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37-Year-Old Hit-Boy Thanks Jay-Z For Helping Him Get An End Date For The ‘Worst Publishing Contract,’ Which He’s Had Since Age 19

Jay-Z intervened to help Hit-Boy out of a music deal he signed when he was a 19. During an interview on “The Shop” podcast, Hit-Boy, born Chauncey Alexander Hollis Jr., reflects on an ongoing deal with Universal Music Group. When he first signed with the record label in 2007 a $50,000 check sounded like a must-have opportunity at the time, he says. He had come from a home where his father had lived in prison for most of his life and his teen mother was not financially stable. It was Hit-Boy’s upbringing that pushed him to set higher goals for himself. “I never really had the sh-t I wanted. I always had what I needed, you know what I mean? Something to eat, place to stay, but I wanted more for myself,” he explained on “The Shop.” “So, you know, just like, I took that opportunity and didn’t know, didn’t have the guidance, didn’t have those figures around me to tell me like, ‘Nah, they got you locked in this for a long time.'” The deal would be “the worst publishing contract” Hit-Boy’s...

Jul 2, 2024

GloRilla Reflects On Signing With Rapper And Executive Yo Gotti — 'I Feel Like That's One Of The Best Decisions I Made'

GloRilla has revealed one of her greatest decisions since making her presence known in the music world. The Memphis, TN-born artist, born Gloria Hallelujah Woods, is known for her 2022 single “F.N.F. (Let’s Go),” produced by Hitkidd, as AFROTECH™ previously reported. The song sold more than 1 million records, reached the top spot on the Mainstream R&B/Hip-Hop Airplay, and climbed to No. 42 on the Billboard Hot 100, per Revolt. ”It didn’t take the song long to blow up. It blew up in like three days,” GloRilla said during an interview on “The Shop” podcast. “So, I was just traveling the world like two days after I dropped that song ‘cause all the labels were calling me everywhere. So yeah, my life changed, changed right after I dropped that song.” After that, GloRilla set out to prove she would not be a one-hit wonder through the release of “Tomorrow” and its remix with Cardi B; “Yeah Glo!”; “Wanna Be” with Megan Thee Stallion; and most recently “TGIF.” GloRilla credits her success to...

Jun 27, 2024

2 Chainz Diversifies His Portfolio And Becomes A Franchisee Of Smoothie King

There appears to be no limits for 2 Chainz in his quest as an entrepreneur. Krystal As AFROTECH™ previously reported the “I’m Different” artist was named the head of creative marketing for fast-food chain Krystal, a venture that pays homage to his upbringing with its sliders and shakes. The opportunity led to the launch of a series of new platforms and partnerships with the brand, such as menus, merchandising, and co-branded restaurants based in Atlanta, GA. “I can remember Krystal being a part of so many pivotal moments of my childhood and teen years,” 2 Chainz said in a statement at the time. “ Some of my best moments were made better by going to Krystal, and I’m a fan for life. I want everyone to feel that, too, and can’t wait to put Krystal in the spotlight it deserves.” Esco Restaurant & Tapas Scaling his interests in the food space, 2 Chainz has also franchised his Esco Restaurant & Tapas — created alongside his business partner Mychel “Snoop” Dillard in 2016 — with plans to...

Jun 26, 2024

Swizz Beatz Responds To Sell-Out Claims Amid New Verzuz Partnership With X

The next chapter in the legacy of Verzuz is here. On June 19 — Juneteenth — Swizz Beatz and Timbaland announced that their Verzuz music battle platform has a new home at X, Blavity reports. “Life begins at the end of your comfort zone!” Swizz Beatz, producer and co-founder of Verzuz, wrote in a post shared on Instagram. “Verzuz is back and 100% Black owned again. Let’s give the people what’s been missing.” In a separate statement, he called X, formerly Twitter, “the best partner for Verzuz.” “Not only are we excited to have Verzuz on X, we’re excited to help X build the biggest entertainment company in the world,” Swizz Beatz said. “I would like to thank Elon Musk, Linda Yaccarino, Brett Weitz, Mitchell Smith, and the entire X team for believing in the Verzuz vision. We can’t wait to get to work.”   View this post on Instagram   A post shared by Swizz Beatz (@therealswizzz) Launched during the height of the pandemic in 2020, Verzuz gave music lovers battles between favorites like...

