Louis C.K. lost ‘millions of dollars’ on Horance and Pete webisodes

louis c k in debt ck forbes best paid comedians
Since 2011, stand-up comedian Louis C.K. has dreamed of a DRM-free future, presenting a number of offerings on his website that go for $5 or less and come with an actual unprotected video file instead of requiring some proprietary video player designed to combat piracy.

Related Offer: Stream Louis C.K. stand-up comedy and show on Amazon Video

While it’s been a generally accepted move in earning the trust and respect of his audience, C.K. informed Howard Stern on Monday that his latest program to adopt the business model has cost him “millions of dollars” in losses.

The Web show, Horace and Pete, stars Louis C.K. himself along with actor and director Steve Buscemi who portray co-owners of a family-owned bar. Its first season saw a stealth premiere on the comic’s website, LouisCK.net, back in January, with each of the 10 episodes selling for $2 to $5. To produce each episode, C.K. says, the expense was about $500,000.

The first four episodes of Horace and Pete saw such disappointing sales figures that Louis C.K. was forced to take out a new credit line just to complete the remaining six. What’s more, when Stern asked C.K. about securing financial support from outside sources, he responded with a simple, “Nah, I don’t do that.” As an alternative, C.K. explained that he’s using his own public image in an attempt to drive sales, citing television appearances and an Emmy campaign to draw an audience for his website.

“I believe that … by the summer, the show will have paid itself off,” he told Stern.

While the first four episodes gave C.K. “no cushion in life” by demanding a whopping $2 million from his own bank account, he expected to make enough from those to afford the next six. Unfortunately, this didn’t quite go as planned.

In turn, Louis C.K. plans to “sell [Horace and Pete] to another outlet … down the road.”

Although C.K. previously had the opportunity to air the show on FX, under his company’s first-look deal with FX Networks and FX Productions, if the network were to bid on the show now, it would be exempt from this agreement, according to Variety.

Nevertheless, C.K. is apparently convinced that the show will garner a profit later on, which may become the case after C.K. makes the entire season available as a bundle. As Variety’s sources claim, this option is in the works right now. And though the show doesn’t have much of an audience as it stands, it would likely be a welcome addition to Netflix’s growing catalog of original content.

Movies & TV

How Avengers: Infinity War’s Oscar-nominated VFX team made Thanos a movie star

The purple-skinned Thanos proved to be a breakout character in Avengers: Infinity War, thanks to the work of actor Josh Brolin and visual effects studios Digital Domain and Weta. Here's how they brought him to life and earned the film an…
Movies & TV

The Obi-Wan Kenobi Star Wars spinoff might be a TV show, not a movie

After years of reports that Obi-Wan Kenobi would get his own Star Wars movie, rumors indicate that the fan-favorite Jedi Master might star in his own streaming television miniseries instead.
Movies & TV

'Prime'-time TV: Here are the best shows on Amazon Prime right now

There's more to Amazon Prime than free two-day shipping, including access to a number of phenomenal shows at no extra cost. To make the sifting easier, here are our favorite shows currently streaming on Amazon Prime.
Movies & TV

Stay inside this winter with the best shows on Hulu, including 'Legion'

It's often overwhelming to navigate Hulu's robust library of TV shows. To help, we put together a list of the best shows on Hulu, whether you're into frenetic cartoons, intelligent dramas, or anything in between.
Movies & TV

Marvel’s streaming Loki series gets a plot summary and a showrunner

A Rick & Morty writer will oversee Marvel's Loki series for Disney Plus. Tom Hiddleston is expected to reprise his role for the show, while the series' premise offers a few hints as to how Loki might return from the dead.

Alita: Battle Angel’s big opening weekend leads weak holiday box office

New box-office champion Alita: Battle Angel outperformed expectations with its big premiere and positive reviews from critics, but Presidents' Day weekend is still off to a slow start.
Movies & TV

Why First Man’s Oscar-nominated visual effects are a giant leap for filmmaking

Paul Lambert, the award-winning visual effects supervisor on First Man, reveals the innovative techniques that blended old footage with modern movie magic to make the Apollo 11 mission to the moon resonate with audiences 50 years later and…

FA Cup: Watch Chelsea vs. Manchester United with ESPN Plus 7-day free trial

Chelsea and Manchester United are facing off in an exciting FA Cup match, with the fifth round - a tie match - slated for Monday. Die-hard fans of English football can stream the game anywhere at any time with ESPN Plus, and here's how to…
Movies & TV

Netflix completes its breakup with Marvel, cancels The Punisher, Jessica Jones

Two of Netflix's last-remaining Marvel shows have been canceled by the video streaming service. The Punisher is done after two seasons and Jessica Jones will be finished after its still-unreleased third season.
Movies & TV

Bill and Ted 3 celebrates the franchise's 30th birthday with excellent teaser

As the Bill and Ted franchise turns 30, a third installment that the cast and creative team call Bill and Ted Face the Music is officially in preproduction, though there are big hurdles to overcome.
Movies & TV

Amazon's Lord of the Rings series gets an interactive map of Middle-earth

Amazon Studios is betting big on its Lord of the Rings prequel series, which has a multiseason commitment and a budget of more than $1 billion. The series' first season will arrive by 2021.
Movies & TV

Here’s how to watch the 2019 Oscars livestream online

The 91st Academy Awards will air live on ABC, but there are also a number of ways to watch Hollywood's biggest night online using your mobile device, desktop, or set-top streamer. Here's how to catch the Oscars livestream.
Home Theater

Amazon ups the ante with Netflix, aims to release up to 30 movies a year

Netflix has a huge budget for both licensed and original content. But Amazon Studios isn't far behind. Studio chief Jennifer Salke revealed a plan to do 30 theatrical and direct-to-Amazon Prime titles this year alone.
Movies & TV

To drive its giant virtual world, Ready Player One needed a custom A.I. engine

Steven Spielberg and a visual effects team led by Roger Goyett built a new, virtual universe populated by a host of familiar characters for the Oscar-nominated Ready Player One, but they still had to maintain a powerful emotional depth in…