EXCLUSIVE: The Orchard has confirmed that it is wrapping up a deal to sell the global rights for I Love You, Daddy back to filmmaker and star Louis C.K.
The Orchard acquired worldwide on the black-and-white comedy out of the Toronto Film Festival for $5M. C.K. reportedly will pay back any money received from that MG as well as any marketing costs (roughly $500K-$1M) incurred by the Orchard. As a result, the Orchard will not incur any financial setback from the return deal. Such money spent includes a brief awards mailing numbering 12,000 DVD screeners to AMPAS, SAG, Golden Globes and Critics’ voting members.
C.K.’s attorneys at Sloane, Offer, Weber & Dern have been working on the deal with the Orchard. His former 3 Arts manager Dave Becky, who is named as a producer on I Love You, Daddy, hasn’t been involved in the return deal as he dropped his client following the scandal.
No word as to when C.K. plans to release the film or, if so, whether it will be on his website. The comedian streamed his 10-episode independent dramedy series Horace and Pete on his site last year, finding an immediate audience among his fans.
After being accused of sexual misconduct throughout his career last month, and losing his production deal at FX, as well as Orchard completely terminating the release of I Love You, Daddy, C.K. said in a November 10 statement that he “spent my long and lucky career talking and saying anything I want. I will now step back and take a long time to listen.”
When The New York Times published its story last month about five women accusing C.K. of sexual misconduct, The Orchard immediately put the brakes on a New York premiere of I Love You, Daddy and pulled the pic from its planned November 17 release. In addition, having overseen the pic’s foreign sales, Orchard stopped those deals and made sure its partners weren’t financially impacted.
However, an awards mailing was already underway with voters receiving I Love You, Daddy screeners. A mini black market for the film’s screeners appeared on eBay, and the Orchard has been working with the online retailer to quash those sales. It’s easy to indicate which voter from which group is attempting to sell copies based on the DVD’s cover.
Given C.K.’s scandal, there are elements in I Love You, Daddy that hit too close to home: In the movie, a character pretends to masturbate in front of other people (which is what some women accuse C.K. of doing), and other characters appear to dismiss rumors of sexual predation. I Love You, Daddy follows a TV writer (C.K.) whose teenage daughter (Chloe Grace Moretz) becomes the obsession of a much older filmmaker (John Malkovich).