Sean 'P Diddy' Combs has settled a lawsuit issued by publishers Random House over allegations the hip hop mogul failed to complete his memoirs as contracted.
As previously reported, the publishing company launched the litigation in Feb this year, claiming they paid P Diddy $300,000 in 1998 as an advance for the promised autobiography, which never materialised. The book was originally meant to be ready for publication at the end of 1999.
Yesterday a spokesperson confirmed that the matter had been "amicably resolved" and that the publisher would no longer be publishing a book by P Diddy. A spokesman for the rapper declined to comment.
The deal may well have left Combs out of pocket. He independently arranged a deal with writer Mikal Gilmore to collaborate on the book and paid Gilmore a reported $325,000 advance. After Random House first accused Combs of being in breach of contract for not delivering a manuscript, his lawyers sued Gilmore claiming that it was the writer who had bailed on the project. Combs' lawsuit was looking for Gilmore to repay his advance but the legal action was dropped after the writer declared himself bankrupt last year.