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Category Archives: Business

DJ Khaled officially inked a deal and joined Cash Money Records. He announced it over twitter with Cash Money co-CEO Baby aka Birdman. Check out the tweet HERE.

According to Forbes; Jay-Z proved to be Hip Hop’s top earner and tops the Cash Kings list with grossing $63 million in the last 12 months. Coming in second was Diddy with $30 mil, Akon’s $21 Mil landed him at the no. 3 spot (signing Lady Gaga proved to be a GREAT move), the no. 4 spot goes to Lil’ Wayne who earned $20 Milli and rounding out the top 5 is Dr. Dre with $17 Mil.

1.Shawn “Jay-Z” Carter – $63 Million

2.Sean “Diddy” Combs – $30 million

3.Aliuane “Akon” Thiam – $21 million

4.Dwayne “Lil Wayne” Carter – $20 million

5.Andre “Dr. Dre” Young – $17 million

6.Christopher “Ludacris” Bridges – $16 million

7.Calvin “Snoop Dogg” Broadus – $15 million

8.Timothy “Timbaland” Mosley – $14 million

9.Pharrell Williams – $13 million

10.Kanye West – $12 million

Check out the full list of the Top 20 here.

According AHH, Gucci Mane is looking to make moves in 2010 and he’s not waiting to be released from jail to start making them. First step is to dissolve all ties with “shady” business partners and taking control of his own career. Step 2…bye-bye to his own old label, So Icey Entertainment; Hello to his own new label, 1017 Brick Squad Records, Inc.

Details after the jump Read More »

Vodpod videos no longer available.

Former G-Unit Records President, Sha Money XL, has joined the house Russell built, Def Jam Records. Sha Monay will be VP of A&R — now the questions is…Will Sha Money Xl try to bring 50 Cent and the rest of G-Unit over to Def Jam since Banks, Yayo & Fif are technically all off Interscope and are currently free agents. More below:

So with 50 Cent a free agent, free to bring himself and his label — which includes Lloyd Banks and Tony Yayo — anywhere he pleases, will Sha try to secure a spot for his longtime friends at Def Jam?

“I spoke to Fif, to [his manager Chris] Lighty. I would love to see that there,” Sha admitted. “Banks has an amazing record right now, independently. If things work out, then yeah, I would love to see that happen.”

Full Feature Here: MTV

Looks like since being dropped from Sony Records after flopping with her last two singles, “Fresh Out the Oven” and “Louboutins” it appears that Jenny ‘from the block’ may have a new recording home…with Def Jam!?!?

Yup J. Lo’s going the house that Russell built…Def Jam seems to be developing a habit of picking big name R&B divas after being dropped from their previous labels, such as Mariah Carey, Janet Jackson and even Patti Labelle at one point. We’ ll see how this one turns out.

More details after the jump Read More »

BX rapper, Fat Joe, has officailly ended his deal with EMI and signed with E1 records (formerly Koch records) and links up with his former boss, Alan Grunblatt, who woked with Joe early in his career on Relativity Records.

The new deal ends Joey’s 4-year distribution deal with EMI, which released his last three albums 2006’s Me, Myself and I, 2008’s The Elephant in the Room and 2009’s Jealous Ones Still Envy 2.

Joe had this to say:

“It’s been a long time coming. I have a long history with Alan Grunblatt and everyone at E1. Although it’s a small label, they have the best marketing and promotion staff in the hip-hop game and I’m looking forward to working with then on my new album, The Dark Side.”

The album drops June 28.

Rev. Run’s son, Diggy Simmons, has officially signed a record deal with Atlamtic Records. Diggy who managed to build his own buzz by dropping a mixtape, releasing freestyles and recently a video for “Flow Stoopid” –  took over the internet by storm. Mostly  because the kid got bars…he’s NICE.

Vodpod videos no longer available.

More details after the jump Read More »

Although the King of Pop has passed on, his legacy still reigns above all.

Michael Jackson’s estate has struck a 10 album deal with Sony Music Corp. for $250 million; the richest record deal in history according to the Wall Street Journal. The deal requires the 10 Jackson albums will be released through 2017.

It’s also reported the the albums will be a combinations of unreleased songs and packages of familiar songs offered as collections.

The deal will allow Sony and the Jackson estate to collaborate on licensing arrangements which includes the use of the King of Pop’s music for films, television, commercials and lines of memorabilia such as clothing, toys, etc. which would prove to be very lucrative to all parties involved.

Since Michael Jackson’s death last June, he has sold 31 millions records worldwide.

I’m pretty sure MJ’s kids will benefit from the future earning and royalties; which only right but the question remains…who else from his estate benefit as well?  

RIP MJ

Jay-Z participated in the official groundbreaking ceremony of the Barclays Center — the new home of the Brooklyn Nets. Bigwigs such as Mayor Mike Bloomberg, Rev. Al Sharpton also took part as well. Jay was accompanied by his wife Beyonce to the event and even gave a brief speech (@ 2:30 mark) where heeven gave a shout to the Notorious B.I.G. by quoting his phrase… check out the footage.

“What I stand here and represent is hope for Brooklyn, New York City. I’m a son of Brooklyn, I’m from Marcy projects.” Jay said. “I think about growing up in Brooklyn in the Marcy projects and shooting jump shots, thinking I can make it to the NBA. Now I stand here as an owner of team that’s coming back to Brooklyn. The pride in that, and bringing that dream so much closer for people, brings me so much pride I get a little nervous about it. But I’m very happy, very excited about this day. And we did it again Brooklyn — shout out to B.I.G.”

Hit the jump for pics of what the Barclays Center will look like Read More »

 Jay-Z & Beyoncé earned the top spot for money-earning Hollywood couples; the Carters also reigned atop last year’s list as well . The couple still took the #1 spot despite earning $40 million dollars less than the previous year where they raked in $162 million . This also the first time, Beyonce out-earned Jay-Z – bringing in $87m to his $35m – helped by chart hits like ‘Singles Ladies,’ international touring w/ her I AM…Tour and starring in the film Obsessed. Will & Jada Pinkett-Smith came in at #4.

TOP-EARNING COUPLES
1. Jay-Z and Beyonce Knowles – $122m
2. Harrison Ford and Calista Flockhart – $69m
3. Brad Pitt and Angelina Jolie – $55m
4. Will Smith and Jada Pinkett Smith – $48m
5. David and Victoria Beckham – $46m
Source: Forbes