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Context
What happened: A report lists celebrity businesses that flopped or stumbled, including Trump University, Planet Hollywood and Yeezy, citing lawsuits, bankruptcies, settlements and broken partnerships.
Why it matters: The examples show how celebrity-backed ventures can run into legal and financial trouble, with outcomes ranging from settlements to bankruptcy.
What changed
A report lists celebrity businesses that flopped or stumbled, including Trump University, Planet Hollywood and Yeezy, citing lawsuits, bankruptcies, settlements and broken partnerships.