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RihannaRihanna has been offered a settlement of over $10 million in her legal battle against her former accountants.

The "Diamonds" hitmaker had taken action against Peter Gounis and his firm Berdon LLP, claiming their poor financial advice had led to her losing a reported $9 million in 2009, and though she was initially suing for $35 million, the New York Post newspaper claims the firm have offered a settlement and the paperwork to end the case will be signed later this week.

In her claim, Rihanna - whose real name is Robyn Fenty - said the firm advised her to buy a $7 million house, even though they knew she was "bleeding cash."

"The defendants advised Ms. Fenty by e-mail that purchasing a home in Los Angeles 'would be a good investment' despite knowing Ms. Fenty was experiencing financial difficulties," her lawyer Edward Estrada wrote in legal documents.

Click to continue reading Rihanna Offered Settlement in Accountants Case

Gallery: Rihanna Offered Settlement in Accountants Case


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Black Eyed PeasBlack Eyed Peas are set to return next year.

The "I Gotta Feeling" group - will.i.am, Fergie, apl.de.ap and Taboo - are getting back together for their first studio album and tour since The Beginning in 2010. "The Black Eyed Peas are all in agreement they should put a new tour on for the fans - it's not like they properly split when they parted for a hiatus in 2012. This time around they're going to head back into the studio and lay down a new album quickly and then hit the road once again. Will.i.am has been instrumental in persuading all the Peas to get back into shape and hit the road again," a source said.

The source says new mother Fergie - who has five-month-old son Axl Jack with her husband Josh Duhamel - has been holding the process up. "Fergie's been stalling and wants to hold out for as much money as she can guarantee. She's got a baby now and needs it to be a very worthy amount to make her take her baby on the road," the insider added.

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Abbie CornishAbbie Cornish wants to be a rapper.

The RoboCop actress is determined to pursue a career in hip-hop and has admitted she's currently recording an album, which she is hoping to release later this year.

"I'm half-way through it [the album]. I go back into the studio at the end of February. It should be finished soon. It should be released toward the end of the year," she said.

The 31-year-old star takes inspiration from Eminem, but insists her music taste is varied: "My favorite rapper is Eminem. But my music collection goes from classical to jazz to blues. My favorite era is the sixties and seventies. I have a very eclectic taste in music."

However, the blonde beauty insists her studio collection won't contain lots of covers because she prefers to write her own tracks and she's also lined up some collaborations. "I compose and write. I'm working with a lot of producers and musicians," she explained.

Gallery: Abbie Cornish to Release Rap Album?


RihannaRihanna claims she was "effectively bankrupt" in 2009.

The "Only Girl in the World" hitmaker blames her accountants' poor decision making for her fortune dwindling away from $11 million in cash at the beginning of the year to $2 million several months later.

In documents filed in her gross mismanagement case against the accountancy firm, Berdon LLP, Rihanna claims they gave her the go-ahead to buy a house priced between $7 and $7.5 million, which she did - and later sold for a $2 million loss. To further add to her financial woes that year, the singer's expenses "doubled," TMZ reports. In the lawsuit, Rihanna also claimed her 2009 Last Girl on Earth tour was losing money but she was never warned of this by the accountants.

Berdon previously claimed Rihanna's own "financial action or inaction" or those of people working for her caused her to lose money, not their decision-making. They also dismissed the "Diamonds" star's previous objection she paid an "above-average" commission of 22 per cent as something she had signed off on herself.

Click to continue reading Rihanna Suffered Financial Troubles

Gallery: Rihanna Suffered Financial Troubles


Missy ElliottMissy Elliott is set to make a comeback.

The American rapper and producer is planning her return to music nine years after releasing her last album The Cookbook and has hinted she could follow in Beyonce's footsteps and surprise fans. In a chat with Yahoo's The Yo Show, Missy said, "When I create something, it's gotta be special, and it can't just be to throw something out there because I feel like I'm Missy. I gotta feel like what I'm giving the fans is 100 per cent and that it's game-changing. I don't just throw out microwave records."

Missy confirmed her comeback album is imminent but when quizzed about the release date, she replied, "I just ain't telling nobody when."

After stepping out of the spotlight in 2005, she began producing and lending her vocals to singles by Monica, Keyshia Cole, Jazmine Sullivan and Jennifer Hudson. Since 2007 Missy has teased her seventh album, Block Party, with a handful of singles including "Best, Best," "Ching-a-Ling" and "Shake Your Pom Pom," but the full record has never been released.

