Alec Baldwin paid $500K ‘minimum' for hosting Planet Hollywood party: Insider
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(NewsNation) — It's hard to pay the bills these days — especially if you have seven children under the age of 12.
Eyebrows were raised last week when it was announced that Alec Baldwin and his wife, Hilaria, were hosting the Planet Hollywood reopening in Times Square — a gig I'm told earned him a 'minimum' appearance/hosting fee of $500,000.
Alec Baldwin's show 'The Baldwins' fails to attract audience
'It was just odd,' my insider said. 'Alec Baldwin? He would never do that before (the 'Rust' shooting). He was an A-List Hollywood actor.'
But since the 'Rust' incident, where he accidentally shot and killed videographer Halyna Hutchins, things have changed.
While all charges were eventually dropped against Baldwin, years of legal fees drained his coffers, and acting jobs dried up. [He currently has only four proposed jobs listed on IMDB, three of which are in 'preproduction'].
And although Alec and Hilaria have the TLC reality show, 'The Baldwins,' it has suffered from dwindling ratings and major criticism from critics and audiences.
Is Hilaria Baldwin taking her shot at stardom?
So when Planet Hollywood owner Robert Earl came knocking, Alec and his wife answered.
One event organizer who organizes major events for large companies told me, 'For someone of Alec's caliber, it would cost a minimum of $500,000 for him to host, but possibly even more as he hosted it and therefore would have had to stay all night. They're horsetrading on his name, so they'd have to pay big money.'
At the same event, Boy George was billed as the DJ and 50 Cent as the 'special guest' — my source said they also would have gotten similar money. And while Pete Davidson also showed, my source said he likely got a fee as well.
Beyonce's fans are starting to get angry, revolt
'Nobody does an event like that for free,' the event manager said. 'They all get an appearance fee.'
One man who did show for free? New York City Mayor Eric Adams — who was promptly booed by the crowd on arrival.
Reps for Baldwin didn't return emails.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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