UPDATE: “The Hawaiian Adventures of Captain Democracy”, enters into book deal negotiations with the N.Y. Times and NBC Corporation N.Y. N.Y. for $13,000,000.00/co-author journalist Dawn Fratangelo agrees.

Published: August 2, 2007, 5:20 pm

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Overview of Contract book deal: N.Y. Times has the exclusive rights to the cartooning of the character Captain Democracy for syndicated print news. The N.Y. Times also takes a share of 33% of the book sales to be published in twenty-seven languages and distributed in eighty-seven countries. NBC Corporation has the exclusive rights to the Television Cartooning of Captain Democracy, and will pay royalties of thirty-three percent of gross profits to the person known as Captain Democracy and said royalties will be split 50-50 with journalist Dawn Fratangelo. NBC also will share a percent of the book sales at thirteen percent of gross profits before taxes. thirty three percent of the thirteen million dollars shall be payed by both the N.Y. Times and NBC Corporation at the signing of this contract and another thirty three percent shall be payed on first draft delivery. final payment shall be payed thirty three percent at the time of publication, a bonus of $8,000,000.00 shall be payed

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