Jun 26, 2024

GloRilla Credits Rap-Artist-Turned-Music-Executive Yo Gotti For Her Decision To Hire An Accountant

GloRilla had to take control of her spending after her first hit single took off. In 2022, the Memphis, TN-born artist, born Gloria Hallelujah Woods, found success with the release of her single “F.N.F. (Let’s Go),” produced by Hitkidd. ”It didn’t take the song long to blow up. It blew up in like three days,” she said during an interview on “The Shop” podcast. “So, I was just traveling the world like two days after I dropped that song ‘cause all the labels were calling me everywhere. So yeah, my life changed, changed right after I dropped that song.” Her newfound fame came with some learning curves, such as keeping her spending habits in check. During the interview, she notes that she shifted her mindset with spending when rap-artist-turned-music-executive Yo Gotti intervened and suggested she hire an accountant. “My first year I blew up, this was before I got an accountant. I was just spending money, and I’m like, ‘Okay, I’m getting it. I’m making it but I’m spending it too,'” she...

Jun 24, 2024

50 Cent Claims His Social Media Accounts Fell Victim To A Crypto Scheme That Earned $3M In 30 Minutes

50 Cent claims his social accounts fell victim to a cryptocurrency scheme. Fox News reports the rapper’s X account had been hacked to promote a cryptocurrency token called $GUNIT. The token’s name suggests his former Hip-Hop group G-Unit. On Friday, June 21, 2024, the scammer allegedly wrote on 50 Cent’s account, “$GUNIT for winners only…” Complex reports 50 Cent’s Instagram account included screenshots of the $GUNIT crypto, which showed under $1 million in market value, and that number quickly increased. The message gained popularity, accumulating 57,000 likes on June 22 and drawing hundreds of users to the comments section, with some even making purchases. Despite this, 50 Cent stated he was not associated with the venture, and his accounts were later locked, Fox News notes. 50 Cent claims the hacker made $3 million within 30 minutes from the scam. It’s not possible to verify 50 Cent’s assertions, nor is there a way to confirm if the hacker earned the alleged $3 million. “My...

Jun 24, 2024

Snoop Dogg To Auction His Memorabilia, Including Master Recording Tapes

Snoop Dogg will be auctioning some of his own memorabilia. Variety reports the rapper is partnering with sports-and-music auction house The Realest — created by producer and radio host Scott “DJ Skee” Keeney — to auction off items through a project titled “ The Shiznit.” Items will include photos, Playstations, production books, autographed TV scripts, platinum discs, autographed jackets and jerseys, master recording tapes (copyrights to the music will not be included), and an autographed Death Row Records chain. “The items he is putting up are iconic,” Keeney told Variety. “Everything from lyrics, awards — like ‘Pimp of the Year’! — unreleased tapes, outfits, sample toys, photos, scripts, concert riders, even a Snoop-authenticated smoked blunt in a crazy display case and ashtray.” Furthermore, Keeney, who launched The Realest in December 2023 and raised $4.6 million in seed funding in a round led by KB Partners, has a rigorous process to ensure the offerings being sold are...

