Archive for February, 2010
Sunday, February 14th, 2010
Basketball legend and entrepreneur Magic Johnson is reportedly making plans to make a huge business move.
Magic is believed to be in talks to buy Johnson Publishing Co., the publishing company responsible for popular Black magazines Ebony and Jet.
If a deal is worked out, Magic Johson's Magic Johnson Enterprises which has partnerships with T.G.I. Fridays, Starbucks Corp. and 24 Hour Fitness, would be responsible for the iconic company.
The President of Magic John Enterprises has not confirmed the agreement as of yet but told Bloomberg that talks were in the works.
“There have been discussions. There's no definitive agreement.”
In addition to the publishing company Magic is believed to be looking to buy a collection of some of the company's most iconic photographs.
Tags: Bloomberg, magic johnson, Magic Johnson Buys Ebony, Magic Johnson Enterprises, Magic Johnson to buy Ebony and Jet
Posted in POLITICS | No Comments »
Sunday, February 14th, 2010
“How in the hell am I supposed to stay comfy/ When I pay child support, alimony monthly…."
Nasir Jones has been doing his best not to speak on his very public divorce from Kelis but obviously frustrated, it looks like Nas has finally snapped.
As previously reported the reported first track from Nas and Damian Marley's Distant Relatives album hit the net titled “Strong Will Continue.”
The song had a positive message from Nas and Marley speaking on having the strength to endure tough times.
Now however a new version of the song is available with an unreleased verse from Young Escobar. (more...)
Tags: distant relatives, kelis, Nas and Damian Marley, Nas and Kelis, Nasir Jones, Nasty Nas, Strong Will Continue, Young Escobar
Posted in Nas, NEWS | 10 Comments »
Saturday, February 13th, 2010
“U Can't Touch This” may have been one of M.C. Hammer's biggest hits but a judge doesn't see it that he way as he was ordered to pay a default judgment.
Hammer, whose real name is Stanley Burrell, was trying to use the misspelling of his name on a lawsuit and summons as an excuse to get out of paying.
However, U.S. District Judge Jeremy Fogel found the 2003 judgment against Hammer binding although his name was spelled wrong on the documents and read “Berrell.”
According to the lawsuit, Hammer agreed to market technology being developed by PacketSwitch.com but Hammer insisted that he was never more than just a shareholder.
To make matters worse, the company (more...)
Tags: cash 4 golf, mc hammer, mc hammer lawsuit, mc hammer must pay default judgment
Posted in NEWS | 1 Comment »
Friday, February 12th, 2010
“Probably the worst investment I did was f*c*in' with R. Kelly. That was a waste of my time.
I could've made money if I wasn't f*c*in' with that clown-a** n*g#a.”
The Birdman has been known over the years as one of the best in the business when it comes to making money. From his $30 million dollar deal some ten years back to bring Cash Money to Universal or numerous endorsement endeavors, Baby is all about getting to the money.
But like Biggie said, “Mo money, mo problems” as the turmoil comes along with the success as he and his crew prepare for Lil Wayne's upcoming year-long jail bid.
On his paper route to become the Magic Johnson of Hip-Hop, Baby recently spoke about how he developed such business (more...)
Tags: baby, best of both worlds album, birdman, bryan "baby" williams, cash money, ozone magazine
Posted in jay-z, lil wayne, NEWS, R. Kelly | 2 Comments »
Friday, February 12th, 2010
Thousands of people gathered in Haiti today for a national day of mourning, one month after a devastating earthquake hit the country killing an estimated 217,000 people.
The day of mourning was led by religious leaders of the country's two official religions, Catholicism and Voodoo.
Survivors were asked to wear black during the ceremonies which have been ongoing since 6:00 a.m.
A tearful President Rene Preval was quoted by the Associated Press as saying,
“The pain is too heavy — Words cannot explain it.”
The people of Haiti are asking for a worldwide moment of silence at 4:53 p.m. today, the time the earthquake hit.
Tags: Hait Earthquake, Haiti, Haiti Day of Mourning, Haiti Relief, Haitiand Gather For Day of Mourning, Port Au Prince, President Rene Preval
Posted in POLITICS | No Comments »
