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Daily Hip-Hop News:"I'm A Business, Man," Jay-Z Sells Rocawear For $204 Million...In Cash
Tuesday. 3.6.07 9:14 pm
Tuesday - March 6, 2007 by Jolene "foxxylady" Petipas
Jay-Z - Press Conference
Jay-Z has reportedly sold his Rocawear clothing line to the Iconix Brand Group Inc for $204 million in cash.
According to Reuters, Iconix, the owner of brands such as Joe Boxer and Candie's, chose to acquire Rocawear to diversify its portfolio of brands and raise its 2007 earnings outlook. The company expects Rocawear to generate about $43 million in royalty revenue in the first 12 months under its fold.
As part of their agreement, Jay-Z (born Sean Carter), will continue to be chief creative officer of Rocawear and will also retain his stake in the operating company. Hov's partners, Alex Bize and Norton Cher, will continue to run the company and enter into a long-term license agreement with Iconix.
Also as part of the deal, Iconix will also enter into a separate joint venture with the Brooklyn bred rapper to establish a new brand management and licensing company to identify brands to be acquired or developed
How To Reclaim Your Throne: Advice for Janet Jackson
Tuesday. 3.6.07 9:41 pm
Fox News gets at Janet Jackson with a few points of interest she should pay attention if she ever wants to regain her thrown as the Queen of Pop.
We've all heard by now that the Jacksons are planning one big tour-- Janet and Michael included.
Well, Roger Friedman over at FOX looks at the last few years of Miss Jackson's career and offers some advice. Here are some highlights from his article.
-Jackson's last two albums, Damita Jo (Virgin) and 20 Y.O. (Virgin) didn't flop soley to bad publicity: they flopped because they were boring. Jackson's been harping about how sexy and alluring she is for the past decade, and the schtick is getting stale.
-Janet Jackson has worked almost exclusively with Jimmy Jam and Terry Lewis for over 20 years. The trio has create some of the most intriguing dance music ever. Unfortunately, their collaboration has shown its age lately. Jam and Lewis are still very talented individuals, though aside from Jackson, their work hasn't been all that heralded and they haven't been able to produce the same magic and chemistry with other artists that they've managed with Jackson. She also should look to someone else to revitalize her sound. There was a moment of brilliance with Damita Jo with a pair of tracks created by Kanye West.
-Finally, the main thing Jackson should remember is that her strength lies in good pop music; so it's disheartening to hear her sing over canned, stale crunk beats. She should go back to her roots (as she claimed she has in the prehype for her last album) to dance-pop. As mentioned she should look to new producers, but should find some sympathetic pop maestros, instead of trying to fashion herself as an R&B singer, which she never really was.
A good suggestion would be to hook up with former Madonna-producer, William Orbit (I can imagine the results would be magical). She should also find the Pet Shop Boys' number.
-With American Life, detractors joyfully called Madonna's career over; others did the same with Mariah Carey after Glitter. Both singers have since returned to record sales comparable to their salad days; Jackson can still recover from the missteps, if she just takes care to overhaul her image and her sound. She should ditch the oversexed horny-babe look, because she shouldn't try so hard to compete with women who half her age (or even half her career's age). Ciara and Rhianna wouldn't exist without Jackson, and instead of trying to match them with carnality, she should instead trump them with class and intelligence.
Soulman says.... as much as I talk shit, Janet Jackson isn't to be counted out. Plain and simple.
I've speculated in private conversations that if Janet and Jermaine knew trouble was lurking at Virgin then they saved their best work for her post Virgin life. Janet is a legend and Jermaine is no fool. I say sit and wait....
I just heard about this,and I'm trying to understand why someone would be shooting at a Pretty Ricky concert. That's just odd to me. Pretty Ricky concerts mainly have a bunch of screaming little girls,so why was there shooting. This just shows how crazy of a world we live in,today.
Producer of "It's Going Down" not Working with Yung Joc anymore
Saturday. 3.24.07 2:00 am
I heard that Nitti will not be working with Yung Joc in the future. I wonder what went wrong, we'll have to stay tuned to find out
According to Sohh News,
"One person who definitely will not be on the album is Yung Joc. While the two enjoyed mutual success from their collaboration on "It's Goin Down," Nitti credits industry politics as the reason that the two won't be linking up anytime soon."
According to Nitti,
"I have no plans to work with Yung Joc anymore whatsoever," he laments. "He do what he do and I do what I do. When you deal with people who call themselves CEO's and they put the business between the artist and the producer, it messes up the chemistry. When a record makes a lot of money, people who don't even have nothing to do with the record get to playing tug of war. It's one of those situations where it gets sticky. It wasn't my intention to have it go down like that because I broke the dude, but it goes down like that sometimes. That's the game."
Seem like Bad Boy had something to do with this, don't it must of been Diddy.
Devin the Dude recently took over the Sohh Houston blog ,and he posted an interesting post the other day. The post touched on how to know if she's wifey material, I know nowadays people can't really tell.
According to Devin the Dude,
"How To Know if She's Wifey Material, by Devin the Dude
There's no fool-proof way of finding the perfect woman to become your wife but here are few ways of knowing if she isn't.
1. If she comes home from a night out with the girls with her thong on backwards -- save the ring money.
2. If she demands outsied attention by any means, like giving you lap dances while looking at your homeboys -- don't take her home to mamma.
3. While out at a club, on a date, if she excuses herself four or more times to use the lady's room, without drinkink much, you might not be the only guy on her mind. Her cellphone call log will prove it, but don't check it. WHY HURT YOURSELF!?
4. If you open the door for her and then before you get to the driver-side door, she locks your door and starta laughing loudly, trade the limo & tux money for a new transmission.
5. If she doesn't moan, groan, say your name or even flinch while having sex with her, avoid thinking about who's going to be the best man (only she knows)!
6. While out on the town with your lady and a car with four guys in it points at her and start to laugh out off control. Then she says, "That's my cousinem.'" -- the best man just might be in that car!
7. You and your girlfriend are out walking, hand-in-hand, and then a group of fine-ass bitches
approach you. You then quickly shake loose your girlfriend's hand as if you were just friends. The fine-ass bitches pass as you try to reach for your girlfriend's hand again. If she refuse to grab your hand ...
She's not the one. (Just Kiddin!)
There's no such thing as the perfect person, but if you can find someone to love, there's no better feeling. I have a wifey and she's beautiful. There will be bumps and curves throughout your journey with marriage but it's all well worth it.
Much Love
--Devin the Dude
Posted by Admin at March 22, 2007 10:00 AM"
I just found out that DG Yola got shot in the face on friday night,when someone tried to rob him. It's crazy how people just be trying to pull some straight bull shit still nowadays. Stop trying to rob people and get yourself some money. My prayers go out to Yola and I hope his makes on quick recovery,cause I know he ain't gon let up.
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