Jay-Z Wins $4.5M In Royalties For Cologne Sales

Parlux had sued Jay in 2016, claiming he failed to hold up his end of the promotional bargain when they teamed up to launch his cologne, Gold Jay-Z. The company said the whole deal was a stinking disaster because the rapper refused to do media and public appearances to pump up sales when the fragrance dropped in 2013. Parlux wanted $18 million fron Hov but now he's effectively turned the financial tables on Parlux. On Thursday, an appellate court ruled Jay is entitled to the $4.5 mil in royalties from past cologne sales which he had requested during the NYC trial last fall. That jury said Mr. Carter didn't owe Parlux a dime, but also rejected his royalties demand. However, the appellate court overruled the jury decision, so big win for Jay-Z.

SOURCE