Hannah declined to comment on the news, but the company is reportedly working with an investment bank to look into their options. Like Funny or Die, it's unclear how a sale would affect Onion Inc's sites. Hopefully The Onion's news item about God's plans to kick off humanity's mass extinction next [...]

The Summer Caretaker at the Overlook Hotel Asks for a Raise, by David Guzman

I first want to say what a pleasure it is to be back as the summer caretaker for the Overlook Hotel. The grand architecture, its beautiful location in the Colorado mountains, the pleasant staff and clientele; it’s truly an honor to work here.

I must be upfront, though, and tell you I’m here to ask for a raise. There are a few factors that come into play. As I understand it, the winter caretaker position pays just as much as the summer position. And that’s just not fair, since the job of summer caretaker requires much more work than that of winter caretaker. In addition, our winter caretakers tend [...]

People Who Watch 'Modern Family' Make More Than Those Who Watch 'Bob's Burgers'

Viewers of ABC's Modern Family are the most affluent of network television watchers, while Bob's Burgers viewers are at the opposite end of the spectrum. The Wrap analyzed average median income of primetime viewers from Nielsen's data, and determined that the median income for viewers in the 18-49 demographic is $81,100 for Modern Family viewers, while Bob's Burgers viewers earn $48,800.

On the richer end of things, Parks and Recreation draws the second most affluent viewers with a median income of $81,000. Sitcoms The Goldbergs, The Mindy Project, How I Met Your Mother, New Girl, The Michael J. Fox Show, Super Fun Night, Trophy Wife, and The Middle all have viewers with a [...]

Jon Stewart Is Now the Highest Paid Host in Late Night

TV Guide put out a list of the highest paid stars in television, and Jon Stewart is surprisingly at the top of the late night chart, besting big-time network hosts like Jay Leno, David Letterman, and the like.

The way the list breaks down, Stewart is on the top with an estimated salary of $25-$30 million. Leno, who was making $27-$30 million last year, is now at $20 million after taking a big pay cut. David Letterman is tied with Leno at $20 million, with Jimmy Kimmel at $10 million, and Andy Cohen, host of Bravo's Watch What Happens Live, is at $2 million. Jimmy Fallon, Craig [...]

Now the 'Modern Family' Kids Also Make a Lot More Money Than You

After the Modern Family parents finally made a deal, it was their kids' turn. It's being reported that Rico Rodriguez (Manny), Nolan Gould (Luke aka THE BEST), Sarah Hyland (Haley), and Ariel Winter (Alex) are now going to be making about $70,000 an episode. This is more than tripling their previous salaries. Ugh! Nolan Gould is only 13. What is a 13-year-old going to do with the $1.5 million he's going to earn next season? Buy jax and bubble gum and playing cards? That being said, these kids are super great on a show that makes buckets of money, so all power to them. At least for now we're [...]

If You Have $300M, You Might Be Able to Buy Funny or Die

Adam McKay and Will Ferrell's Funny or Die is reportedly considering a big sale. Bloomberg reports that the company recently hired a financial advisor to "evaluate options including a possible sale" with an asking price of $100-300 million. "We've received unsolicited interest from a number of companies," CEO Dick Glover said in a memo to FOD employees. "We are NOT trying to sell Funny or Die, but we thought it wise to engage some experts to help us evaluate the situation. In the meantime, if any of you mistakenly receive a briefcase full of cash, please bring it to my office immediately."

An unnamed source also told [...]

Science Confirms the Decline of the Hollywood Comedy

Via Quartz, a recent study on Hollywood films has confirmed the obvious: As more and more non-US moviegoers are accounting for the industry's yearly profits (70% in 2013), comedy — the least translatable movie genre — is on the decline as a result. From the article:

But the emerging world enthusiasm for Hollywood films does not extend to comedies, or at least not relative to its love of action movies and animated films. In China, for example, US comedies account for only 10% of box office spending, compared to 25% in the US … By contrast, Hollywood action films are 44% of the box office in China (the latest [...]

Bill Murray Almost Made Negative $16,000 for 'Rushmore'

Over at Vulture, Matt Zoller Seitz has some excerpts from his new book The Wes Anderson Collection, including these fun little tidbits about Bill Murray's turn in Anderson's 1998 film Rushmore.

16.Bill Murray worked on Rushmore for scale. He got a piece of the profits, but his day rate was Screen Actors Guild minimum. By Anderson's estimate, Murray made about $9,000 from acting in Rushmore.

17.When Disney didn't want to pay for a helicopter shot for Rushmore's "A Quick One While He's Away" montage, Murray wrote a check to cover the costs of chopper rental. The helicopter shot ended up being cut from the film anyway, but Anderson still has Murray's un-cashed [...]

Jerry Seinfeld and Some Ventriloquist Top the List of 10 Highest Paid Comedians

Forbes put out its list of the "10 Highest-Earning Comedians," and Jerry Seinfeld topped the list, followed by some ventriloquist who won America's Got Talent six years ago. To be fair, though, the list only includes comedians who make the bulk of their income from live performances, so that takes everyone who has a lucrative TV or movie career out of the running, making the list significantly less meaningless than it otherwise is. Check out the mostly-depressing list below. There are some good people on it, and at least Jeff Dunham isn't #1 like the last time Forbes made one of these lists in 2010.