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To be clear, they are not arguing that Sandler’s movies are a bad investment but rather than he is overpaid relative to his current market value. Using a baseball metaphor, Sandler overachieved early in his career, which allowed him to acquire a lucrative long-term contract. Now that he is past his prime, he is still a solid performer but wildly overpaid. Adam Sandler is the Derek Jeter of Hollywood. Unlike baseball, nobody retires in Hollywood when their skills are in decline. I consider the above to be a harsh assessment of what Sandler brings to the table, as he has accumulated a more loyal fan-base than any actor over the past 25 years. Even his biggest clunkers such as That’s My Boy, Blended and Little Nicky have opened to double digits. In fact, only two out of 20 Adam Sandler comedies have failed to recoup their budgets. People who make movies would kill to have a 90% success rate in their craft. On October 1, 2014, Netflix shocked the industry with their announcement that they had signed Adam Sandler to a four-picture deal. One of the most popular and proven actors in the industry will release a quartet of movies that will never experience a theatrical release. Instead, they will all debut on Netflix’s streaming video service. While the move is far from a death knell for movie theaters, it certainly has the feel of the beginning of the end.
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