Interviewing Nixon cost me £37m, David Frost reveals
Sunday 22 October 2006
When the disgraced ex-US president Richard Nixon, conceded he had deceived the nation and "let down" his people, David Frost was assured a place in television history.
Now, for the first time, Sir David has revealed just how much it cost him, financially, to secure the interview. He believes he would now be some £37m richer had he not humbled Nixon on TV, but says he has no regrets.
Writing in a new book, Shooting Stars, Sir David described it as "one of the riskiest ventures on which I've ever embarked.
"After Richard Nixon's resignation from the presidency in 1974, I became determined to interview him in depth, to resolve the questions left unanswered by his grimly unapologetic departure. American broadcasters were eager to do just the same thing, and to secure Nixon's participation I had to outbid them. That meant making him an offer of $600,000, or around £3m in today's money. The only way I could raise the cash was to use the one real asset I owned, a 5 per cent stake in London Weekend Television. I sold my shares and threw the money into the venture. If I'd kept them, they would have been worth £37m when Granada took over LWT in 1994. But I would still have made the same decision."
Sales of the tablet are set to fall again, say analysts
Trend which requires crisps, a fork and a strong stomach is sweeping Mexico's streets
George Lucas criticises the major Hollywood film studios
Does Chris Grayling realise what a vague concept he is dealing with?
Parties threaten resort's image as a family destination
Isis in Kobani: US resupplies Kurdish fighters by plane - then Turkey allows reinforcements through its border
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Banksy arrest hoax: Internet duped by fake report claiming the street artist's identity has been revealed
Super-sized ships arrive in Britain: How big can they get?
Former East 17 frontman Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Banksy arrest hoax: Internet duped by fake report claiming the street artist's identity has been revealed
- 3 Are you ready for Crazy Doritos, the red-hot snack food craze sweeping Mexico’s streets?
- 4 Drink alcohol and eat meat to improve male fertility - but cut down on coffee, studies suggest
- 5 Former East 17 frontman Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
£18 - 25k (DOE): Guru Careers: A Drupal Developer / Web Developer (Drupal / PH...
£35000 - £40000 per annum: Sauce Recruitment: As the Programmatic Business Dev...
£20000 - £25000 per annum + Uncapped Commission: SThree: Trainee Recruitment C...
competitive + bonus + benefits: Sauce Recruitment: My client is looking for an...