Meryl Streep admonishes Hollywood for 'tentpole failures' and lack of women in key roles
"In this room, we are very familiar with these dreadful statistics that detail the shocking under-representation of women in our business. Seven to ten percent of directors, producers, writers, and cinematographers [are women] in any given year," says Streep. "This in spite of the fact that in the last five years, five little movies aimed at women have earned over $1.6 billion: 'The Help,' 'The Iron Lady' believe it or not, 'Bridesmaids,' 'Mamma Mia!' and 'The Devil Wears Prada.'"
"As you can see, their profits were significant because they cost a fraction of what the big tentpole failures cost," Streep continues. "Let's talk about 'The Iron Lady.' It cost $14 million to make it and brought in $114 million. Pure profit! So why? Why? Don't they want the money? Why is it so hard to get these movies made?"
Streep finishes her speech with this final thought: "Alice Walker said that the most common way people give up their power is by thinking that they don't have any. That's like [hearing] that women don't get raises because they don't ask for them. It's incredible."