Quote:
Originally Posted by hometeam
he makes 500k per year for the show.
I have heard they are spending millions of drilling and costs associated with it, but they get a couple million in grants per year, and its funded by both the laginas, craig tester, and a silent partner.
I have to think that they are losing money devoting time and energy into oak island, instead of focusing on the gigantic energy business and winery they have.
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From my experience and from my readings, it's rare to make money off these shows.
I'm positive they're losing money every season. The show essentially mitigates the financial damage.
I know it's not close to the same thing, but our shop once did an episode on the Speed Channel back when that was still a thing.
The build took over 6 months to do with periodic filming. The $$$ we were paid barely paid for the wages. Luckily i was able to score most of the parts for the project from sponsors. (I'm sure ol' Marty gets at LEAST sponsored discounts or possibly even free labor from some of these 3rd party outfits).
Had i not been so successful at wheelin' and dealin' with some prominent manufactures, we woulda lost our ass on just that one episode alone.
I got probably at least $30K worth of parts for free.