ABC takes 5% equity or 2% royalty from all companies that appear on Shark Tank

Re:ABC takes 5% equity or 2% royalty from all companies that... by thespin on Tuesday May 08, 2012 @07:17PM (#3946292)

Do you think Dragon's Den does this?

Imagine if every reality TV actor had to agree to give a portion of their future earnings to the network, in the event they become very successful.

The question is, if you ask ABC to delete this provision, is it a deal-breaker?

Some will just blindly agree to it, no doubt.

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Re:ABC takes 5% equity or 2% royalty from all companies that... by damoncali on Tuesday May 08, 2012 @07:20PM (#3946312)

There have been a handful of companies with real revenues on the show. I can't imagine they would agree to such terms. It would be insane.

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