Entertainment News

  • 18 September 2012, 17:56

Bruce Willis fighting for alcohol advertisement payday

Bruce Willis is seeking a partial payment for endorsing troubled French liquor brand Belvedere for three years.

The Die Hard star struck a deal with bosses to promote the brand's Sobieski line of vodka in exchange for a 2.6 per cent stake in the firm in 2009, and he starred in a string of TV commercials and newspaper adverts.

However the firm has suffered a decline in its stock and is trying to cope with debts of £610 million, according to the Wall Street Journal.

Executives at the company agreed Willis would be handed £16.2 million if stocks fell below a certain level, and his representatives met with other creditors in Paris, France on Tuesday to discuss how the business could restructure debts.

Willis' team will try and negotiate a partial payment as the company has reportedly admitted it cannot pay out the amount in full.

Belvedere SA which markets Sobieski vodka, has no connection with Belvedere Vodka, which is a brand owned by the LVMH Group and is not involved in the Bruce Willis case.

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2 comments

John Dodsworth

6:02pm on 18/9/2012

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Score: 1

GAreth Lipyeart

8:45am on 19/9/2012

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