The tabloid agency is seeking over $7.5 million dollars in damages from Perez for what they say is a loss of profits and injury to their reputation. The photo agency believes their pics have played a large part in the success and profitability of perezhilton.com, which reportedly charges between $9,000 and $16,000 a week for ad space. It costs plenty to appear next to Britney's crotch!
Perez tells TMZ, "I have yet to be personally served with this lawsuit. My lawyers and I will address the situation when we have the opportunity to review the materials."
The self-proclaimed "Gossip Gangsta," who calls a local L.A. coffee shop his "office," is currently scheduled to appear on the upcoming "Big in '06 Awards" on VH1, and on MTV's New Year's Eve special.