WRITTEN BY SHAURYA THAKUR
Nicolas Cage has opened up about doing direct-to-video movies to improve his financial situation.
Nicolas Cage appeared on CBS '60 Minutes,' and talked about taking "crummy" roles to repay his IRS debt of $6 million.
Nicolas Cage told Sharyn Alfansi, "I was over-invested in real estate. The real estate market crashed, and I couldn't get out in time. I paid them all back, but it was about $6 million. I never filed for bankruptcy."
Despite being a "dark" time, Cage fully committed to his performances and didn't phone it in for once despite what the critics have said about him over the years.
Thanks to 'Pig,' 'The Unbearable Weight Of Massive Talent,' and recently 'Renfield,' Nicholas Cage's career has received a much-needed resurgence.
Nicolas Cage made over $150 million from his acting career between 1996-2011. He made $40 million in 2009, only to be slapped with a $6 million fine by the IRS later that year.
Nicolas Cage sued his manager Samuel J. Levin, in 2009 for financial fraud and negligence.
The 59-year-old Cage sued Levin for $20 million in October, claiming the accountant led him on a path to "financial ruin."