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BREAKING NEWS

Teen Mom Farrah Abraham Sells Sex Tape For FAR LESS Than Her $2M Asking Price

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April 29 2013, Published 8:29 a.m. ET

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Although only a week ago, Teen Mom Farrah Abraham told Dr. Phil she wouldn't take less than $2 million for the porno flick she made "to look back on when she’s older," she has reportedly closed a six-figure deal -- far less than the $2 million-plus she originally sought for the X-rated tape.

After bringing her dad along to her sex tape negotiations with founder and co-chairman of Vivid Entertainment, Steve Hirsch, the adult film studio has reportedly agreed to pay the Teen Mom star somewhere in the high six figures for the porno flick she made with adult film star James Deen.

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The news comes after Farrah, 21, claimed she wouldn't take less than $2 million for what she referred to as a “personal video.”

“I’m a great woman, mother and entrepreneur. As for the company who has a copy of my personal video, my lawyer is taking care of that matter. I will not be settling for anything less then a couple million,” Farrah said in the statement earlier this month.

“I wanted my own personal video made and photos taken for myself, when I am older I will have my best year to look back on. I’m happy to see my 21st year be done. I’ve learned a lot.”

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But apparently Hirsch, who is said to have been interested in the tape since the beginning, got the young mom of a three-year-old daughter to meet him somewhere closer to the $1 million mark.

Vivid reportedly agreed to pay Abraham nearly $1 million for the 70-minute-long porn, which will be titled Farrah Superstar: Backdoor Teen Mom.

As RadarOnline.com previously reported, Abraham shot the porn tape with Deen after previous attempts to sell another sex tape she had made with an ex-boyfriend failed, because the proper releases weren't obtained.

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