Orange 21 Revises Its Mary J. Blige Licensing Deal; It Will Terminate Early
On July 18, Orange 21 (Spy Optic) amended its licensing agreement with Rose Colored Glasses (Mary J. Blige’s company). The amendment provides “…for an earlier expiration of the Company’s license to sell Mary J. Blige (“MJB”) branded sunglasses (the “License”) on March 31, 2012.” For this, they paid Rose Colored Glasses $1,000,000 at signing and issued a […]
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