Monday, August 30, 2010
$.
A friend in Austin who I assume knows a lot about money because he has a lot of it told me that if we’re looking for a movie deal for Lizzie Borden we should hold out for $10 million because 40% will come off the top for various agents and lawyers and accountants leaving $6 million to split among 3 writers or about $2 million each which safely invested would produce about $65,000 a year in dividends which would be enough to live on for the rest of my life. None of these numbers really mean anything to me except the $65,000, which would be a modest and completely reasonable income for an artist in New York. So ... $10 million, folks.
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