The New York Post reports Sean ‘P. Diddy’ Combs settled a highly publicized spat yesterday with Lyor Cohen’s Island Def Jam label, which centered around the former Bad Boy act 112. Under the terms of the settlement, Puffy will get a share of the profits from future 112 records, and he will be paid as a producer for some of the band’s tracks. “Lyor Cohen and I have been friends for a long time,” Combs said. “Our personal relationship is more important to me than a minor business dispute.”
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