Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 11-12-2006, 07:49 AM
MedMech
Guest
 
Posts: n/a
Brit back on the market.

and she seems to be smart enough to listen to her lawyers

http://www.dailymail.co.uk/pages/live/articles/showbiz/showbiznews.html?in_article_id=415888&in_page_id=1773

The full details of Britney's fortune
By Caroline Graham Last updated at 21:58pm on 11th November 2006


Music: £13.5m

ALBUMS

Britney's contract with Zomba Recording Corporation earned her £5.2million for her fourth album, In The Zone (2004). After recording costs and royalty fees had been paid, she earned £3,421,052. Her estimated earnings for future albums were put at between £4.2million and £5.2million each.

TOURS

Britney touring earned an average of £210,526 per night during the star's 2004 tour. Britney anticipates touring every two years, generating gross income put at between £10.5million and £23.68million. The 2004 pre-nup reveals she was waiting for a £5.2m insurance pay-out after cancelling dates that year due to a knee injury.

ROYALTIES

Britney is paid a 20 per cent royalty of the retail price of each album she sells. On average, she gets between 78p and £1.05 for each album. She also gets 50 per cent of the net income earned by Zomba in royalties for songs of hers included in films or adverts, a sum listed as high as £157,000 per film or ad. She receives royalties as the writer of two songs on her fourth album, put at £236,842. She is also paid public performance royalties each time songs she has written are played on the radio. In the documents this is described as "income that can reach as high as £342,105 in any given year".

Property and valuables: £11.5m

HOUSES £8m

Malibu home, above: Eight bedrooms, eight bathrooms, Olympic-size swimming pool: £5.2million.

Jointly owned apartment in Destin, Florida: £631,000

Apartment in Baton Rouge, Louisiana: £84,000

House in Kentwood, Louisiana (with pool house and carriage house): £2.3million

New York penthouse apartment, once owned by Keith Richards: £3.15million (sold summer 2006)

Apartment in Orlando, Florida co-owned with Justin Timberlake, £1m (sold in March this year)

JEWELLERY £170k

Britney bought her own engagement ring on June 23, 2004. The custom-designed platinum and diamond 5.21 carat ring, by designer Cynthia Wolff, is valued at £131,578 in the pre-nup documents. Tiffany diamond watch: £2,300

Vintage diamond clasp on pearl chain: £3,236

White gold and pink diamond Britney & Justin cross necklace: £7,894

Belly chain with brown diamonds: £500

Belly chain with pink diamonds: £2,000

Pink diamond chain ring: £5,157

Black gold and diamond Britney & Justin cross necklace: £6,842

Platinum necklace with one-carat butterfly shaped diamond and 1.5 carat intense pink diamond: £11,578

Pink and white diamond flower bracelet: £2,315

FORESTRY£3.1m

Britney owns vast swathes of forestry land in her native Louisiana valued at £3.1million.

Merchandise: £8.5m

PERFUME: £6m

Britney signed a five-year deal with Elizabeth Arden in February 2004 to launch her own range of perfumes, cosmetics and skincare worldwide.

She receives six per cent royalties of net sales but was guaranteed a fixed fee per year in the event that sales failed to meet expectations. In fact, her perfume, Curious, has become a bestseller.

She is guaranteed: Up to December 2005, £1.57million; 2006, £789,473; 2007, £1.31million; 2008, £1.57million; 2009, £1.05million - but projected earnings from fragrance sales are put at £14.5million over five years.

DOLLS, T-SHIRTS: £2.5m

Britney BRANDS received a £1.5million advance against sales of T-shirts, posters, calendars and key-chains sold during her 2004 concert tour. Sales of Britney dolls raked in £1.05million while income from fan club membership is estimated at £800,000 a year.

TV & Movies: 2m

Britney received £1.57million to star in the movie Crossroads. The pre-nup stated she was keen to focus on her film and TV career and put her potential earning capacity over the next five years as £15-£20million.

She earns £400,000 a time for TV specials on American cable channels such as HBO and Showtime.

Britney's character appeared in an episode of the Simpsons in 2000, left.

Magazines: £1.3m

In September 2004, American magazine People paid more than £500,000 for exclusive rights to pictures from Britney's 'faux' wedding - which they believed was the real thing. In December 2005, People paid £800,000 for the first photos of baby Sean Preston. The singer turned down £1million from Playboy, saying it was not appropriate to bare all as a young mother. She is now said to be in negotiations with Vanity Fair for baby Jayden's first photo session - but this shoot will be for free. Under the pre-nup Federline can share money earned as a family and Britney does not want him to benefit.

Endorsements: £11m

PEPSI £4.73m

Three TV commercials and print campaigns

TOYOTA £1m

Two TV ads and two print campaigns

SAMSUNG £2m

Sponsorship for 2002 tour and endorsement deal. One photo session and an appearance at a Samsung-sponsored motor racing event in Texas

NABISCO£950k

Sponsored spring leg of her 2002 tour

KIRIN £1m

TWO days shooting two TV ads for Japanese brewery

PROACTIV £500k

Britney's image used in ads for acne cream

SKECHERS £1m

Endorsement for Britney Spears-branded four-wheeler rollerskates

CASH IN THE BANK: £16.92m

As of June 30, 2004, in six accounts including Credit Suisse, Citizens Bank and Signature Bank

The pre-nup

In the document referred to as the Smith and Jones Cohabitation/Prenuptial Agreement, Britney and her husband agree to each have a one-half share of their £5.2million home in Malibu.

The agreement bans Federline for getting his hands on any of the money Britney made before their marriage or any money she makes from pre-existing deals and contracts during their marriage.

Any gift worth more than £5,263 requires a legal document signed between the couple stating who will own it if they split. If there is no legal document, Federline will be forced to hand back gifts from Britney such as his Harley Davidson motorcycle and his Ferrari.

An early draft of the pre-nup puts a cap on spousal support at £18,947 per year of marriage. This was later amended to £157,894, though legal jargon effectively means he gets this for every TWO years of marriage. Each is banned from writing books or giving interviews about their relationship without the other's prior consent.

The fake wedding

Documents were hastily drawn up to protect Britney prior to the couple's much- publicised 'wedding' on September 18, 2004.

The media had found out about the ceremony but Federline had yet to sign the pre-nup so, while Britney, wearing a £50,000 Monique Lhuillier gown, acted the blushing bride, the reality was that her lawyers had drawn up a four-page document protecting her interests.

The extraordinary fake marriage agreement states: "The parties hereby agree they intend to participate in a "faux" wedding ceremony with one another on September 18, 2004; however, they do not intend to and shall not validly marry one another on said date.

"On September 18, 2004, the parties' "faux" marriage shall not be solemnized.

"The parties shall not declare in the presence of the minister performing their "wedding ceremony" or in front of any witnesses that they "take each other as husband and wife".

"Britney represents and warrants that she understands and agrees that the alleged "wedding ceremony" in which the parties intend to participate shall not be a lawful California marriage."

The divorce

Federline will receive £157,894 in spousal support. The pre-nup states this is the sum he will get for every year of his marriage, up to half the number of years he has been married. As the marriage only lasted two years, this is his total settlement. It is not known whether it will take the form of a one-off payment of monthly instalments.

Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 10:55 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page