Harvey Weinstein ‘refused to pay’ Kevin Smith royalties for Clerks

peoplemagazine.co.za:

Harvey Weinstein refused to pay Kevin Smith royalties for their 1994 movie Clerks, the filmmaker has alleged. The 49-year-old sold his first movie to the 68-year-old film producer at the 1994 Sundance Film Festival, when Harvey ran distribution and production company Miramax.

He reportedly paid $227,000 (£182,299) for the movie, but they agreed that Kevin could receive a backend if the film became profitable.

Despite the cult hit grossing $3.2 million (£2.6 million) in North American theatres that fall, and earning tens of millions more in VHS sales, Kevin told Variety he’s “still out (of) money.” “It took seven years for us to see any profit from that movie.