Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts
Tuesday, November 18, 2008
Singer Prince Being Sued by Perfume Maker
The singer Prince is being sued by a perfume company named Revelations Perfume and Cosmetics Inc. that claims that he and his music publisher didn't honor a contract to help market a fragrance named after the album "3121." The company says that it licensed Prince's name, likeness, and the "3121" album to market the fragrance. The company says that it spent $2.5 million and agreed to pay Universal half of the net profits from the sales of the perfume but Universal and Prince haven't participated in promotions since the fragrance launched in July of 2007.
Saturday, November 3, 2007
Hollywood Writers Go On Strike
Film and TV writers plan to go on strike Monday against the largest media companies over profits from DVDs and Internet programming. The Writers Guild of America board members voted to start the strike at
The strike may have a big effect because all production will be stopped. The entertainment industry contributes about $30 billion a year and $80 million a day to
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