D. Pecker Direct/Steinglass
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Page 1149
Cohen a willingness to sell Mr. Trump the rights to Karen
McDougal’s story, the lifetime rights?
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A
Yes.
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Tell us about that?
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A
I told Michael Cohen that I would sign
–
I would sign
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the rights over to
–
I would sign the rights. And he asked
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me, it’s $150,000?
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I said, look, I said, you know, Karen is going to be
writing for the various magazines and visual sites. She is
going to appear on a couple of covers of the magazines. I
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value that at $25,000. So, I will retain, $25,000 as editorial
expenses, and I will bill you for the lifetime rights for
$125,000.
So, did you value the portion of the contract, the
$150,000 you had paid to that AMI had paid to Karen
McDougal, did you value the lifetime rights at $125,000?
Yes, I did.
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A
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And was that the price that you were willing to sell
the lifetime rights to Michael Cohen on behalf of Donald Trump
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for?
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A
Yes.
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Did you discuss the timing of the assignment of
23 rights?
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A
Michael Cohen wanted the contract done, yesterday, and
this is going towards the end of September. So, I facilitated
Susan Pearce-Bates, RPR, CCR, RSA
Principal Court Reporter