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Barstool Sports CEO David Portnoy went on the Call Her Daddy podcast feed to explain why the two popular hosts are no longer broadcasting their show. Hosts Alexandra Cooper and Sofia Franklyn have not released an episode since their fight began with Portnoy last month.
Portnoy tells the story of how he found Alexandra on Instagram and after 6 to 8 meetings a 3-year deal was signed that included Barstool owning Call Her Daddy, including the intellectual property. An agreement was signed where both hosts would be paid about $70K per year with bonuses based on downloads.
The show launched and became an instant success. At some point, Portnoy says, after about 6 months Alex asked for a raise and he gave it to her. He goes on to say, after one year, he knew they wanted more money. The podcast is gigantic and Portnoy says he was more than happy to renegotiate. He then received an e-mail from a lawyer asking for a new deal and the intellectual property issue came back up again.
Portnoy goes on to say that Alexandra made over $500,000 after year one and Sofia made $460,000 so they were not getting dirt money as he puts it. The extra money came from the bonuses based on downloads, which were huge. But the hosts wanted more. A lot more.
During the podcast Portnoy says he broke off negotiations, following the hosts’ demand for even more money, 50% of everything sold and the return of all intellectual property. And as the hosts started to shop their show around to others, so he threatened to sue them because they were still under a 3-year contract.
Listen to Portnoy explain the entire situation HERE including a deal he said he made them 3 weeks ago which guaranteed them $500,000 each and an early release from their contract.