According to the lawsuit, filed in New York State Supreme Court, Prince and his music publisher Universal Music Publishing Group reached a licensing agreement with perfume company Revelations in December 2006 to use Prince's name and likeness and the name "3121" to market two fragrances.

According to the agreement, Universal would earn 50 percent of the net profits from the sale of the fragrances. In exchange the label would arrange the cooperation of Prince for marketing opportunities, the lawsuit said. [What's in this for Prince?] - more on this story

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