Perri Pebbles Reid Net Worth: When Pebbles ceased releasing new songs, it was considered a major cultural event. She had already established herself as a successful musician before that. She also started a band that went on to have tremendous success, with nine of its songs cracking the top ten of the Billboard Hot 100.
Perri Pebbles Reid Net Worth
Perri Pebbles Reid is a multi-instrumentalist with a $20 million net worth and multiple Grammy nominations. Pop and R&B artist Perri Pebbles Reid has amassed a sizeable fortune through her career and the many songs she has created and produced through her label, Pebbitone.
Perri Pebbles Reid Claims Tlc Chilli Had An Affair With Ex-Husband L.a. Reid
It appears that the problems between TLC and former manager Perri “Pebbles” Reid went beyond financial ones. Twenty years after the release of TLC’s self-titled first album and three weeks after the premiere of VH1‘s movie CrazySexyCool, we have our answer.
Pebbles, formerly of TLC, has decided to tell fans her side of the story of the group’s breakup and why she and Tionne “T-Boz” Watkins, Lisa “Left-Eye” Lopes, and Rozonda “Chilli” Thomas had a disagreement.
Pebbles denied claims that she was to blame for the group’s bankruptcy owing to bad financial management during an appearance on The Wendy Williams Show on Wednesday, November 13. Chilli was accused of having an affair with her ex-husband, L.A. Reid, among other things. See This Mohamed Al Fayed Net Worth.
The Dark Tale of Perri Pebbles Reid Tlc Going Bankrupt In The 90s
According to TLC, the group’s success led to increased financial obligations for the members. With a combined total of 10 major awards—four Grammys, five MTV Video Music Awards, and five Soul Train Music Awards—Tionne “T-Boz” Watkins, Rozonda “Chilli” Thomas, and the late, great Lisa “Left Eye” Lopes are all icons in the music industry.
T-Boz, Chilli, and Left Eye left an indelible influence on R&B, but on July 3, 1995, they filed for Chapter 11 bankruptcy citing $3.5 million in debts.
TLC released CrazySexyCool a little over a year ago, and it included the massive songs “Waterfalls” and “Creep.” Their record was well-received critically and commercially, spending nearly two years in the top three on the Billboard 200.
To date, the album has sold over 14 million copies worldwide and has been certified double platinum in Australia by the ARIA. The Recording Industry Association of America has recognized the eleventh platinum sales of CrazySexyCool in the United States, making it the first album by a female American group to achieve this honor. Must Read More SSSniperWolf Net Worth.
Perri Pebbles Reid Sues Viacom
Former TLC manager Perri “Pebbles” Reid sued Viacom for $40 million after the release of “CrazySexyCool: The TLC Story.” According to the Atlanta Federal Court, Reid claims she is portrayed in the 2013 VH1 film as “a clever and dishonest businesswoman who hoodwinked three young ladies and leveraged their potential for her own personal profit.”
Reid, an R&B singer who has sold over 4 million records herself, sues Viacom, alleging that the company “ignored fundamental canons of journalistic and literary ethics by posting false and defamatory assertions with true malice.”
Perri “Pebbles” Reid sues Viacom Over Movie 'CrazySexyCool:The TLC Story' http://t.co/r3zoZijb3G
— BlackInformant (@BlackInformant) April 28, 2014
The lawsuit filed late on Friday claims that, contrary to what viewers of VH1 saw, Reid never used any influence over TLC’s attorneys or accountants, never hid contract requirements from TLC, and always paid the group what they were promised. Read More About H Wayne Huizenga Net Worth.
After selling 11 million copies of CrazySexyCool in 1994, TLC filed for Chapter 11 bankruptcy. The ladies sued LaFace Records and Pebbitone, Reid’s management business, claiming they were only paid $50,000 per year in 1993 and 1994. However, the record company executives said TLC simply filed to nullify their contracts.
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