|
Post by Guest OhPlease on Mar 29, 2014 17:48:08 GMT
It’s “99 Problems” and counting for Jay-Z and his record label. A Manhattan judge has ordered him to testify under oath in defense of a federal lawsuit he was slapped with in 2012 by a man who designed the rap mogul’s iconic Roc-A-Fella records logo. Magistrate Judge Ronald Ellis recently approved clothing designer Dwayne Walker’s motion in Manhattan federal court to move forward with depositions and discovery in his copyright-infringement and breach-of-contract lawsuit against Jay-Z, Roc-A-Fella co-founder Damon Dash and Universal Music Group. Walker alleges in the suit he’s owed more than $7 million for creating the label’s logo when Roc-A-Fella — now a subsidiary of Universal Music Group — was created in 1995. Walker’s attorney Gregory Berry issued a statement hailing the judge’s March 18 order. “For over 18 months, Jay Z and the other defendants have done everything they can to avoid swearing under oath to the events that led to the creation of the logo, ” he said. “With the decision, the defendants’ delay tactics must stop, and Mr. Walker’s quest for justice can move forward.” Jay-Z’s reps did not return messages. nypost.com/2014/03/27/jay-z-ordered-to-give-deposition-in-roc-a-fella-logo-lawsuit/?_ga=1.216508180.320678296.1396114193
|
|
|
Post by missy on Mar 29, 2014 20:02:16 GMT
I heard that Beyonce supposedly made $200 million from the Mrs. Carter Tour. We know of all HER debt already, of course we should throw in HIS debt also, she'll gladly pay, that's why he's always Carefree, "he got 99 problems, and a b**ch ain't one"..she got his back. On top of the $200 million from the tour, who knows how much she actually cleared. So when all the bills and settlements are paid up, my math could be a little off, but I'm not seeing much left....but to do it ALL over again! A perpetual HELL.
"More money more problems"
|
|
|
Post by Ivory on Mar 29, 2014 23:18:26 GMT
I heard that Beyonce supposedly made $200 million from the Mrs. Carter Tour. We know of all HER debt already, of course we should throw in HIS debt also, she'll gladly pay, that's why he's always Carefree, "he got 99 problems, and a b**ch ain't one"..she got his back. On top of the $200 million from the tour, who knows how much she actually cleared. So when all the bills and settlements are paid up, my math could be a little off, but I'm not seeing much left....but to do it ALL over again! A perpetual HELL. "More money more problems" All those wigs don't come cheap. But going near-naked must save a lot of money on Beyonce's clothes, so it sort of balances out. She did so many more dates than other people just to make the same amount. Plus a lot of places weren't sold out. Even Rihorror did better! Not good. That's down to overexposure and doing the same performances for 11 yrs straight. Even her biggest stans have seen it all before.
|
|
|
Post by eljjai on Mar 30, 2014 15:16:55 GMT
I doubt she actually made 200 million. I expect all of Beyonce's numbers to be extremely inflated. But yes her debts are extreme. Also considering she had to fund this last album herself. She forever stays in the record company's debt. She might need 2 more tours to be in the clear, providd she minimzes her spending, she could actually manage it. But we all know Beyonce and Jay need that glamourous lifestyle.
|
|
|
Post by eljjai on Mar 30, 2014 15:32:04 GMT
as for Jay Z he usually screws over little people who can't sue him or make a big fuss. I'm glad this guy is calling him out.
|
|
|
Post by Guest XXX on Apr 1, 2014 2:24:22 GMT
I heard that Beyonce supposedly made $200 million from the Mrs. Carter Tour. We know of all HER debt already, of course we should throw in HIS debt also, she'll gladly pay, that's why he's always Carefree, "he got 99 problems, and a b**ch ain't one"..she got his back. On top of the $200 million from the tour, who knows how much she actually cleared. So when all the bills and settlements are paid up, my math could be a little off, but I'm not seeing much left....but to do it ALL over again! A perpetual HELL. "More money more problems" Good post and just like you, I wonder what she literally took home. We all know that Jay doesn't work half as hard as she does, even though he's aquired a few debts that he owes from a few bad investments. But thanks to Bey they might actually be able to pull themselves out of some of their money problems. No doubt she's going to help Jay, because she can't see herself with him. He's one of the reasons why some people find her interesting, in the first place and she likes the "street cred" she gets just for having him in her life. This is probably why we've heard that she doesn't care if Jay cheats, just as long as he doesn't leave her. I don't see them totally out of debt due to them trying to maintain a certain image. A costly one at that. I can see Beyonce going back on tour soon. She wants us to believe she loves to work herself to death...But I think it's more to it. It's about making as much money as possible to pay off some of those law suits, to be able to pay for their lifestyle bills, and to reach the goal of of being Billionaires.
|
|
|
Post by eljjai on Apr 1, 2014 10:47:38 GMT
I heard that Beyonce supposedly made $200 million from the Mrs. Carter Tour. We know of all HER debt already, of course we should throw in HIS debt also, she'll gladly pay, that's why he's always Carefree, "he got 99 problems, and a b**ch ain't one"..she got his back. On top of the $200 million from the tour, who knows how much she actually cleared. So when all the bills and settlements are paid up, my math could be a little off, but I'm not seeing much left....but to do it ALL over again! A perpetual HELL. "More money more problems" Good post and just like you, I wonder what she literally took home. We all know that Jay doesn't work half as hard as she does, even though he's aquired a few debts that he owes from a few bad investments. But thanks to Bey they might actually be able to pull themselves out of some of their money problems. No doubt she's going to help Jay, because she can't see herself with him. He's one of the reasons why some people find her interesting, in the first place and she likes the "street cred" she gets just for having him in her life. This is probably why we've heard that she doesn't care if Jay cheats, just as long as he doesn't leave her. I don't see them totally out of debt due to them trying to maintain a certain image. A costly one at that. I can see Beyonce going back on tour soon. She wants us to believe she loves to work herself to death...But I think it's more to it. It's about making as much money as possible to pay off some of those law suits, to be able to pay for their lifestyle bills, and to reach the goal of of being Billionaires. The people that own them will neve ever allow them to not have debt. that one of the way that they control them. Beyonce's been in the game for more than 10 years. and ever since she got with jay they have been living beyond their means. not to mention the last 3 albums (I believe she owes for Sasha Fierce) that she still needs to pay up. The albums she is still contractually obligated to do. Beyonce will be in debt for the rest of her life probably. And it's because she does not learn. the first time she got into money issues she should have gotten the best finance mind to ellp her out like some of these of the stars do.
