Literary Rights to ‘Roots’ Sold Cheap to Florida Investor

The widow of the late Alex Haley has been forced to sell the literary rights to Roots for a measley $10,000. The buyer is an investor from FLorida who purchases \”unusual\” assets. \”Investor, John Palumbo, said the short-term financial reward is not a motive because the annual royalties amount to a few thousand dollars a year. A spurt of interest in Haley\’s work in the future could result in additional payoff for him. \’Regardless of what comes out of it, it will make a good conversation piece,\’ he said.\”
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September 12, 2002 by Uncategorized 0

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