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Louis C.K. is $2 Million in Debt

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  • 2 years ago
Louis C.K. may not be $53 million in debt like Kanye West, but he's still in pretty deep. C.K.—who recently let on that he's probably done with Louie for good, even if you're not—made the revelation on The Howard Stern Show today while promoting his show Horace and Pete, the reason why he's $2 million in debt.

Horace and Pete, starring C.K. and Steve Buscemi, was written, directed, produced, distributed, and financed by C.K. He released the first episode of the 10-episode series on his website unannounced at the end of January.

According to Vulture, C.K. set out to use $2 million of his own money for the first four episodes of Horace and Pete expecting to make that money back in order to pay for the rest of the season. This was the plan as C.K. made episodes of Horace and Pete available weekly for audiences to purchase. The first episode was $5, while the second was $2, and every episode after that was $3.

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