Remember like a year ago when a beauty company tried to separate Britney Spears from millions of her hard-earned money because they thought they’d been unfairly cut out of her perfume earnings? Spears has now settled the matter by paying them off.
TMZ reports that Spears has agreed to pay an undisclosed settlement to Brand Sense Partners, a beauty company that helped her ink the deal to create her scent Radiance with beauty powerhouse Elizabeth Arden. Brand Sense was supposed to get 35 percent of the profits from the deal.
But Brand Sense argued in its lawsuit that Britney and her father Jamie Spears negotiated their own contract with Elizabeth Arden that effectively cut them out of the deal. There’s no telling how much money Brand Sense is actually getting in the settlement, but if they were asking for $10 million, that must mean Radiance was selling pretty well. Curious, the first fragrance Spears released in 2004, broke the record for number of bottles of perfume sold in a week when it debuted, and her other fragrances haven’t been far behind. Last summer, Spears released another fragrance called Cosmic Radiance — again in partnership with Arden. Who knows if Brand Sense will get a cut of that, too.
The tagline for Radiance is Create Your Own Destiny, but it’s starting to look like it should have been Pay What You Owe.