May 22, 2024

Multi-hyphenate Tyler The Creator Has Built An Estimated $30M Fortune, But His Inner Circle Is A Key Piece To His Success — ‘I Only Surround Myself With People Who Dream’

Disruptors, in the evolutionary sense of the word, are people who have abandoned the status quo. They thrive in their differences and are typically unbothered by the societal boundaries designed to box them in. There are countless examples of these people in the world, but one clear example is Tyler, the Creator. Evidenced by his stage name, Tyler Gregory Okonma is a California native and award-winning producer and musical artist. He burst onto the scene co-founding the Hip-Hop collective Odd Future and releasing his debut mixtape 2009, titled “Bastard.” However, it was in 2011 when he released his first studio album, “Goblin,” that he started getting noticed. Reflecting, he acknowledged his musical growth and was honest about his work then. In a conversation on the “Rap Radar Podcast,” Tyler was pretty candid that while his lead single, “Yonkers,” is still one of his favorites, the album itself was not his favorite body of work. “Bro, ‘Goblin’ is f-cking terrible, but I still love...

Apr 22, 2024

Birdman Says He Still Maintains Full Ownership Of His Masters — 'I Never Allowed None Of The Labels To Own Anything'

Cash Money Records Founder Birdman experienced several losses by the age of 16, and he was determined to steer clear of any losses in the music business. Birdman, born Bryan Christopher Williams, started the label in 1991 alongside his brother Ronald “Slim” Williams, according to BET. They were able to gain traction and had the support of independent distributors such as Gonzales Music and SouthWest Distribution, XXL Magazine reports. Building popularity in the South, the label caught the attention of Universal Records and signed a deal with the company on May 10, 1997, per a Max Volume Media interview Birdman gave. He later discussed the deal during an interview on the “Wilde Ride!” podcast, revealing that he was looking to retain ownership of his music due to his upbringing. “I felt like I lost everything already. I lost my family,” he explained on the podcast. “Nothing can repay me for what I already lost. I lost my mama, my daddy, my brother, my sister… I lived a hell of a life...

Apr 19, 2024

Ashanti And Nelly Become Co-Owners Of Proov, An At-Home Fertility And Hormone Testing Company

While celebrating the gift of new life that’s on the way, Nelly and Ashanti have also shared a new venture they’ve embarked on. On April 17, 2024, the couple announced that they are engaged and expecting their first child. “This new year of life is such a blessing full of love, hope and anticipation,” Ashanti said, per Essence. “Motherhood is something that I have looked forward to, and sharing this with my family, fiancé and loyal fans, who have been so supportive of my career, is an amazing experience.”   View this post on Instagram   A post shared by Ashanti (@ashanti) In Ashanti’s pregnancy announcement video, she opens an early pregnancy test from diagnostic company Proov. What’s more, the company’s logo is featured at the end of the video. Essence reports that Ashanti and Nelly are co-owners of Proov. According to the company website, Proov offers affordable at-home, science-backed fertility and hormone marker tests. In addition to early pregnancy tests, there are “Hers and...

Apr 19, 2024

Nas Dropped ‘Illmatic’ In 1994 — 30 Years, 17 Grammy Nods, And 44 Personal Investments Later, His $70M Fortune Proves He’s At The Top Of His Game

2024 marks a significant time in Hip-Hop history as the 30th anniversary of “Illmatic” — Nas’ debut album. The 1994 release brought the world classic songs like “The World Is Yours” and “One Love.” Since then, the native New York rapper has cemented himself in history as one of Hip-Hop’s elite voices. Born Nasir Jones, Nas started his journey as a prominent figure in Hip-Hop after the release of his 1992 single “Halftime,” appearing on the soundtrack for “Zebrahead,” a film centered around interracial dating. “Illmatic” would follow, and Nas would go on to produce several other top-charting albums. View this post on Instagram A post shared by Nasir Jones (@nas) An Iconic Rap Career Nas’ musical prowess has earned him a staggering 17 Grammy nominations. His recent win in 2021 for Best Rap Album with “King’s Disease” is a testament to his enduring talent and relevance in the industry. It is safe to assume that his multi-decade music career made most of Nas’ foundational wealth...

