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Louis C.K. Nets $1M for Online Show, Pledges Charity Donations

 & Chloe Albanesius Executive Editor, News

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The earnings on comedian Louis C.K.'s Internet video experiment have hit the big time—$1 million to be exact. But C.K. will not be keeping the riches to himself, pledging to donate at least $280,000 to charity.

On Dec. 10, C.K. offered his one-hour "Live at the Beacon Theater" show for streaming or download for $5, free of any digital rights management (DRM). Initial tallies resulted in a $200,000 profit, but 12 days later, that number has ballooned to seven figures.

C.K. posted a screen grab from his PayPal account online, which showed $1,006,996.17 in available funds.

"That's a lot of money. Really too much money. I've never had a million dollars all of a sudden," C.K. said in a note on his Web site. "And since we're all sharing this experience and since it's really your money, I wanted to let you know what I'm doing with it."

C.K. said he will split the funds into four pieces: $250,000 to pay production and Web-related costs; $250,000 for a "big fat bonus" to his staff; $280,000 to charities like The Fistula Foundation, The Pablove Foundation, charity:water, Kiva, and Green Chimneys; and $220,000 for himself.

The groups took to Twitter to thank C.K. for his donation. "Huge thanks to @louisck for his incredibly generous donation," micro-lending organization Kiva said in a tweet. Pablove, which helps pediatric cancer patients, said C.K.'s donation was a "generous surprise."

"That leaves me with 220k for myself. Some of that will pay my rent and will care for my childen," C.K. wrote. "The rest I will do terrible, horrible things with and none of that is any of your business. In any case, to me, 220k is enough out of a million."

The show is still available online and C.K. pledged to "give more of it away" if he continues to rake in the cash.

About Our Expert

Chloe Albanesius

Chloe Albanesius

Executive Editor, News

My Experience

I started out covering tech policy in DC for The National Journal, where my beat included state-level tech news and all the congressional hearings and FCC meetings I could handle. I later covered Wall Street trading tech before switching gears to consumer tech. I now lead PCMag's news coverage.

My Areas of Expertise

Getting my start in DC means I still have a soft spot for tech policy; Congressional hearings can sometimes be as entertaining as a Bravo reality show, for better or worse. But PCMag is all about the technology we use every day, as well as keeping an eye out for the trends that will shape the industry in the years ahead (or flop on arrival). I've covered the rise of social media, the iOS vs. Android wars, the cord-cutting revolution that's now left us with hefty streaming bills, and the effort to stuff artificial intelligence into every product you could imagine. This job has taken me to CES in Vegas (one too many times), IFA in Berlin, and MWC in Barcelona. I also drove a Tesla 1,000 miles out west as part of our Best Mobile Networks project. Of late, my focus is on our hard-working team of reporters at PCMag, guiding and editing their robust coverage.

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