Click to continue reading Missy Elliott Is Planning a Comeback

Gallery: Missy Elliott Is Planning a Comeback


Pharrell WilliamsPerhaps Pharrell shouldn't break out the champagne glasses for his Grammy wins just yet.

The 40-year-old producer/singer/Arby's hat lover has been accused of stealing the rift from the 2004 Franz Ferdinand song "Take Me Out" for the Paloma Faith track he produced, titled "Can't Rely on You."

"Hey @Pharrell - I love your tunes. If you want to borrow a riff, just ask... [sic]," Alex Kapranos - Franz Ferdinand frontman - wrote on Twitter yesterday.

Although Kapranos seems to have taken the plagiarizing in good humor (he later pointed out another similarity between a popular contemporary tune and one from 1986: "THAT's what it is! Royals by Lorde sounds like You're The Voice by John Farnham. A wee bit."), Pharrell has yet to respond. Kapranos hasn't stated whether he'll pursue legal action against him.

Click to continue reading Pharrell Accused of Plagiarizing Franz Ferdinand Song

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Gallery: Pharrell Accused of Plagiarizing Franz Ferdinand Song


BeyonceBeyonce has sacked her manager and become her own boss.

The "Drunk In Love" hitmaker and Jay Z are now in total control of her career after ditching Live Nation executive Faisal Durrani, although her husband doesn't hold an official professional position.

"Jay has been heavily involved in Beyonce's career for years, and was instrumental in organizing the Mrs. Carter Show World Tour. But he isn't officially regarded as her manager - she really is independent," a source said.

The change in focus is to make sure her career is handled with her family in mind, and with the couple reportedly keen to give their two-year-old daughter Blue Ivy a sibling in the future. "Now the couple have Blue, she wants to make sure her family come first at all times, especially as there's talk of them adding to the brood. The best way to do that is to make sure all managerial decisions are made by her and her husband - together," the insider added.

Click to continue reading Beyonce Sacks Her General Manager

Gallery: Beyonce Sacks Her General Manager


RihannaRihanna was "so shocked" to win a Grammy award last week.

The 25-year-old singer wasn't at the ceremony when she won the prize for the Best Urban Contemporary Album for her 2012 release Unapologetic, but she admits she was stunned when she found out: "I was so shocked. Really, I was at home and one of my friends hit me and said, 'You've just won a Grammy,' and I was like, 'What?' and when I went on the internet I just saw Unapologetic. It was quite an emotional moment surprisingly. But I was in shock, I'm excited, it was a good feeling to still be that excited at this point in my career."

The "Stay" hitmaker was later spotted at The Young Money Cash Money Records party at Greystone Manor with her rumored boyfriend Drake. However, there may have been some awkward moments in between her partying as her rival Karrueche Tran was also in attendance.

Both Rihanna and the aspiring model have had on/off relationships with Chris Brown - who was convicted of assaulting the "We Found Love" singer in 2009 - and have previously had a war of words on Twitter.

Gallery: Rihanna “Shocked” to Win Grammy Award


Queen LatifahQueen Latifah will perform "America the Beautiful" at the Super Bowl.

The actress-and-singer has been enlisted to sing the patriotic tune during the pre-game show at the MetLife Stadium in New Jersey on February 2. According to the New York Daily News newspaper, opera singer Renee Fleming has been tapped to sing the National Anthem, with Bruno Mars and the Red Hot Chili Peppers taking to the stage for the halftime show.

This marks the second time Queen Latifah has sung the tune at the Super Bowl, initially performing to rapturous applause in 2010.

The 43-year-old star was born in Newark and raised in East Orange so her appearance will be all the more meaningful since she will be performing in her home state.

Gallery: Queen Latifah to Perform at Super Bowl


Daft PunkDaft Punk scooped Best Song and Best Album at the Grammy Awards Sunday night.

The French duo took him Best Album for Random Access Memories and both Record of the Year and Best Pop Duo or Group performance for their collaboration with Pharrell Williams and Nile Rodgers, "Get Lucky."

The duo - Thomas Bangalter and Guy-Manuel de Homem-Christo, clad in their trademark robot suits - didn't speak as they accepted their trophies, but Pharrell gave thanks on their behalf while collecting Record of the Year. "I supposed the robots would like to thank ... you know, honestly, I bet France is really proud of these guys right now," he said.

Lorde took home the third big prize of the night, winning Song of the Year, for her debut single and breakthrough hit, "Royals." Accepting the trophy she paid tribute to co-writer Joel Little, adding, "Thank you to everyone who has let the song explode, because it's been mental."

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Gallery: Daft Punk Wins Big at Grammy Awards


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