Marilyn’s estate is suing a Chinese merchandising company for $22 million over a botched licensing deal, The Blast reports.
“According to court documents obtained by The Blast, the estate says they reached a licensing agreement with Alba Longa Concepts in 2016. The deal called for the production and manufacturing of a ‘line of defined consumer products, including sunglasses, watches, luggage, bags, leather accessories scarves, footwear, apparel, dinnerware, drinkware, barware and flatware, in China.’
The estate says the deal was to run for 10 years and promised them a ‘Guaranteed Minimum Royalties’ payment of $1,000,000 the first year, $1.5 million the second, and $2 million for each year thereafter.
According to the suit, the estate says they had the right to terminate the deal if they breach the contract by not making a scheduled payment within 10 days of being served notice that a payment is overdue.
Here’s where the big money comes in: Marilyn Monroe’s estate says that the deal provides that in the event of any breach by Alba Longa Concepts, all ‘Guaranteed Minimum Royalties’ payments for the length of the contract would become immediately due.
Monroe’s estate says Alba Longa Concepts breached the agreement on December 1, 2016 when they failed to make a payment. The estate says over the next year, they notified Alba Longa Concepts several times about the breach, but nothing was done.
Now the estate is suing, claiming they are owed $18.5 million for the missed royalties payments, plus another $4.48 million they claim they are owed in missed payments related to licensing the trademark.
They are seeking the money they are owed, plus 1% interest per month.”
In January, exhibitions featuring Milton Greene and Douglas Kirkland’s photographs of Marilyn opened in London and Amsterdam. In New York, the Museum of Modern Art paid tribute to Marilyn’s choreographer, Jack Cole. Also this month, James Turiello’s book, Marilyn: The Quest for an Oscar, was published. And Edward Parone, assistant producer of The Misfits, died.
In April, a special edition of Vanity Fair magazine – dedicated to MM – was published. A campaign to save Rockhaven, the former women’s sanitarium where Marilyn’s mother Gladys once lived – was launched. And actress Anne Jackson – wife of Eli Wallach, and friend to Marilyn – passed away.
In May, Marilyn graced the cover of a Life magazine special about ‘hidden Hollywood’, and Sebastien Cauchon’s novel, Marilyn 1962, was published in France. Cabaret singer Marissa Mulder’s one-woman show, Marilyn in Fragments, opened in New York, while Chinese artist Chen Ke unveiled Dream-Dew, a series of paintings inspired by Marilyn’s life story. The remarkable collection of David Gainsborough Roberts was displayed in London. Finally, Alan Young – the comedian and Mister Ed star, who befriended a young Marilyn – died.
In July, the birthday celebrations continued in Marilyn’s Los Angeles hometown with tributes from painter David Bromley, and another Greene exhibition. A new musical, Marilyn!, opened in Glendale. Rapper Frank Ocean appeared alongside a Monroe impersonator in a Calvin Klein commercial. And Marni Nixon, the Hollywood soprano who sang the opening bars of ‘Diamonds Are a Girl’s Best Friend’, passed away.
August 5th marked the 54th anniversary of Marilyn’s death. Also this month, it was announced that Seward Johnson’s ‘Forever Marilyn’ sculpture may return permanently to Palm Springs. April VeVea’s Marilyn Monroe: A Day in the Life was published, and Marilyn’s role in Niagara was featured in another Life magazine special, celebrating 75 years of film noir.
In September, Marilyn: Character Not Image – an exhibition curated by Whoopi Goldberg – opened in New Jersey. Terry Johnson’s fantasy play, Insignificance, was revived in Wales. Two locks of Marilyn’s hair were sold by Julien’s Auctions for $70,000. And author Michelle Morgan published The Marilyn Journal, first in a series of books chronicling the Marilyn Lives Society; and A Girl Called Pearl, a novel for children with a Monroe connection.