There are too many artists who suffer from bad contracts, and Yo Gotti was no exception.
Aug 14, 2023
Is Yo Gotti trying to put more artists on game? Following the 64th annual Grammy Awards, it appears rapper Yo Gotti was left with some food for thought. The “Rake It Up” rapper took to Instagram revealing he wants to help other artists get the recognition they deserve, through the expansion of Collective Music Group (CMG). It appears a management division is already in the works. “I just left the Grammys and I figured something out,” Yo Gotti said to his nearly six million followers on Instagram. “I ain’t see enough of the artists we worked with or artists I feel like should be a part of this shit whether it be performing or winning awards… Long story short, I came up with a new idea — a new hustle — From now on, I’m finna start managing artists. It’s a lot of people I think should be at the Grammy’s and other sh*! too. I want to start with two or three artists.” View this post on Instagram A post shared by Yo Gotti (@yogotti)
Apr 6, 2022
If artists aren’t cautious, record labels may be able to “rake it up” off of the strength of a musician’s creativity. Over the weekend, Memphis rapper Yo Gotti released his eleventh studio album “CM10: Free Game,” which includes 22 songs and additional releases from other artists including EST Gee, 42 Dugg, Moneybagg Yo, Kodak Black, Blac Youngsta, Shenseea, and 10Percent. Some fans have speculated that the recent project is actually the last album we’ll get from the rapper. According to Complex, along with the release of the new project, Yo Gotti is allowing aspiring artists to record a verse on his latest track, “Dolla Fo’ Dolla.” He says that from there, the artist can do whatever they please with the new version of the song. “You make the paper from it, I ain’t even trippin’,” he said regarding the news, which is through a partnership with Equity Distribution. “I own the masters of my record, I can do that shit for you. No label would ever do no sh-t like this.” While this...
Feb 9, 2022
Dwyane Wade knows the value of a good hustle. In addition to his investment in the cannabis industry, the skincare industry, and even a stake in the Utah Jazz, the NBA star and Gabrielle Union’s hubby has just announced that he’s invested in a Major League Soccer (MLS) team. Essentially Sports reports that the news is part of a deal made by Smith Entertainment Group, which Dwyane Wade joined when the company invested in the Utah Jazz. Now, however, Smith Entertainment Group has invested in the Real Salt Lake franchise. The purchase was confirmed by the franchise itself. Wade himself subsequently confirmed the announcement on Twitter. Thankful 🥅 ⚽️ https://t.co/hbKjGjJXnv — DWade (@DwyaneWade) January 6, 2022 While the percentage investment was not made clear with the announcement, Wade has been confirmed as part of the deal. The outlet reports that the team has a bright future. “RSL FC is coming off an incredible run in the MLS Playoffs where they made the Western Conference Finals....
Jan 7, 2022
Jay-Z’s Roc Nation has finally reached a settlement with its gaming subsidiary, Unanimous Games. On Saturday, Dec. 4, at the same time that the Hip-Hop mogul entered a new chapter of life, Roc Nation settled a lawsuit related to his cousin Briant Biggs and an alleged scam involving investor Blueprint Capital Holdings, according to reports from Thirsty For News. As previously reported by AfroTech, Biggs was accused of working with a group to raise $1.5 million for a new division of Roc Nation by the name of Unanimous Games. The games were to be focused on eSports and the video game industry. As you can already gather, that didn’t really play out so well.
Dec 6, 2021
This rapper is entering into new territory. As both a rapper and businessman, Yo Gotti helms as the founder of Collective Music Group. The record label has signed heavy hitters like 42 Dugg, Moneybagg Yo and Blac Youngsta. Now, the music boss is stepping into new territory setting his eyes on a new business venture. According to The Washington Post, Yo Gotti has joined petroleum executive Eyob “Joe” Mamo as a part of an investment group for Major League Soccer (MLS) team D.C. United. Other affiliates associated with the group have not been identified but are speculated to be in the national business sector. The group is projected to gain a six percent stake in the MLS if approved. Yo Gotti has reached an agreement to purchase a minority stake in D.C. United, per @novy_williams . The rapper is part of a group that will gain about a 6% stake in the MLS club, pending approval. In June, RB Mark Ingram also invested in the team at a valuation of about $710M. pic.twitter.com/v5vUaHhWXb —...
Sep 14, 2021
The Daily News reports that Jay-Z’s Roc Nation is facing legal action. Briant Biggs, the “Big Pimpin'” emcee’s cousin, allegedly played a role in the team responsible for raising $1.5 million for Roc Nation’s video game subsidiary Unanimous Games, court documents state. According to Blueprint Capital Holdings, an alleged investor in Unanimous Games, Biggs presented a business plan that was said to connect eSports and the entertainment industry with live events and mobile games. Ryan Collision, the president of Blueprint, revealed that he was under the impression that rappers signed to Jay-Z’s Roc Nation would participate in the partnerships. Some of these artists include Meek Mill, Jay Park, and Yo Gotti. After Collision claims he invested $250,000 in March 2018, the plan was allegedly for Unanimous Games to pay the minimum repayment amount plus interest by March 2021, but a Manhattan Federal Court suit announces that when the date came, they never received any payment. Not only...
Aug 11, 2021