Jay-Z Buys Out Def Jam Contract & Gets Next Album for $5 Mil

May 21, 2009


Rumors been making their rounds around the net today that Jay just bought out of his Def Jam contract and purchased his rights for his next album for $5 million. I guess he wants that Blueprint 3 all to himself under Roc Nation.

As Roc Nation, Jay-Z’s new home under the Live Nation umbrella, takes shape, the hip-hop superstar has reportedly bought back the last remaining record on his Island Def Jam deal for what some say is a whopping $5 million, raising a number of intriguing questions. How does the album figure into the plans of Roc Nation’s brain trust, which also includes the A&R-savvy Jay Brown and Tata, as well as Jay-Z’s business manager John Menielly? How will it be marketed and distributed? Will Roc Nation employ a traditional distribution channel or take the LP direct to retail? (Hits Daily Double)

RapRadar revealed that Jay reached out to them personally and confirmed the rumor is true.

“I can honestly say, working with Doug Morris and LA Reid has been a unique and fulfilling experience and I respect them immensely. I’ve been in the family for almost my entire career.

Doug and I spoke directly and had one of the most unique “negotiations” ever. Doug won the toss but, we both won in the end..

I thank him for allowing me to be a completely independent artist. Not every artist can say they own or are given the opportunity to own all of their music.”

Has anybody got a clue what Dame Dash is up to these days. Jay pays $5 mil and Dame is in debt for probably $5.

Drake Speaks on Rihanna Rumors with Hot 97 [5-21-09]

May 21, 2009


First and foremost congrats to Ms. Fenty on here award plaque she recieved last night for selling 12 millie. Damn she looks good. I’m obsessed.

Early this morning Drake called in to Hot 97’s morning show with Peter Rosenberg and Cipha Sounds and spoke on the rumors of him and Rihanna.

Vodpod videos no longer available.
Drake Speaks on Rihanna Rumors with Hot 97 [5-21-09]

Rumor controlled at RapRadar

Video: KRS-One & Buckshot – Robot [Terminator Salvation Trailer]

May 21, 2009

Above is a trailer for Terminator Salvation with Kris and Buckshot’s “Robot” joint. Terminator Salvation in theaters today. Kris and Buckshots upcoming joint album Survival Skills coming soon.

Wale x Tabi Booney Tix for 9:30 Club in DC [6-3-09]

May 21, 2009


As you know Wale decided to bring his show to home here in the D.C. area. Wale and Tabi Booney will be the 9:30 Club Wednesday, June 3. The tickets run $25 and you can purchase your tickets at the link below. We will be in the building.

Rock the Vote Nights Present America’s Future Now Official Concert featuring WALE w/ Tabi Bonney

DMV Stand Up!!!

Video: Man Charged in Dolla Murder

May 21, 2009

Dang so they already have a guy in custody for Dolla’s murder. Dolla, a 23 year-old artist on Akon’s label was gunned down early Monday morning.

Los Angeles County prosecutors filed murder charges this afternoon against a 23-year-old Georgia promoter who is accused of fatally shooting up-and-coming rapper Dolla at the Beverly Center.

Aubrey Louis Berry faces a single felony count of murder and two counts of assault with a firearm in the death of Dolla, whose real name is Roderick Anthony Burton II. He is scheduled to appear for arraignment later this afternoon in a downtown Los Angeles courtroom.

If convicted, Berry faces a maximum sentence of life in prison with the possibility of parole. He is being held on $1.1-million bail.

Common Live on Tavis Smiley [5-20-09]

May 21, 2009

Vodpod videos no longer available.

Premiered at Yardie’s. Also he talks about his role in the upcoming Terminator Salvation flick after the jump.

Read the rest of this entry »