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Columbia Says P.Diddy Is A "Bad Boy," Files Suit
Columbia Pictures recently filed a federal lawsuit against Sean "P. Diddy" Combs and his Bad Boy Records for failing to pay the film company and other parties $532,000 for their prodution on 2003's blockbuster, Bad Boys 2.
Columbia claims Diddy and Bad Boy Records didn't honor their obligation to pay up to $1 million in up-front costs for producing the 2003 soundtrack to Bad Boys 2, which starred Will Smith and Martin Lawrence. The CD featured appearances by Beyonce, 50 Cent, Nelly, Jay-Z and Snoop Dogg.
According to the suit, filed in Manhattan, Bad Boy Records has only paid $27,835 of the production costs and a balance of $532,845 is still owed. The suit is seeking $1.6 million in back payments and damages for breach-of-contract.
Meanwhile, Diddy feels a misunderstanding lead to Columbia's suit. "This is a misunderstanding which we believe has been resolved and anticipate that the lawsuit will be withdrawn shortly," a spokesman for the rapper told the New York Post.
A source close to Diddy asserted that the mogul didn't mean to stiff Columbia and has been busy moving Bad Boy from Universal Music Group to Warner Music.
Source: sohh
Columbia claims Diddy and Bad Boy Records didn't honor their obligation to pay up to $1 million in up-front costs for producing the 2003 soundtrack to Bad Boys 2, which starred Will Smith and Martin Lawrence. The CD featured appearances by Beyonce, 50 Cent, Nelly, Jay-Z and Snoop Dogg.
According to the suit, filed in Manhattan, Bad Boy Records has only paid $27,835 of the production costs and a balance of $532,845 is still owed. The suit is seeking $1.6 million in back payments and damages for breach-of-contract.
Meanwhile, Diddy feels a misunderstanding lead to Columbia's suit. "This is a misunderstanding which we believe has been resolved and anticipate that the lawsuit will be withdrawn shortly," a spokesman for the rapper told the New York Post.
A source close to Diddy asserted that the mogul didn't mean to stiff Columbia and has been busy moving Bad Boy from Universal Music Group to Warner Music.
Source: sohh