Yes, my former business partner![]()
I can't reveal the exact terms, but between the initial payouts and the ongoing payouts that AJ has made, the deal would be worth a minimum of about two years gross, and could end up being substantially more depending on our continued growth rate.
But, to be fair, part of the reason the deal was structured that way was the imminent launch of our DVD line, which we (correctly) guessed would grow to be a substantial portion of our total revenues, and the fact that Ryan sold to AJ right at the time we were beginning a significant growth phase.
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