P. Diddy Closes Book on Suit
Apparently, P. Diddy is too busy living large to take the time to pen his memoirs.
The hip-hop impresario (real name: Sean Combs) has settled a lawsuit filed by Random House alleging that Combs never paid back a $300,000 advance he received for a autobiographical manifesto he never completed.
"The matter has been amicably resolved," Random House spokesman Stuart Applebaum said in a statement Tuesday. The financial terms of the deal were not revealed, but the publisher made it clear that it would not be releasing any literature penned by P. Diddy.
In Random House's court papers, filed in February, the publisher asked for the return of the advance, plus interest, stating that Combs and his company, Bad Boy, "simply kept the money they never rightfully earned."
Per the suit, Combs originally signed with Random House in 1998 and later arranged to collaborate on the project with Rolling Stone contributing editor Mikal Gilmore.
The publisher asked for a completed manuscript by Dec. 15, 1999, but the deadline passed with nary a written word submitted by Combs.
In early 2000, Random House informed the "All About the Benjamins" singer that he was in breach of contract and asked for the advance to be returned.
The publisher continued to request a refund from Combs "year after year" to no avail, according to court documents.
After Random House filed suit in February, the rap mogul's rep attributed the legal issues to a breakdown in communications.
"We anticipate that this will be resolved quickly," Diddy rep Rob Shuter said at the time.
Meanwhile, Diddy encountered his own difficulties with his proposed memoir along the way. In 2001, he sued Gilmore for allegedly accepting a $325,000 paycheck and subsequently exiting the project.
After Gilmore declared bankruptcy, the case was put on hold later that year and was eventually dismissed in 2004.
Though the world might have to wait for Combs' official memoir, the mogul manages to command his fair share of mainstream media ink in the meantime.
In the latest Diddy news, the hip-hopster no-showed at the Philadelphia Live 8 concert, denied that he's a deadbeat dad and signed over 50 percent interest in his Bad Boy Records label to Warner Music Group in a deal worth a reported $30 million.
Of course, Combs isn't the first celeb to renege on delivering his life story.
Mick Jagger once accepted a seven-figure advance to write his autobiography, but he eventually returned it, claiming he didn't remember enough of his exploits to fill a book. The Rolling Stones ended up releasing a joint memoir in 2003.





0 Comments
Now loading...