Hollywood Studios Offer Nic Cage $75m for 5-Year Movie Moratorium

LOS ANGELES — Three of the film industry’s largest studios have banded together to finance a new offer for Academy Award-winning actor Nicolas Cage: $75 million to stay away from Tinseltown backlots for the next half-decade. Paramount, Universal, and Warner Brothers have reportedly pitched in $25 million each. Cage, once one of the film industry’s brightest talents, won an Oscar for his…