Jun 15 2013, 5:36pm CDT | by Luigi Lugmayr
The 'Love On Top' singer reportedly dropped out of the deal last winter because she claimed that Gate Five had not secured the funding they had promised.
The company countered that the Grammy-winner, who has a 17-month-old daughter, Blue Ivy, with her rapper husband Jay-Z, ditched the deal on a whim and claimed it lost its nearly $7 million investment and 70 people lost their jobs.
The terms of the agreement were not disclosed.
The singer is set to kick off the U.S. leg of her Mrs Carter Show world tour later this month.
Source: Bang Showbiz
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