Publishing company Random House announced today (July 13) that they have settled
a dispute with Sean “P. Diddy” Combs over royalties advanced to the
mogul for his memoirs.
The company filed the lawsuit
against the mogul on February 14, claiming that Combs never repaid an advance
issued in 1998 for his autobiography, which was to be delivered the following
year.
The memoirs were to be written
for Random House’s Ballentine imprint with contributing Rolling Stone
writer Mikal Gilmore, but the book never materialized.
Shortly after the lawsuit
was announced, Combs’ publicist Rob Shuter said the lawsuit was a simple
misunderstanding between Combs and Random House.
"We anticipate that
this will be resolved quickly," Shuter said in February.
Random House spokesman Stuart
Applebaum told Reuters that Random House will not be publishing Combs’
memoirs.