Posted on 03/31/2005 10:17:15 AM PST by becker
March 25, 2005 HER BODY, MY SELF : What's In It for Michael Schiavo? -added font A SHORT NOTE CONCERNING the financial benefits to Michael Schiavo that will accrue from the death of his wife.
AmericanDigest.org -added website source Posted by Vanderleun -added author
(EXCERPT)
What I do have some sense of is how much money Michael Schiavo stands to make if, and only if, his wife dies. It is, for a man, with a fresh new wife and two children, substantial. Having worked as an editor for Houghton Mifflin and as a literary agent, I have some the price the publishing and media worlds would put on his story. It will be significantly more than 30 pieces of silver.
The book deal: "HER BODY, MY SELF" by Michael Schiavo can be auctioned to a large group of major publishers within ten days of Terri Schiavo's death. This can be arranged by an canny and shameless agent -- and they are legion -- on the basis of 12 telephone calls, a two-page outline, a ghost writer known to the New York publishing world, and a dog-and-pony show where Michael is flown to New York and trotted around to six to eight editors' offices in a day. The bidding for this book will have a floor of two million dollars. The top offer will be in the range of three to three and a half-million for hardcover and paperback rights. Depending on the agent's feel for the market, translation rights may be added to the mix. Film rights will be held back. After the agent's 15% fee, Michael's take from this will be $2,550,000, less $50,000 paid to the ghost writer.
The film and tv rights for Michael's "story" will probably bring in another 1-3 million dollars depending on a number of factors and will, in this instance, be set in motion before the publication of the book.
Speaking fees: Michael Schiavo's lawyer currently commands $15,000 per speaking engagement, so it is not hard to see that Michael could easily pull down $50,000 per engagement. While you probably won't see him show up at Catholic conventions, he's a natural Keynoter for hundreds of other groups across the country and abroad. In the first year alone he could, given a reasonable calendar, be booked for at least 50 events. His gross fees in the first year would, in that case, come to $2,500,000.
Terri Schiavo is worth six to eight million dollars to Michael Schiavo if, and only if, she's dead. If she continues living nothing happens on the book or movie front because there's no ending. When she dies, it is jackpot time for Michael.
Read Article Here
(Found this in link in comments from "Guest Editorial" . . . giving credit where credit is due! Sorry, forgot to get the name of person who posted it! It's all you, dude!).
This post has been edited by Wilrulz: Mar 26 2005, 08:58 AM User is offlineProfile CardPM
Go to the top of the page +
>>And as for me...<<
That is a beautiful post. Thank you for putting the pictures and quote from the psalm together.
Yeah .. it looks like these parents lose all the way around. The worst insult will be watching this monster profit from her death. It's just sickening.
Anyone that would go after Terri's parents is a scumbag. And why am I not surprised Matthews would say something like that.
I think he gets them from a cracker jack box.
I am no fan of Matthews but i was shocked by it.
I was listening to Rush and he played part of it - I actually had to turn it almost off - I couldn't stand the sound of his voice. But .. his news conference went on forever on the TV - and the reporters were all standing around lapping it up. It was disgusting! I had my TV on with the sound muted - while I was listening to Rush - I know .. it's weird.
Somebody has already posted the transcript for that portion of Rush's program - here's the link to the story: http://www.freerepublic.com/focus/f-news/1374930/posts
Don't know why you posted to me.
For the real truth we well have to wait and see.
Ha ha, true that... ping for later
I am curious if he also had any life insurance riding on her, possibly bought while she was still healthy and working at Prudential Insurance. Because her heart attack was not a previous condition, if the payments were maintained, it seems that the company would have to pay up. I have heard that he had a million in life insurance, which would have been hefty for a young couple back then. Then again, if it were an employment benefit or something, it's possible.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.