Around last week there was mention of Dipset’s Juelz Santana being “bought” by Def Jam for $2 million. The coverage was really vague and from a business perspective it just didn’t make any sense on who came up and why this happen.
So on MTV.com, Juelz denies getting tricked out with this statement:
Three years without [...]
I caught the first episode of Vh1’s I Want To Work For Diddy and, it might be the best business related show on TV (right now) and the Best (Majority Black) reality show out of Project Runway and Make Me A Supermodel (US). I think this show gives people who are really business minded [...]
Over the past week or so, crazy going on’s in Hip Hop business:
Like I suspected Jay-Z’s “management team” for 40/40 has been running some Castro esp employment fairness. There have been reports one of his managers even threatened an employee if they joined the pending class action suit against the establishment and disgruntle workers. The [...]
Since the signing on of big acts like Madonna, U2, Jay-Z and others, Live Nation’s combo tour/music label has generated some serious cash and after ignoring the offers, everyone wants in. Now that the music industry, esp the Hip Hop industry is ailing. Its fair to say only a few artists in hip hop [...]
Clive Davis sits down with Billboard to discuss the state of music. Straight from the source, mentioning the strength of the business minded team; the benefit of a strong A&R crew, and other things keeps labels successful during these times. This guy is like the Warren Buffet of music.
A good read on the mind [...]
There is a report on Forbes.com that says some companies are actually benefiting from these mini takeovers. The downturn of major companies are becoming a supermarket sweep. I had just said, if I had $2 Million, I’d buy up half of my city (Foreclosures are bananas here). Of course other steps after that.
Forbes.com [...]
If you haven’t heard, the legenday Clive Davis has been removed as head of CEO for BMG. As much as it can be a shock, this is showing the music industry, the way we knew it is officially over. (And Live Nation strikes again!) Clive, known for his multi-platinum ear, set music standards for [...]
Wow, didn’t…wasn’t…
Jay-Z plans to depart his longtime record label, Def Jam, for a roughly $150 million package with the concert giant Live Nation that includes financing for his own entertainment venture, in addition to recordings and tours for the next decade. The pact, expected to be finalized this week, is the most expansive deal yet [...]