However, SiriusXM and Stitcher allegedly emailed the “Labor Day” actor in April informing him that, while they were “ready to call terms officially closed,” someone from upper management reviewed the contract and ultimately axed the deal.
James goes on to claim that during a July Zoom call, the company officially “reneged” on the deal, citing a “new policy” in which the finance team reviews all contracts and can choose whether or not things move forward, with them deciding to “reject this deal.”“This was contrary to what Defendants said during negotiations when they represented to Plaintiff that the deal terms were created in conjunction with the finance, creative and sales departments’ input and approval.
The actor believes SiriusXM/Stitcher should still be responsible for paying him at least the expected minimum, in addition to “general and compensatory damages” and attorney fees.with Plaintiff, resulting in the loss of the minimum guarantee as well as the value of using Defendants to build a brand and audience for this particular podcast series, as well as serve as Plaintiff’s gateway into the digital/podcasting space. As a result, Plaintiff has been damaged in an amount to be determined at trial, but which shall exceed $700,000.”
Sounds pretty...serious. *uppercuts comedy into the sun*
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