Who gets the royalties from the I Love Lucy show?
Who gets the royalties from the I Love Lucy show?
ViacomCBS is the company that owns the rights to I Love Lucy, thanks to a 1956 deal that star Desi Arnaz, then-husband of Lucille Ball, made with CBS. According to Variety, Arnaz and Ball built their Desilu Productions banner into one of the most powerful independent production companies.
Does I Love Lucy still make money?
According to The Los Angeles Times, I Love Lucy makes around $20 million each year from reruns.
How much did Lucille Ball pay Desi Arnaz for Desilu?
But it proved to be too much for Arnaz to handle, and in 1962, he asked Lucy to buy him out of Desilu. She paid him $2.5 million for his shares and became the first woman CEO of a major television and movie production company. It was not the best time for such a first, however.
How much money did Ricky Ricardo make?
In 1956, Ricky was making around $20,000 a year for a salary. Because of this, he had enough success and money to buy the Tropicana. As the new owner, he changed the name to Club Babalu.
Who made more money Lucy or Desi?
Desi Arnaz was worth $20 million before his death, according to Celebrity Net Worth. Lucille Ball—whom he divorced in 1960—was worth $40 million (equal to about $80 million today), according to the Gazette Review.
How much did Ethel make on I Love Lucy?
Vivian Vance (Ethel Mertz) only earned $280 per week in the first season of the show. Her salary grew each season, and by Season 6, she was making $7,500 per week. For The Lucy Show, Vance made $8,000 per week plus bonuses.