Beyonce can’t dance away from a $100 million lawsuit this time around…
Gaming Company Sues Beyonce
Beyonce is performing at the Super Bowl halftime show next year, and there’s also a good chance she’ll appear in a New York court soon after for a potential jury trial.
Via Hollywood Reporter:
According to Gate Five Gaming, it had developed a technology that was better than the motion-driven video games on the market, that would track a far wider range of body movements than Nintendo’s Wii, and the game technology was presented to representatives for top-selling artists including Lady Gaga and the Black Eyed Peas, who purportedly expressed interest.
Ultimately, the company signed a deal with Beyonce, but the contract had a termination clause requiring certain financing by a certain date or else the singer could back out.
Gate Five alleges that it spent $6.7 million on the game and had a financier lined up to provide $19.2 million in financing when Beyonce exercised her termination rights, “the hundreds of millions of dollars in profits that Gate Five could have realized if she had honored the Agreement,” according to the lawsuit.
According to the ruling, issues of fact remain as to whether Beyonce intended to forgo her right to terminate the licensing agreement. The appeals court points to the record showing that she never objected to the loan as it was closing.
This lawsuit has been going on for a over a year. BeyBey might want to think about settling because putting folks out of work and flaking out of work is definitely not a good look for her public image.