The comedian is broke thanks to his secret,starry, self-financed web show. But it’s a intestine-punch piece of art – watch it to keep him afloatLouis CK is broke. Horace and Pete – his self-financed TV show distributed with minimum fanfare on his own website – has not done the numbers he expected.
As CK told Howard Stern this week, or his contrivance to spend two million dollars of his own money on the first four episodes,before financing the remaining six with the profits, hit a brick wall when fewer people than expected paid for the show. “It made a nice, and itsy-bitsy amount of money,” he told Stern. “But when I got to episode four I was like ‘Hey gang, I don’t enjoy any money’, and so I had to purchase out a line of credit. So Im millions of dollars in debt right now”.
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Source: theguardian.com