Apr 19, 2024

Metro Boomin Went From Being A Morehouse College Student To A Grammy-Nominated Music Producer With An Estimated $45M Net Worth

The production tagline on Metro Boomin’s beats, “If Young Metro don’t trust you, I’m gone shoot you,” is more than a cultural statement — it’s rooted in the long-time friendship and business partnership he has with Atlanta, GA, rapper Future. Emerging from St. Louis, MO, Metro Boomin, born Leland Tyler Wayne, has carved his name in the annals of Hip-Hop history. His talent and ingenuity have propelled him to the forefront of the industry, with his production credits and collaborative acclaim spanning chart-topping songs with Drake, Travis Scott, Gucci Mane, Big Sean, and The Weeknd, among others. It’s About More Than Rap For Metro Boomin While Metro Boomin’s catalog is predominantly rooted in Rap and Hip-Hop, his music is a testament to his diverse range of influences. From the Pop icons that shaped his early musical journey to the eerie soundscapes of horror movies, his unique blend of inspirations is a fascinating insight into his creative process. “Michael Jackson. He was always...

Apr 12, 2024

Quavo Diversifies His Portfolio With Plans To Open A Restaurant In Atlanta, GA

Quavo is diversifying his portfolio with a new restaurant venture. On Tuesday, April 9, 2024, the rap artist took to Instagram to share with his 23.8 million followers the development of V12 Restaurant & Sports Bar in Atlanta, GA. “We finally here. We finally here,” Quavo expressed on an IG story. “The top secret project is almost finished. Yeah V 12. We live.” It was also revealed in the same clip, a soft opening will be held at the restaurant located at 610 Spring St NW, near the Varsity restaurant, per Hip-Hop Vibe. He continued, “We will be ready for the light open and light flex on Huncho Day, man. We appreciation the prayers. We’re appreciating the guys giving back. Where we at? Right across the street from the Varsity man. The heart of the city. Big blessings. It ain’t done. We ain’t done.” It appears Quavo had a jam-packed day as he was also seen promoting a white cognac in Georgia. View this post on Instagram A post shared by QuavoHuncho (@quavohuncho) According to a news...

Apr 10, 2024

Here's Why Dame Dash's Ownership In Roc-A-Fella Could Be Up For Grabs Within 6 Months

Damon Dash’s shares in record label Roc-A-Fella Records may soon be no more. According to a report by Rolling Stone, despite his estranged relationship with fellow Roc-A-Fella owners — music mogul Shawn “Jay-Z” Carter and Kareem “Biggs” Burke — all have remained connected to the label on paper. However, this could all change soon. The latest development in ownership occurred in February 2024 when “a New York judge ordered Roc-A-Fella Inc. to deliver Dash’s company shares to the US Marshals to satisfy a $823,000 judgment from movie producer Josh Webber and Muddy Water Films.” The judgement was the result of a 2019 lawsuit against Dash led by Webber and the production company, accusing him of defamation and copyright infringement related to the movie, “Dear Frank,” according to Rolling Stone. Dash had been fired as its director and allegedly attempted to sell the movie on his own under a new title, “The List.” Manhattan lawyer Richard Roth of The Roth Law Firm stated that the most...

Apr 10, 2024

Fat Joe Says He Still Owes Money To His Former Record Label For His 2001 Album — 'I Sold 2 Million Records, Still Ain't Recoup'

Fat Joe has gotten very candid about his view on record labels. During an Instagram Live, the New York rapper elaborated on why he previously told Forbes that he believes record labels are Ponzi schemes. He claimed he noticed a trend where music companies will find talented artists who come from less fortunate backgrounds and fund their music careers. However, Fat Joe emphasized that to him it’s a tactic for record labels to swindle musicians. In addition, he shared how he thought the majority of the time ownership is in the labels’ hands. “Though they make the profit of the records, they charge you whatever they spend on the video,” Fat Joe shared on Instagram Live. “It ain’t like we 50/50 partners.” He added, “You could bring a scientist who wins the Nobel Peace Prize to do the accounting on major labels’ math, and they always can’t figure it out. So it’s robbery, all the way through.”   View this post on Instagram   A post shared by THE HIP-HOP WOLF® (@thehiphopwolf) In short,...

Apr 5, 2024