Wednesday, April 27, 2011

[UPDATE!] SASHA FIERCE SUED FOR $100 MILLION


Beyoncé is being sued for over $100 million by Gate Five, a video game company that was contracted to develop a video game based around the iconic singer. Beyoncé reportedly demanded more money from the company.

According to the docs (link below), things became amiss during a "crucial moment in the project's development" when Beyonce made "an extortionate demand" for more money -- even though the two sides already had a deal in place. One of the project's backers described her conduct as "morally reprehensible."

As a result, Gate Five was forced to cancel all plans for the video game resulting in 70 people being laid off just before Christmas last year. The company also claims that they lost $100 million in potential profits from the game, which was to be called Starpower: Beyoncé.

The company is suing for its initial $6.7 million investment in the project in addition to the $100 million in lost potential profit.

SOURCE: TMZ
LEGAL DOCUMENTS: http://tmz.vo.llnwd.net/o28/newsdesk/tmz_documents/0426_beyonce.pdf

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