Remember the viral video which featured a kid who got kicked by a train conductor while attempting to take a video selfie?
Well that kid has reached a new deal with Jukin Media, a video licensing company. Because the video is obtaining views at a rapid pace, it will be able to earn anywhere between $2 and $16 per 1,000 views. The kid, Jared Frank, is expected to take 70 percent of those earnings which could be between $30,000 and $250,000 according to estimates.
Jukin Media will now have the right to license the video to any companies who want to use it for their own purposes. They’ll also take 30 percent of whatever money the video makes through ads.
Frank plans to use the money on film school and told CBC News that he trusts the licensing company which is handling the video’s financial potential.
Source: The New York Post