Life & Style reported Wednesday that while Disney executives want to make a third installment of the popular musical franchise, contract negotiations with many of its stars have completely stalled.
One insider said "Musical" star Zac Efron, who reportedly has been offered $2.75 million to reprise his leading role in a third film, has convinced his co-stars to hold out for more money.
"Zac’s telling the other actors to make sure they get what they deserve,” the insider alleged.
Other insider reports have said Efron co-stars have been offered $1 million deals to take part in the sequel.
The magazine said "High School Musical" has grossed $100 million and its sequel has met with record-breaking success since its release.
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