The self-made millionaire shares a ‘Actual Housewives of New York” life-changing second.
Actuality star and businesswoman Bethenny Frankel is aware of the significance of a well-constructed contract — and he or she just lately shared it along with her followers on Instagram. When she began on the mega-popular collection “The Actual Housewives of New York Metropolis,” Frankel wasn’t precisely swimming in money.
“How so much was my contract for season one in every of many Actual Housewives of New York Metropolis? The contract talked about $7,250, which I didn’t dispute,” she informed her followers. “I was a no particular person. There wasn’t some enormous money to me. All I had was time on my arms. No kids, no family, no downside.”
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However Frankel did have one problem with the contract Bravo despatched. “The solely issue I did cross out was the issue that talked about Bravo would take a proportion of one thing I made,” she recollects. “I had nothing — what would I care? However someplace down deep inside me, I understood conceptually that that was improper, that I was going areas, and I was going to do one factor and no one was going to non-public any part of it.”
Frankel goes on to say that the selection modified her “complete life”–and it modified the authorized practices of actuality tv contracts, too. “Bravo awoke,” Frankel says in her reel. “They created what’s now referred to by the enterprise as ‘The Bethenny Clause’, which signifies that anybody occurring actuality TV has to current a proportion to the powers that be.”
“I was not a enterprise specific particular person,” she reiterates. “I be taught a contract. One thing didn’t actually really feel correct to me. And I took it out, and it modified my complete life. And it modified the leisure enterprise and [its] practices. So under no circumstances assume anyone is smarter than you.”
Bethenny purchased her liquor mannequin Skinnygirl for $100 million in 2011. And Bravo didn’t see a single penny of it.
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