Just when Irv Gotti had a chance to strike a deal with any company in the industry (thanks to Universal severing ties with him during his 3-year money laundering trial), he's supposedly leaning back on the folks over at Universal...again. On Monday, the New York Times reported: "...[Irv] has found the road back full of twists, none more unexpected than his choice of partners: the same record conglomerate that severed its ties with him during the investigation and, as Mr. Lorenzo said at the time, “made a decision to destroy me.” He was expected to sign a deal early this week that would put him back in business with Universal Music Group, the world’s biggest record corporation, which had financed Murder Inc. and distributed its recordings. The deal would make him the chief of a new profit-sharing venture with the company’s Universal/Motown label. Under the three-year deal Universal will commit roughly $10 million to Mr. Lorenzo in an advance against future profits and payments to cover overhead, said people briefed on the arrangement, who spoke on condition of anonymity. The deal also includes a provision that could allow Mr. Lorenzo to buy ownership of Murder Inc.’s master recordings..." And what is Gotti saying about all this? “It feels exhilarating,” Mr. Lorenzo said in an interview. “It’s like a rebirth. It feels like God put me through hell, showed me a lot of things, showed me who the good people and bad people are around me, and lined me up to do what I’m put here to do.” We'll see if his ass really learned his lesson. trina.jpg I hear Ms. Trina is also going through a record company shakeup right now. Supposedly, she's leaving her distributing label Atlantic Records because they just weren't handling her and her "upcoming endeavors" right. Owner of Slip-N-Slide records Ted Lucas told media outlets: “We decided to look for another label that will be able to promote Trina more effectively, and turn her into an even larger selling artist.” Trina's my girl and all, but I think it may take a bit more than promotion fellas. In case you missed the world premiere of Game's new video for "One Blood":

Categories: music buzz [t]

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