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source: Forbes

The Twilight movies are more than a cultural sensation, they’re a financial phenomenon. The latest, Breaking Dawn, has ranked No. 1 at the U.S. box office for the past three weekends and has already earned $588 million worldwide. The entire franchise has brought in $2.4 billion so far and there’s still one more movie set for release next year.

It’s been a lot of reward for relatively little outlay. The first two movies were produced for $37 million and $50 million, respectively. The current film is the most expensive to date with an estimated budget of $110 million. Part of the reason the budget has risen is that stars Kristen Stewart and Robert Pattinson are getting paid more for playing Bella and her vampire boyfriend Edward, but they’re still not getting the $20 million paychecks that some big stars can command.

Checkout the top 5 best Hollywood Actors for the buck after the jump.

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Eddie Murphy Pulls Out as Oscars Host

A day after Brett Ratner resigned as Academy Awards producer over his use of an anti-gay slur and other offensive comments, the comedian/actor he’d picked to host the show — Eddie Murphy — quits as well.

Brett Ratner is the director of new Hollywood film, Tower Heist starring Eddie Murphy.

 

source: WXYZ

20 years ago, Earvin “Magic” Johnson shocked the world when he announced he was HIV-positive and would retire from the NBA.

At the time, little was known about the disease and it wasn’t clear how much time the basketball superstar had left.

Over the years, Johnson has become a spokesperson for HIV awareness and prevention. The Magic Johnson Foundation is launching a new initiative today called ‘Point Forward Day.” It will kick off with a special event featuring Johnson at the Staples Center in Los Angeles.

A Michigan native, Johnson grew up in Lansing and played basketball at MSU. During the 1978-79 season, MSU defeated Indiana State 75-64 in the NCAA Champioship game. Johnson as voted Most Outstanding Player of the Final Four.

 

Eddie Murphy has been one of Hollywood’s most bankable actors for years, but according to Forbes his recent box office failures have landed him in the No. 2 spot in their Most Overpaid Actors list.

Murphy struck box office gold with Dr. Doolittle and The Nutty Professor, both brought in $250 million worldwide. But two of his most recent films, Imagine That and Meet Dave bombed terribly. Leaving the actor in desperate need of a hit.


Drew Barrymore
is also searching for a hit flick. According to Forbes the actress only brings 40 cents for every dollar she is paid, placing her at the top of the list.


Will Ferrell (No. 3), Reece Witherspoon (No. 4)
and Denzel Washington round out the top five.
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Rockstar Games has confirmed that Grand Theft Auto V is in development, checkout the trailer below: