Oscar winner Jamie Foxx went back to the bargaining table with producers after hearing his new film was set to feature Beyonce Knowles and Eddie Murphy.

Negotiations for upcoming movie DREAMGIRLS broke down after RAY star Foxx, fresh from his Academy Award win, priced himself out of the market.

But when he heard who was in talks to appear in the film, he offered to slash his salary to take part.

He explains, "The first time, it was just me in the movie - no Eddie Murphy, no Beyonce. Then I hear Eddie's doing it, and I'm like, 'Hey, pay me a dollar.' I hear Beyonce's doing it, 'Pay me a quarter.' I just wanted to be part of that.

"At the end of the day, who cares, man? It's Eddie Murphy; he's my hero.

"If Dreamgirls works out as I think it will, it will be the greatest thing in the world, a real event. Maybe you won't get $15 million, maybe you get $3 million, maybe $2 million... (but) you are getting more than a paycheque."