Jay-Z Is Owed $6.8 Million in Unpaid Royalties From a Perfume Company, N.Y. Court Rules

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Indonesia Berita Berita

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It's a win for Jay-Z. After a lengthy legal battle, the court rules in his favor, stating that he is owed $6.8 million in unpaid royalties from Parlux. JayZ

“There were multiple rational bases for upholding the jury verdict, and plaintiffs have not set forth a sufficient basis . . . to overturn it,” the panel ruled, according to the publication.

The whole debacle began in 2013 when the rapper launched a cologne called “Gold Jay-Z” in partnership with Parlux. In 2016, the perfume company sued the rapper, accusing him of failing to promote the fragrance, breaching the contract both parties agreed on, and dooming the product’s sales. Jay-Z countersued, claiming he had held up his end of the deal and that the company still owed him money,In late 2021, jurors largely decided in favor of Jay-Z following a three-week trial.

 

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