Huge payday for trio in ‘The Devil Wears Prada 2’
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Meryl Streep is said to have landed a $12.5-million payday to
return as Miranda Priestly in The Devil Wears Prada 2.
The 77-year-old acting veteran’s co-stars Anne Hathaway and
Emily Blunt are also said to have landed identical eight-figure
deals as the long-awaited sequel storms towards $300 million at
the global box office.
Meryl reprised her role as icy Runway editor Miranda nearly 20
years after the original 2006 fashion phenomenon became one of
the defining studio comedies of the era.
According to Variety, Meryl negotiated a “favoured nations”
arrangement with co-stars Anne and Emily, ensuring all three
women received equal salaries of $12.5 million for the David
Frankel-directed sequel.
The film, released by 20th Century Studios, has rapidly become
one of the year’s biggest box-office successes and arrives amid
renewed interest in legacy sequels and female-led franchises
following recent Hollywood revivals.
Sources told Variety Meryl – a 21-time Oscar nominee whose
recent work has included Hulu hit Only Murders in the Building
alongside Steve Martin, Martin Short and Selena Gomez – could
have commanded a far higher fee to return as Miranda Priestly.
Instead, sources claimed the actress helped negotiate parity
between the film’s leading trio.
According to the report, all three actors are also entitled to
lucrative box-office bonuses as the sequel continues surpassing
revenue milestones worldwide.
Sources told the publication each star could ultimately earn more
than $20 million if ticket sales continue at their current pace.
Representatives for 20th Century Studios and talent agency
Creative Artists Agency reportedly declined to comment on the
Variety report, as did spokespersons for Meryl and her female co-
stars.
The sequel reunites much of the original creative team, including
director David Frankel and screenwriter Aline Brosh McKenna,
whose original adaptation of Lauren Weisberger’s bestselling
novel transformed The Devil Wears Prada into a popular film
classic.
The first movie grossed more than $326 million globally from a
reported $35-million budget and became synonymous with
Meryl’s acclaimed portrayal of the ruthless fashion editor Miranda
Priestly – a performance many critics regard as one of the
defining roles of her career alongside films including Sophie’s
Choice, Mamma Mia! and The Iron Lady.
Speaking previously about the possibility of revisiting the
franchise, Aline told Variety Meryl had signalled she was “open to
ideas” for a sequel roughly two years ago.
The publication also reported that The Devil Wears Prada 2 carried a
production budget of approximately $100 million, with much of
that figure reportedly allocated to cast salaries.