"It deserves to be mentioned here that one purpose of these huge fees is to establish respect; in the constitution of Hollywood, a million-dollar director has half a million dollars more respect than a $500,000 director. This is why the Eleventh Commandment of a motion picture negotiation is Thou shalt not take less than thy last deal. Everyone knows what everyone else makes (this information is passed around like popcorn at a movie), and the person who violates this Eleventh Commandment is seen not as a model of restraint and moderation but as a plain goddamn fool."
January 1, 1970
https://en.wikiquote.org/wiki/John_Gregory_Dunne