Al Sharpton docs seemingly gained’t make nonprofit a ton of cash

Al Sharpton docs seemingly gained’t make nonprofit a ton of cash

The Rev. Al Sharpton claims documentary-film offers may pour seven figures of revenue into his charity, however business consultants say tha

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The Rev. Al Sharpton claims documentary-film offers may pour seven figures of revenue into his charity, however business consultants say that seems to be fiction.

Sharpton’s Nationwide Motion Community nonprofit inked a deal final 12 months to purchase the activist preacher’s life-story rights for $531,000, with the expectation that it may promote the rights to movie-makers and reap the income.

Sharpton instructed The Submit he had contracts for 2 documentaries and one other movie deal within the works. He refused to launch any particulars or say if he had acquired the money.

“This man’s simply stuffed with baloney,” a documentary filmmaker instructed The Submit, including, “A documentarian who has any scruples wouldn’t pay somebody for his or her story. Then it wouldn’t be an sincere story.”

Even when somebody needed to purchase the rights to video footage Sharpton claims to have with Michael Jackson and others, the filmmaker mentioned such pictures may very well be secured for a low worth.

“It’s not a giant enterprise,” the filmmaker defined. “It’s a giant enterprise if somebody obtained the footage of Girl Di’s tunnel accident or the Zapruder movie.”

Mark Litwak, a Los Angeles leisure lawyer, mentioned a filmmaker would possibly safe life-story rights to protect towards defamation or invasion of privateness fits — which Sharpton would have hassle successful as a public determine — or for future product merchandising, which might be uncommon for a documentary.

However such a deal could be a small share of the documentary’s complete finances, which is usually no various hundred thousand {dollars}.

“You don’t need to spend greater than 5 % [of the budget] on buying underlying rights,” Litwak mentioned.

NAN spokeswoman Rachel Noerdlinger mentioned the third potential movie could be a business mission. However one New York Metropolis literary agent who has offered rights to Hollywood mentioned $531,000 is excessive even for that type of mission.

“That’s some huge cash up entrance nowadays,” the agent mentioned.

The urge for food for Sharpton’s story can also be questionable. His 2013 E-book “The Rejected Stone” was not precisely a best-seller. It offered 16,627 hardcover copies and one other 721 in paperback, in keeping with tallies from the BookScan monitoring service, which represents about 80 % of gross sales.

Sharpton instructed The Submit his life-story rights included a doable play, “some issues that I’m going to do in writings” and belongings like a recording with James Brown.

He insisted Saturday the documentary was “Going to be massive.”

“You bought to recollect, we’re speaking about me with leisure, me with politics from the White Home to the mobsters that threatened me within the [media],” he mentioned. “They’re speaking a couple of docu-drama.”

Noerdlinger instructed The Submit late final month {that a} personal donor had put up the cash to purchase the rights, however neither she nor Sharpton would determine the contributor.

Sharpton mentioned for the primary time yesterday that the deal was structured with unspecified “benchmarks.”

“Now we have an settlement that there’s benchmarks earlier than they provide the entire cash,” he mentioned. “In the event that they don’t attain the benchmark, they’re out of the deal and I’m out of the deal.”

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