Nicolas Cage - I'm Broke
In a new interview with GQ, Nicholas Cage explained the basis behind accepting the any and all "Straight To Video" roles stemmed from a refusal to file for bankruptcy.
Cage is matter-of-fact when he speaks about how he went from headlining blockbusters to going straight to VOD. “The phone stopped ringing,” he says. “It was like, ‘What do you mean we're not doing National Treasure 3? It's been 14 years. Why not?’ ” He would often get a circuitous answer, but he knew what the elephant in the room was. “Well, Sorcerer's Apprentice didn't work, and Ghost Rider didn't really sell tickets. And Drive Angry, that just came and went.’ ”
There was much more that we didn't see. Namely, him grieving his father and trying to take care of his elderly mother. “I've got all these creditors and the IRS and I'm spending $20,000 a month trying to keep my mother out of a mental institution, and I can't,” he says. “It was just all happening at once.”
Cage was adamant that he would never file for bankruptcy, even when people kept telling him to press that button. And he wants to clear up a misconception about the work he took on to prevent that from happening. “When I was doing four movies a year, back to back to back, I still had to find something in them to be able to give it my all,” he says. “They didn't work, all of them. Some of them were terrific, like Mandy, but some of them didn't work. But I never phoned it in. So if there was a misconception, it was that. That I was just doing it and not caring. I was caring.”
Eventually, it added up. About a year and a half ago, he finished paying off all his debts.
But it was almost as if there was some kind of eerie Faustian bargain involved. The role that allowed him to write that big check to the IRS and finally be free and clear? It was the role of playing himself.
Offsite Linkby Anonymous | reply 55 | March 26, 2022 11:29 PM
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Maybe he shouldn't have been spending like a crazy person before, buying crypts in NOLA and Madame LaLaurie's house, dinosaur's skulls, the Shah's Lambo, islands, etc., etc.
Cry me a river, Nic.
Offsite Linkby Anonymous | reply 1 | March 23, 2022 4:09 PM
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So Nick laundered a bunch of money?
by Anonymous | reply 2 | March 23, 2022 4:20 PM
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A true gentleman should not discuss such personal financial matters. It's tacky.
by Anonymous | reply 3 | March 23, 2022 4:25 PM
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Do the Tasteful Friends at least approve of the castles he owned in Bath, England and Etzelwang, Germany, and his home in Bel Air (below)?
Offsite Linkby Anonymous | reply 4 | March 23, 2022 4:27 PM
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Are we supposed to feel sorry for a child of nepotism who's also a loser that splurged 150 million?
by Anonymous | reply 5 | March 23, 2022 4:27 PM
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I give him credit for getting himself out of his own mess.
by Anonymous | reply 6 | March 23, 2022 4:30 PM
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R4 the aerial view is nice
by Anonymous | reply 7 | March 23, 2022 4:33 PM
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Incredibly low barrier to entry for great fame and wealth allowed him to overvalue his abilities.
He never lived in reality due to nepotism. He's pretty ugly, not talented and not genuinely that interesting, but he became one of the world's greatest movie stars. Ipso facto, he must actually be amazing at everything he thinks he is.
See also: G. Paltrow.
by Anonymous | reply 11 | March 23, 2022 4:42 PM
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The famously poisonous critic John Simon once said "Cage should be his address, not his name."
by Anonymous | reply 12 | March 23, 2022 4:54 PM
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I like him and enjoyed many of his films, good and bad. Pity he's a mess personally but it doesn't make me like him less as an artist.
by Anonymous | reply 13 | March 23, 2022 5:05 PM
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[quote] Are we supposed to feel sorry for a child of nepotism who's also a loser that splurged 150 million?
No, but I value him talking about it. I really felt that.
My father developed a debilitating neuralgia in his 50s. He and my mother jointly had about a million saved in superannuation by the time he was in his early 60s and collapsed in his wheelchair one day after work. He was alive for 3 years after that but by that point all his super and half of my mother’s were gone on medical bills, fixing bits of the house so it would be deemed liveable for a person with a disability to so we could discharge him, and for the company who sent in a carer for 4 hours a day, 3 days a week.
by Anonymous | reply 14 | March 23, 2022 5:14 PM
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But your family were not billionaires who didn't truly earn a penny of their money, R14. Have some true perspective.
by Anonymous | reply 15 | March 23, 2022 5:22 PM
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Not knowing how to handle money seems to be a Coppola family trait.
