The hip-hop mogul launches a $5 million breach of contract lawsuit against the filmmaker over the profits to a planned Richard Pryor biopic.

AceShowbiz - Hip hop mogul Damon Dash has launched a $5 million (£3.8 million) breach of contract lawsuit against filmmaker Lee Daniels over the profits to a planned Richard Pryor biopic.

Dash sued Daniels for $25 million (£18.9 million) in 2014, claiming he loaned the filmmaker $2 million (£1.5 million) in 2004 in exchange for the rights to films "Precious" and Lee Daniels' "The Butler" and TV show "Empire", but insists he has not received any profits from the projects.

Damon and Lee settled in 2015, and, according to The Blast, Dash was promised co-executive producing credit on Daniels' biopic, which stars Mike Epps, Oprah Winfrey, Eddie Murphy, and Kate Hudson. The 47-year-old is also supposed to receive five per cent of the profits from the film.

However, he insists Daniels is not holding up to his end of the agreement and is failing to give him any updates about the production of the film. He is seeking $5 million in damages and a co-executive producer credit.

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