Gordon Gekko said greed is good, until you foot the bill
Hollywood divorce stories usually fall into three categories. The good-for-a-laugh-because-they-have-more-money-than-sense kind of story, the too-painful-to-read-story-of-betrayal (most recently, Sandra Bullock) and the unbelievable-jaw-dropping-can-they-really-do-that, kind. The subjects of today’s Lightweight are an example of the third kind.
Cue Diandra Douglas, the 52 year old ex-wife of actor Michael Douglas, who is claming half of the profits from his latest movie, Wall Street: Money Never Sleeps.
The Herald Sun reports that the ex-Mrs Douglas is, “citing a provision in the couple’s 2000 divorce that promises half the profits of any movies done by her famous husband during their two decades as man and wife -including residuals, merchandising and ancillary rights.”
But Mr Douglas, 65 years of age and currently married to Catherine Zeta Jones, is not having any of it. He’s arguing that his latest flick is a “sequel” and not a “spin-off” of the 1987 original and therefore, doesn’t count. And it’s a fair retaliation, when you consider that he’s reported to have already paid his ex-wife approximately $US45 million in their original divorce settlement.
But what do you think? Does she have a right to the money or not?
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