TMZ has learned that Kim Kardashian has dropped her lawsuit against Vivid Entertainment over the release of her sex tape with former BF, R&B artist Ray J ... who has now moved on to Whitney Houston.
The tape, which Vivid paid a million dollars for, is now a bestseller in adult video stores and online markets. Vivid's co-chairman tells TMZ, "We are pleased that Kim has dropped her legal action against us, we met with her several times and finally reached a financial arrangement that we both feel is fair." Sounds like they're bosom buddies now.
According to UsMagazine.com Kardashian will receive close to $5 million in the settlement.
But this is a limited time offer folks, as sources tell us Vivid will permanently cease distribution of the tape at the end of May.
Kim Drops Sex Tape Lawsuit
Gets a Big Load of Cash
4/30/2007 12:51 PM PDT BY TMZ STAFF
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