6 months ago 23rd Apr 06:30
Prince is facing legal action from U.S. literary agents amid allegations he cut them out of a publishing deal they negotiated for him.
The singer reportedly agreed to be represented by the unnamed agency to secure distribution for a book documenting his 21-date residency at London's O2 Arena in 2007.
exclusive agent with respect to the negotiations of a publishing deal
According to the lawsuit, filed in Los Angeles County Superior Court onTuesday (21Apr09), Prince chose the company as his "exclusive agent with respect to the negotiations of a publishing deal" for the tome.
But Prince is accused of cutting off all contact with the agency duringthe final stages of the talks - and then going behind their backs to seal the deal.
Literary agents are seeking compensation for the 15 per cent commissionthey were due for setting up the deal, estimated at $200,000 (£137,930), reports Tmz.
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