Posted by Martha on October 23, 2009, 8:55 pm, in reply to "Re: More on Sarah"
76.216.248.80
:
: A little more info on the sale of her book
: rights.
:
: Link:
:
: http://www.dailymail.co.uk/news/article-1222450/Sarah-Ferguson-sells-intellectual-rights-childrens-books-faces-600-000-debts.html
----------------
:
: Quote:
:
: He also said she had negotiated a
: 'substantial ' share of future profits,
: believed to be around 35 per cent, which
: stood to deliver 'really considerable'
: future payouts.
:
:
: Sounds good, but this Guardian article has
: this to say about HandMade:
:
: The company's results for 2008, also
: published today, showed losses narrowing to
: £990,000 from £2.95m in 2007.
:
:
: So if I were Sarah, I wouldn't go spending
: my profits just yet.
:
===
She had an asset to sell and she struck a deal. Good for her, she did what needed to be done. I hope she'll get her financial house in order and learn to live just under her means.
===
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