Greed is Good
Greed also apparently has a last name – Douglas.
Diandra Douglas is taking ex-husband Michael to court, seeking half of all the money he earns from his upcoming film, Wall Street: Money Never Sleeps. (Dumbest. Title. Ever).
Diandra divorced Michael in 2000, getting a hefty $45 million settlement from the actor, including half of any money he earns from merchandise, residuals, or spin-offs from movies he made from the time they got married in 1977.
Diandra’s argument is that Wall Street: Money Never Sleeps is a spin-off, so it qualifies under the terms of the divorce settlement, while Michael is claiming that it’s a sequel, so she shouldn’t get anything.
Yeah, I thought a spin-off and a sequel were basically the same thing too, but apparently not. At least not legally. Sequels are separate entities from the original work entirely, while a spin-off takes the premise and/or characters from the original work and puts them in a different environment or medium.
Stay tuned. This fight’s just getting started.
