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Fifty Shades publisher 'must set aside' $10m in royalties spat | Fifty Shades publisher 'must set aside' $10m in royalties spat |
(about 1 hour later) | |
A woman who helped publish the Fifty Shades series but was defrauded out of royalties could be set to receive millions of dollars in damages. | A woman who helped publish the Fifty Shades series but was defrauded out of royalties could be set to receive millions of dollars in damages. |
A US judge ordered Australian Amanda Hayward to set aside $10.7m (£6.9m) for Jennifer Pedroza, a Texas resident. | A US judge ordered Australian Amanda Hayward to set aside $10.7m (£6.9m) for Jennifer Pedroza, a Texas resident. |
The pair were partners in a small online publishing firm that initially issued the blockbuster erotic trilogy. | |
A jury decided in February that Ms Pedroza had been conned when the rights were sold to Random House. | A jury decided in February that Ms Pedroza had been conned when the rights were sold to Random House. |
It found that Ms Hayward, who signed the deal on behalf of their firm The Writers Coffee Shop, tricked Ms Pedroza into signing a restructuring contract that cut her out of royalties rights. | |
The judge said an exact amount of the settlement would be worked out once the two sides had reached agreement. | The judge said an exact amount of the settlement would be worked out once the two sides had reached agreement. |
The Fifty Shades trilogy, by EL James, has sold more than 100 million copies worldwide, and a recent film adaptation of Fifty Shades of Grey netted more than $570m (£368m) at global box offices. | The Fifty Shades trilogy, by EL James, has sold more than 100 million copies worldwide, and a recent film adaptation of Fifty Shades of Grey netted more than $570m (£368m) at global box offices. |