Make your intellectual property reasonably priced and easy to buy, and guess what...

Supracentral

Active Member
Mar 30, 2005
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Twelve days ago Louis C.K started selling "Live at the Beacon theater" through his web page for five bucks without any DRM or other restrictions. Money earned so far: $1,000,000+

Louis C.K. said:
PayPal-1m.jpg


hi. So it's been about 12 days since the thing started and yesterday we hit the crazy number. One million dollars. That's a lot of money. Really too much money. I've never had a million dollars all of a sudden. and since we're all sharing this experience and since it's really your money, I wanted to let you know what I'm doing with it. People are paying attention to what's going on with this thing. So I guess I want to set an example of what you can do if you all of a sudden have a million dollars that people just gave to you directly because you told jokes.

So I'm breaking the million into four pieces.

the first 250k is going to pay back what the special cost to produce and the website to build.

The second 250k is going back to my staff and the people who work for me on the special and on my show. I'm giving them a big fat bonus.

The third 280k is going to a few different charities. They are listed below in case you'd like to donate to them also. Some of these i learned about through friends, some were reccomended through twitter.

The Fistula Foundation
The Pablove Foundation
charity: water
Kiva
Green Chimneys
That leaves me with 220k for myself. Some of that will pay my rent and will care for my childen. The rest I will do terrible, horrible things with and none of that is any of your business. In any case, to me, 220k is enough out of a million.

I never viewed money as being "my money" I always saw it as "The money" It's a resource. if it pools up around me then it needs to be flushed back out into the system.

The thing is still on sale. I hope folks keep buying it. If I make another million, I'll give more of it away. I'll let you know when that happens because I like you getting to know what happened to your 5 dollars and bringing awareness to the bla bla bla.

Okay I really gotta go now. Thank you again. I will now stop bugging you. I really hate being in the news this much so I'm gonna just disappear for a while.

Happy hollidays.
Louis C.K.


Read Louis' comment's here:

https://buy.louisck.net/news

You can buy the thing here:

https://buy.louisck.net/purchase

Go buy a copy and indirectly tell MPAA and RIAA; "suck a bag of dicks!"
 

te72

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Mar 26, 2006
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I just might do that. The word in the office is that he's a pretty awesome comedian. These actions cement that in my eyes, I'll take a look. Is it a video or recording? :)
 

suprarx7nut

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Nov 10, 2006
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ForcedTorque;1787394 said:
Don't you think the I.R.S. will be looking for a cut as well?

It's income, so yes. He should be counting this as taxable income. Which means near 45% of that isn't really his, unfortunately.

Because of our tax system the government has "earned" nearly half of that million...

It's a horrible, horrible system and I hope it is changed very soon.

Sent from my ADR6400L using Tapatalk
 

Supracentral

Active Member
Mar 30, 2005
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Guys, let's not turn this into a politics thread. However, the $780K that he's not keeping is pretty much all tax deductible for him. If you pay your people, cover costs and donate to charity, a lot of that is tax deductible.
 

suprarx7nut

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Nov 10, 2006
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Supracentral;1787465 said:
Guys, let's not turn this into a politics thread. However, the $780K that he's not keeping is pretty much all tax deductible for him. If you pay your people, cover costs and donate to charity, a lot of that is tax deductible.

Good point.

Politics aside, its a great idea and it'd be cool to see *other entertainers do it.

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te72

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Mar 26, 2006
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We just watched his "Chewed Up" special on Netflix last night, guy is quite funny. Will be picking up this newest special soon I suspect, the old lady rather enjoyed Chewed Up, we haven't laughed that hard in a while. :rofl:

Guy has quite the interesting history according to the wiki...