After this week, it’s safe to say the stock has risen in MiMi Faust’s brand and that there is more anticipation than ever for “Love & Hip Hop.” Collectively, there are a lot of people shaking their heads, but VH1 execs should be happy. Obviously, MiMi Faust cares less what people think, say, or feel.
There was speculation since the photos hit the internet that MiMi Faust entered a business deal regarding the sextape. Finances are a recurring theme on both VH1 shows and Nikko Smith was catching heat from Stevie J and K. Michelle. Now, according to certain rumors, money should be no issue.
Media Takeout has taken on the story to reveal Vivid Entertainment wants in on this sextape, initially offering $100,000 for it. MiMi Faust held off on this and later reportedly received $5 million upfront. Once the first million copies are sold, MiMi could take 50% of the profits, possibly making $10 million.
