Hollywood agents are capped at 10%, Hollywood managers typically are more like 15%. Agents are "forbidden" by California law to produce projects, though that line can be awfully blurry. Managers can't, in theory, directly negotiate contracts. In theory.
A lot of talent ends up with both a manager and an agent, each with their own percentage.
Toss in an attorney at 5+% and you can see how the Hollywood money really flows.
Comments
Aside-
Hollywood agents are capped at 10%, Hollywood managers typically are more like 15%. Agents are "forbidden" by California law to produce projects, though that line can be awfully blurry. Managers can't, in theory, directly negotiate contracts. In theory.
A lot of talent ends up with both a manager and an agent, each with their own percentage.
Toss in an attorney at 5+% and you can see how the Hollywood money really flows.