In 1967, Ball Sold Desilu For  is listed (or ranked) 12 on the list Lucille Ball And Desi Arnaz Founded A Production Company, And You Can Thank Them For 'Star Trek'
Photo: CBS Television/Wikimedia Commons/Public Domain
In 1967, Ball Sold Desilu For $17 Million


When Ball took over Desilu Productions as president in 1962, the studio was struggling. Revenues were down, and the only show produced by Desilu on the air was The Lucy Show. But Ball committed herself to turn things around to make the studio profitable again.

In 1967, Desilu was generating a profit, and Ball decided to sell her shares. She negotiated a deal with Paramount Studios, netting $17 million.

(For the source of this, and many other equally interesting history-related articles, please visit: