Daily Eminem, Shady Records and related hip-hop news!
Aftermath/Interscope sued for unpaid Eminem royalties
Two management companies affiliated with Eminem have reportedly sued Aftermath/Interscope Records, Universal Music Group Recordings and ARY Inc for failing to pay royalties owed from digital downloads of the rapper's music.
According to Billboard, The Bass Brothers' FBT Productions and Joel Martin's Em2M claim, in a lawsuit they filed in Los Angeles federal court on Monday (May 21), that the aforementioned labels owe them 50% from downloads and master ringtones.
The companies claim they were underpaid by more than $650,000 from 2002-2005 since they did not receive 50% of the net receipts from the digital downloads.
FBT and Em2M are seeking a court order confirming their right to 50% of money earned from digital downloads and ringtone sales, as well as compensation for lost revenue.
Eminem is not named in the lawsuit.
26 May 2007 by News Team
50 Cent's investment pays off, Coca Cola buys Glaceau for $4.6 billion
Queens, NY rapper 50 Cent may good reason to brag on his new single "Straight to the Bank."
Glacéau, makers of vitaminwater, was acquired by The Coca-Cola Company today (May 25) for $4.1 billion dollars.
50 Cent invested in Glacéau in 2004 and owns 10% of the company.
Sources told AllHipHop.com that Coca-Cola's cash purchase of Glacéau earned the rapper an estimated $400 million dollars.
Associate of Tony Yayo charged with assaulting Henchmen's son
An associate of G-Unit rapper Tony Yayo has been hit with criminal charges, stemming from an altercation with the 14-year-old son of music executive Jimmy "Henchmen" Rosemond.
Lawell Fletcher, 29, was charged with various misdemeanor offenses, for allegedly flashing a gun a Rosemond's son, during an altercation in which Yayo allegedly backhanded the teen for wearing a Czar Entertainment shirt.
Rosemond manages a number of top-selling rappers including former G-Unit member-turned-rival The Game.
Curtis LP pushed back to September, 50 Cent explains
Curtis Pushed Back to September, 50 Cent Explains
XXLMag.com has confirmed that the release date for 50 Cent’s new LP, Curtis, has been pushed back to September 4. The highly anticipated album, 50’s third, was previously set for a June 26 release. “Yes it’s true my album has been pushed back because it wasn’t delivered to the plant in order to be distributed and delivered world wide so it has to be pushed back, 50 told XXLMag.com. “June 26th was the last date I could put it out internationally until September. I am disappointed in Interscope for being reactive instead of proactive.” In related news Glaceau, the makers of Vitamin Water, has been purchased by the Coca-Cola Corporation for $4.1 billion. One of the more popular flavors of the drink is the 50 Cent branded grape flavored Formula 50. “Today is 5/25 and it’s a beautiful day and I’m displaying my beautiful smile in beautiful way, It’s beautiful to be alive on 5/25, 50 said of the sale. “We sold Vitamin Water for $4.1 billion dollars to Coco-Cola! Ha-ha-ha!”
26 May 2007 by News Team
50 Cent album pushed back until September!
50 Cent announced yesterday that the release date for Curtis has been pushed back from June, until September.
"I'm an international artist," 50 Cent said. "My fans worldwide deserve to receive my album at the same time as my fans here in the US. Taking that into consideration moving the album to September was a necessary course of action."
Do not adjust your television sets, 50 Cent will be taking over as celebrity host Rap City, beginning May 29, 2007 through June 2, 2007 at 5 p.m./ET. In the midst of promoting his third album entitled, "Curtis" and getting ready for a ground-breaking performance at this year's BET Awards '07, multi-platinum recording artist 50 Cent breaks all the rules and creates history during his reign on Rap City this Black Music Month.
50 Cent has delighted fans after confirming reports his pal Eminem is secretly recording a new album.
Eminem has been spending recent years producing other artists and hasn't released an album since Encore in 2004. During an interview with Blender magazine, 50 Cent admits he has been listening to some of Eminem's new tracks and is very impressed with his forthcoming fifth studio album. 50 Cent, real name Curtis Jackson, says, "He's got a new album coming. He's not gonna tell people that, but he's making new music. "I've heard a few songs, and it's hot. He won't tell nobody he's working on a new album, but I'll tell you: he's working on new music. And once he locks into it, like, 'This is my favourite s**t,' it's gonna come out."
When asked if the new material is angry or wacky, Jackson replies, "Both. The whole range. You know, Michael Jordan was supposed to play basketball. Floyd Mayweather was meant to box. And Eminem was meant to rap."
24 May 2007 by News Team
Obie Trice ready to make changes
Obie Trice is making no qualms about it. He wants to be on the radio. He wants to be invited to award shows. He wants to make a "Song of the Year" candidate. He's ready for what he refers to as a "transition."
He has already started working on his next project, tentatively titled Bottom's Up. The album title cleverly follows the pattern set by his earlier releases Cheers and Second Round's On Me. Now it seems that he has his sights set on breaking through, even more than he has already.
As he talks of branching out, he has already started working with Daz. He's also in touch with Tony Draper (former CEO of Suave House and current manager of Clipse) in order to help with this transition.