Beyonce Settles Video Game Company Lawsuit

photo:guardian.co.uk

Grammy award winning singer Beyoncé Knowles has settled a $100 million lawsuit with video game company Gate Five for allegedly backing out of a deal to create her own motion-capture dance game.

NDTV reports, lawyers for both parties signed an agreement dismissing “all claims or counterclaims” without legal fees and filed the papers in Manhattan Supreme Court on June 14, 2013.

Peter Gallagher, the gaming company’s lawyer told the New York Post’s Page Six: “We’ve settled amicably. I can’t discuss the terms of the settlement, but it was resolved.”

The 31-year old singer reportedly dropped out of the deal last winter because she claimed that Gate Five had not secured the funding they had promised. According to the company, Beyonce had ditched the deal and claimed it lost its nearly $7 million investment, also causing 70 people to lose their jobs.

The terms of the agreement were not disclosed.

Darn! We were looking forward to playing “Starpower: Beyoncé” ;)

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