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In a cover story for Variety ahead of Sunday’s Academy Awards, Oscar winner Mo’Nique reveals that she received just $50,000 and an inconsequential back-end deal for starring in Precious which went on to gross $47.5 million at the domestic box office.

“There was a backend, in all fairness. But the end it was behind, it was the double triple quadruple backend,” Mo’Nique explained.

She says she signed the contract because she trusted director Lee Daniels, who was a friend.

“Because Lee Daniels was my friend, he said, ‘This is what.’ And we said, ‘Okay.’ That movie made a lot of money all over the world. And again you have to ask yourself, ‘Why is it that we don’t take part in it [financially]?’ Myself and Gabourey Sidibe, we should have become multi-millionaires off that movie, had we been given the right information. We weren’t given the right information. If you’re not given the right information, it doesn’t allow you to negotiate fairly.

The Q&A continues below:

What’s the right information?

By them saying, “Let me lay everything out on the table. This is what this means, this is what this backend means.” I don’t think my friend will tell me anything that’s not right. But then you understand it’s business. It’s a lesson well learned, a costly one. You have to ask yourself if “Precious” is so successful, why is that I’m not getting offers that make sense because you see what happens at the box office? I don’t say it’s just because of me. It was a collective group. Everyone that took part was a big part of the success.

The budget of the movie was $10 million and it grossed $54 million domestically. Who made that money?

Someone did, my love. Can you please call them and ask them where it is?

Would you say your “Precious” contract was a bad one?

I want to play fairly and I want to say no, because I signed up for that. What I can’t do now is cry and say I was mistreated.

http://blackamericaweb.com/2016/02/23/monique-me-and-gabby-sidibe-should-have-been-rich-from-precious/

Tom Joyner News: Mo’Nique And Gabby Sidibe Should Have Been Rich From ‘Precious”  was originally published on wzakcleveland.com

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