Prince sued over botched fragrance deal, may owe $4 million
By Kim Palacios
hollywoodnews.com: Prince may owe as much as $4 million in damages to Revelations Perfume and Cosmetics, after allegedly reneging on a 2006 fragrance deal. The star was slated to promote the fragrance under his own name and in conjunction with his “3121” album; but by 2008, when this had not happened, legal action against the singer and Universal Music was pursued. Revelations claimed it spent more than $2.5 million for licensing privileges and agreed to give Universal Music half of the profits from the sale of the product. In return, Prince was expected to help market the fragrance.
Language from the law suit read as follows: “Since July 2007, despite repeated attempted by Revelations, there have been virtually no communications from anyone who could commit to or coordinate any promotional efforts by Prince.”
A current award of $3.95 million has been awarded by a court referee and is pending November 1st confirmation from a judge.
Prince’s lawyer told the New York Law Journal that the singer would fight to prevent the ruling from being confirmed.
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