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Beyoncé $100 million dance game lawsuit settled

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Beyoncé Knowles' $100 million legal tussle with video game company Gate Five has reached an out-of-court settlement.

The famed singer had signed a joint venture with Gate Five to help create a mo-cap dancing game titled Starpower: Beyoncé. The lawsuit erupted in 2011 when the singer pulled out of the deal, claiming that Gate Five had failed to raise promised funding for the game's development.

Gate Five sued, claiming that Beyoncé had shown, "a bad faith breach of contract so callous that, on what appeared to be a whim, she destroyed Gate Five's business and drove 70 people into unemployment." The studio sought $6.7 million in compensation for development investment and a further $100 million in damages.

In May 2011, a Manhattan judge ruled that the Beyoncé had a case to answer. A further ruling later that year denied Beyoncé's request for the case to be dismissed.

According to the New York Post, lawyers reached a deal. "We've settled amicably," said Gate Five's lawyer Peter Gallagher. "I can't discuss the terms of the settlement, but it was resolved."