Louis C.K.'s series ‘Horace & Pete’ has left him with ‘millions of dollars in debt'

April 12, 2016 12:43 PM

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The comic told radio host Howard Stern on Monday that he is “millions of dollars in debt” over season 1 of the drama series, which premiered unannounced on his website LouisCK.net in January. Low sales for the first four episodes forced him to take a line of credit out to complete the subsequent six episodes. C.K. claimed that each roughly hour-long episode, which C.K. has sold a la carte for $2-5 a piece, costs about $500,000 to make.

Asked by Stern whether he had sought any outside financial backing for the show, C.K. said, “Nah, I don’t do that.” Instead, he said, he is relying on a publicity push that includes television appearances and an Emmy campaign to drive viewers to the show, and to his website. “I believe that … by the...

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