Peter Jackson Gets $20mil Payday For “Kong”
Kong-Sized Payday To Jackson
Universal will pay Lord of the Rings director Peter Jackson $20 million against 20 percent of the gross to helm a remake of King Kong, one of the largest deals ever made with a director, Variety reported. Jackson will share that fee with Fran Walsh and Philippa Boyens, the duo with whom he wrote the Rings films, the trade paper reported. The trio shares writing duties on King Kong, and part of the compensation goes to Walsh for producing the film with him, the trade reported.
The deal also represents a household record, as Walsh and Jackson live together in New Zealand. The $20 million advance puts Jackson in the same territory as stars like Tom Cruise and Mel Gibson, Variety reported.
King Kong has been green-lighted and is slotted for a Christmas 2005 release. Universal is owned by Vivendi Universal, which also owns SCIFI.COM.
Link: Peter Jackson Gets $20mil Payday For “Kong”
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