Nic's uncle Francis Ford Coppola has filed for bankruptcy multiple times.
Offsite Linkby Anonymous | reply 17 | March 23, 2022 5:41 PM
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He paid his debts, leave the guy alone.
by Anonymous | reply 18 | March 23, 2022 5:44 PM
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Everyone has money problems. Big people have big money problems. Small people have small money problems.
by Anonymous | reply 19 | March 23, 2022 5:45 PM
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R15 I do have perspective. I know he spent ridiculously. Hell, my parents could have put a deck in so the back door was accessible (they jokingly called it “the lanai”!), put on a new roof on the house any time in the previous 40 years, replaced the architraves, put in insulation and repainted the interior since the early 90s. But they didn’t. They just got tired after work and spent their free time around the house doing, beyond general chores and cleaning, more fun stuff like growing orchids and a kitchen garden and ignored the tedious, expensive stuff that required hiring experts until they became a bank-draining necessity.
But they didn’t. And while I don’t pity Cage, what he went through and that mad scrambling for cash for ailing parents is something a lot of people silently go through.
by Anonymous | reply 20 | March 23, 2022 5:47 PM
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He and Johnny Depp are the worst kind of assholes. Spending all of that money then crying about it. I liked Cage in Raising Arizona,Moonstruck and Peggy Sue. Thats it .
by Anonymous | reply 21 | March 23, 2022 5:58 PM
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He's broke AGAIN? How many times does this time make?
by Anonymous | reply 22 | March 23, 2022 6:02 PM
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He’s also on his fifth marriage. That can’t help his bank account.
Dude, set limits and budget like the rest of us.
by Anonymous | reply 23 | March 23, 2022 6:06 PM
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Good for him to accept that.
by Anonymous | reply 24 | March 23, 2022 6:29 PM
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I've always really liked him. He was super sexy in the 1980s, especially in Moonstruck, and he is a very good actor. Say what you will, but unlike some of our media appointed "great" actors, he is never boring or unwatchable.
I don't think he's trying to make it out to be a pity party/sob story thing. I read the profile, and he just goes into how he fucked up and how he's trying to fix his life. Good on him.
by Anonymous | reply 25 | March 23, 2022 6:35 PM
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He was an arrogant, delusional narcissist who never took acting seriously. In all of his movies, he is hammier than spanish jamon.
To me this is very "too bad, so sad."
by Anonymous | reply 27 | March 23, 2022 6:54 PM
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Nicky don’t lose that number, you don’t wanna call nobody else.
Send it off in a letter to yourself.
by Anonymous | reply 28 | March 24, 2022 10:25 AM
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I can’t remember ever seeing a movie starring him. All I know is, he’s that actor with the perpetual expression of a dumbfounded German shepherd.
by Anonymous | reply 29 | March 24, 2022 10:54 AM
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I wish he'd gone bankrupt and made less movies, the Wicker Man remake is unforgivable.
by Anonymous | reply 31 | March 25, 2022 5:03 PM
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That is just SO sad. I mean, what a very sad story. But then again, who amongst us has NOT made 150 million and frittered it away?
by Anonymous | reply 32 | March 25, 2022 5:18 PM
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Some (maybe all) of those VOD movies he made were total garbage on just about every level. The market for them isn’t anywhere near as broad as a major release on streaming, so he must have been desperately scraping the bottom of the barrel for income.
I watched one of his VOD films (a sci-if thriller) and only ended up watching until the end because I was caught up in loathing how obviously derivative it was in addition to the crude filming, editing and acting that made the movie such cheap mess.
by Anonymous | reply 33 | March 25, 2022 5:43 PM
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One of his VOD ones I actually enjoyed was a more prestige one by Paul Schrader, called Dog Eat Dog.
Far from the best of anyone involved, but who can pass watching Cage and Dafoe square off against each other?
