Socialite nobody Kim Kardashian (her claim to fame being the daughter of one of O.J.’s attorney’s and Paris Hilton’s Best Friend of the Week) denied she had a sex tape with Ray J. He is the brother of pop singer Brandy.

(UPDATE: Kim sues distributer over release of sex tape)
Now TMZ is reporting that all parties involved with the sex tape have agreed on a monetary payment and that the tape will be released.

Vivid Entertainment will announce this morning, according to AVN.com, that they have obtained the tape and have come to an agreement with the parties involved to market and sell the videotape. As TMZ first reported, the sex tape, made by Kim’s ex-boyfriend Ray J (brother of Brandy), features certain explicit water sports as well as other raunchy activities.

Why of course it will be released. This is Kim’s ticket to becoming a somebody. Although I am sure I am not the only person in America who can’t pronounce her last name.

Page Six is reporting that the DVD will be entitled “Kim Kardashian Superstar” and will be in stores by Feb. 28.

Additional and bonus clips of the tape will be available at KimKSuperstar.com.

Read more about her denial in this month’s Complex magazine.

UPDATE: Read Nick Cannon’s comments on her sex tape.

UPDATE: Kim Kardashian suing distributer over release of sex tape

UPDATE: Kim’s Sex Tape Finally to be Released According to Distributor

UPDATE: Kim Kardashian’s Playboy Magazine Photo Spread

More Hollywood Sex Tapes (click to view)