Apparently T-Boz and Chilli only brought in around $60,000 from the biopic.
The Jasmine Brand writes:
T-Boz and Chili were then dragged into the $40 million lawsuit recently over the VH1 movie and their former manager Pebbles filed docs stating she was going to depose the girls and grill them about the film and how they portrayed her in the movie.
Then on September 23rd, the depositions of Chili and T-Boz were filed in the case which lay out exactly how much they were paid by VH1 for the rights to their life story.
According to testimony both girls gave under oath, the deals they signed with the network paid only 60k each for the rights to film the movie.
T-Boz explains under oath that the contract with VH1 paid her $10K for her life rights and then $50K as a consultant fee on the film. The lawyer grilling the singer asked if she believed this was a low amount for the movie, to which she says that it’s what she agreed to with VH1.
Chili admitted that $60K payment was all they received for the movie. However, she did state that there were other financial incentives for doing the TV film, including the fact that the band had recently got back the masters for their re-records which means they would make money when their music is used, like in the VH1 film. However, the singer wasn’t aware of the amount of money she has made off the masters for their songs.
lmao
I see they’re still bad with money.
What?! They could have at least gotten around 200k if they played their cards right.
That’s it? Damn
VH1 is disrespectful as f-ck.
Vh1 always been cheap. They barely pay all these thirsty reality stars decent money.
Terrible.
Well they didn’t mind it so next.
Between this and them raising money to put out another album, all I can do I shake my head.
I just think this is too low. They should have negotiated for more money.
TLC stay getting screwed over damn shame.
smh
Well they can’t blame Pebbles for this one LOL.
Crazy!
They must not have shopped this around to enough networks