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Sunday, April 15, 2012

Prince Loses Fragrance Company Lawsuit - Ordered to Pay Nearly $4 Mil


Prince has been ordered to pay $3.95 million to a fragrance manufacturer for failing to promote their line of 3121 scents, according to The Hollywood Reporter.

The ‘Controversy’ singer was sued by Revelations Perfume and Cosmetics back in 2008 because he did not follow through with a contractual agreement to endorse the company’s product line that had been inspired by his 2006 album 3121.

Court documents state that the beauty manufacturer spent a fortune on the ‘Purple One’s’ promotion and he neglected to meet his end of the deal.  Corporate heads accused Prince of not granting media interviews, refusing to attend in-store events and not handing out free fragrance samples at his concerts.  The lawsuit also contended that Prince even turned down the chance to sit down with talk show diva Oprah Winfrey in 2007, which he had allegedly agreed to do. His decision resulted in yet another missed golden opportunity to further promote the company’s fragrance.
Since July 2007, despite repeated attempts by Revelations, there has been virtually no communications from anyone who could commit to or coordinate any promotional efforts by Prince,” the lawsuit stated according to The Hollywood Reporter.
Since the minimum sales requirements weren’t met, the company decided to cancel the fragrance line licensing agreement. Even though the 54-year-old did not act with malicious intent, according to the judge, Prince still has to fork over $3,948,798.58 for the company’s exorbitant out-of-pocket losses.

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