Parlux ordered to pay US$6.78 million to Jay-Z in unpaid royalty dispute

Parlux ordered to pay US$6.78 million to Jay-Z in unpaid royalty dispute

THE WHAT? Parlux has been ordered to pay US$6.78 million to Jay-Z by a New York court after losing a lawsuit in which the perfumer manufacturer accused the rapper of failing to promote his perfume under the terms of their contract, according to a report published by The New York Post.

THE DETAILS Manhattan Supreme Court Justice Andrew Borrok calculated the unpaid royalties together with interest following an appeals court ruling.

THE WHY? Lawyer to Jay-Z, Alex Spiro told The Post, “We’ve been awarded and will be receiving the money as we should.” Parlux has lodged an appeal and did not respond to comment when contacted by The Post.

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