Offsite Linkby Anonymous | reply 34 | March 25, 2022 5:47 PM
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He’s made mistakes but he could have taken the easy way out and he didn’t. He worked and paid off his debts and made sure his mother was taken care of. That deserves respect.
by Anonymous | reply 35 | March 25, 2022 5:49 PM
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His young new wife is pregnant.
by Anonymous | reply 36 | March 25, 2022 6:26 PM
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He needs to do a movie with Alec Baldwin and be put outta his misery. Fuck do I hate him.
by Anonymous | reply 37 | March 25, 2022 6:36 PM
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He was good in this surprisingly not bad movie from 1983.
Offsite Linkby Anonymous | reply 38 | March 25, 2022 6:44 PM
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Better get out there and suck some dick!
by Anonymous | reply 39 | March 25, 2022 6:49 PM
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I look at the old timey actors and wonder how they were ever thought of as good looking. I mean, this guy was NOT good looking AT ALL.
by Anonymous | reply 40 | March 25, 2022 7:30 PM
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I always surprises me when people are surprised by actors, even top actors, going broke. We all talk about them doing bad movies "for the paycheck"; well, why is that when they are getting millions? Because they have way more and bigger bills than the most of us. They're freelancers getting paychecks only for as long as a project lasts, with agents and managers taking a cut before it even gets to them. Add in some expensive habits (gambling, drugs, buying weird shit, etc), and bam: you find yourself shilling milk in Japan. I respect Nic Cage for putting his nose to the grindstone and being open about it.
by Anonymous | reply 41 | March 25, 2022 7:39 PM
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R38 I love Valley Girl, when I met my partner back in the 90s he looked exactly like Nic Cage in that movie.
by Anonymous | reply 42 | March 25, 2022 9:30 PM
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R41, exactly and cocaine is the ultimate destroyer of wealth. Literally disappears.
by Anonymous | reply 43 | March 25, 2022 11:11 PM
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I wish he had presented dong when he was younger. Maybe I would buy the DVD, bluray, 4k download, VHS, laserdisc, vcd of that movie. He was so smoldering hot in Birdy, Peggy Sue, Moonstruck and Zandalee.
by Anonymous | reply 44 | March 25, 2022 11:21 PM
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Mandy, Mom and Dad, and Color out of Space are all good movies. Even the ones I haven't liked I agree he puts in the work.
And unlike a certain former pirate actor, he seems to have his head on straight-ish now instead of digging himself a deeper hole.
by Anonymous | reply 45 | March 26, 2022 1:01 AM
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R41 If he’d done some investments, and lived an middle class lifestyle for a few years, he could’ve been a billionaire by now. I suspect a lot of people take advantage of these people being financially illiterate.
by Anonymous | reply 46 | March 26, 2022 2:37 PM
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R47 in Zandalee a little bit.
by Anonymous | reply 48 | March 26, 2022 2:55 PM
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As far as Cage’s attractiveness goes, I agree with the general sentiment that he’s fug, but he had a smokin’ hot body in the early 1980s, which more than compensated for being shortchanged in the looks dept. And, by virtue of his fit youth in both face and frame, I learned to acquire an appreciation for his less than pleasing appearance.
by Anonymous | reply 49 | March 26, 2022 3:10 PM
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[quote] He’s made mistakes but he could have taken the easy way out and he didn’t. He worked and paid off his debts and made sure his mother was taken care of. That deserves respect.
He owed millions to the IRS. It was either pay up or join Wesley Snipes in the clink. Why would anyone respect that? He was desperate because he is a privileged idiot.
by Anonymous | reply 50 | March 26, 2022 3:17 PM
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Has he sold those properties?
And yes, he was smoldering in Moonstruck.
by Anonymous | reply 51 | March 26, 2022 3:24 PM
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I made a shitload of money and basically fucking threw it away. He's a fucking loser.
by Anonymous | reply 52 | March 26, 2022 3:36 PM
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He's no different than Charlie Sheen. Raised in Hollywood, spoiled and given a film career by his uncle. I never had an issue with Cage, he's fun to watch on screen. He seems dumb and immature but also nice.
by Anonymous | reply 53 | March 26, 2022 3:46 PM
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Honestly he almost ruins Peggy Sue, but Kathleen Turner was so good it all works. My favorite NC movie is little re,embers Guarding Tess, with DL fave Shirley MacLaine.
by Anonymous | reply 54 | March 26, 2022 10:57 PM
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Look, he paid his debts and did not file for bankruptcy. This is better than many do.
by Anonymous | reply 55 | March 26, 2022 11:29 PM
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