|
|
|
Post by Ivory on Apr 1, 2014 13:02:18 GMT
Yep. The artist pays for everything with interest. The bigger the contract, the longer they stay trapped. That's why I don't give a damn about Jay-zabba dabba do's so-called $100 million contract. I don't want to ever owe anyone that much. Real billionaires don't need loans from Live Nation or Pepsi.
|
|
|
Post by missy on Apr 1, 2014 13:11:53 GMT
So, according to the show on VH1, she purchased him a $40,000,000 jet? Their combined networth is $500,000,000? She bought him a $500,000 ring, and all this other excess right? But she can't/wont pay the video game company a measly $100 mill, to me that's a big deal, because she caused people to loose their jobs. Everyone she's wronged, stole from, undermined etc, she just rubbed everything in their faces during the airing of that show. That's horrible!! As far as the Jet nonsense, she prolly rented the jet or Rent to own...if one can even do that with a jet, LOL, I don't believe it's purchased. Still no mention of Mom, sister or nephew at all during the show. Before Blue was "produced" little Jules was everywhere with aunty and uncle.
I don't know, I thought I'd just touch on this VH1 "Fabulous Life of... Camel and Beyawnce" crap.
|
|
|
Post by eljjai on Apr 1, 2014 13:46:51 GMT
^^^^interesting. I don't think the two of them have 40 million worth of disposable income. If they did she would have funded her own tour. If she could buy Jay Z a 500 000 ring she wouldn't have a problem paying a 130 000 bill of air services. Do they expect grown people to belivee this?
|
|
|
Post by Guest OhPlease on Apr 2, 2014 18:39:50 GMT
|
|
|
Post by eljjai on Apr 3, 2014 5:25:47 GMT
This was a great read. The author hit the nail on the head. Jay Zoo has no loyalty just like Beyonce. They are so busy scrabbling for money that they can't build a legacy of any kind.
|
|
|
Post by missy on Apr 3, 2014 14:38:16 GMT
Nice article.
|
|
|
Post by eljjai on Apr 6, 2014 11:33:54 GMT
|
|
|
Post by Guest Oh Please on Apr 6, 2014 15:39:28 GMT
Found this comment and thought I'd bring it forward. Link included at bottom. digitallife MildManneredReporter • 10 months ago My brother it's cool..but honestly just ask me outright.. Universal distributes def jam..Def Jam is under UMG (Universal Music Group)..the reason Spitzer was investigating this was because Hot97 was accused of extorting artists for pay to play records..that investigation rolled up the food chain up to def jam's vice president Lyor Cohen..then moved up the food chain to the mid management at universal. This was the #1 reason why Russell stopped name dropping def jam in later years because of that scandal. What happened with the investigation is anyone's guess what did occur was that it was unearthed that Def Jam indeed paid for play which is why Jay-Z could literally walk into Hot97 and shut it down as long as he wanted to. Many referred to the Angie Martinez show as "The Jay-Z show" because she from early on was in Def Jam's pockets. Infact Martinez owned a white benz around this time she decided to give back because of it. Spitzer was hoping to turn this all into an anti-trust case but was plunged into being front runner for Governor before a case was fully established and the person who stepped into his job cared more about bringing him down than closing open cases. allhiphop.com/2013/06/18/hip-hop-rumors-bad-news-for-jay-z-guess-who-is-coming-out-in-september/
|
|
topaz
Senior Member
Posts: 106
|
Post by topaz on Apr 8, 2014 7:48:27 GMT
Found this comment and thought I'd bring it forward. Link included at bottom. digitallife MildManneredReporter • 10 months ago My brother it's cool..but honestly just ask me outright.. Universal distributes def jam..Def Jam is under UMG (Universal Music Group)..the reason Spitzer was investigating this was because Hot97 was accused of extorting artists for pay to play records..that investigation rolled up the food chain up to def jam's vice president Lyor Cohen..then moved up the food chain to the mid management at universal. This was the #1 reason why Russell stopped name dropping def jam in later years because of that scandal. What happened with the investigation is anyone's guess what did occur was that it was unearthed that Def Jam indeed paid for play which is why Jay-Z could literally walk into Hot97 and shut it down as long as he wanted to. Many referred to the Angie Martinez show as "The Jay-Z show" because she from early on was in Def Jam's pockets. Infact Martinez owned a white benz around this time she decided to give back because of it. Spitzer was hoping to turn this all into an anti-trust case but was plunged into being front runner for Governor before a case was fully established and the person who stepped into his job cared more about bringing him down than closing open cases. allhiphop.com/2013/06/18/hip-hop-rumors-bad-news-for-jay-z-guess-who-is-coming-out-in-september/I am glad you wrote this post because I was wondering how legit Hot 97 was especially since the radio station has a VH1 reality show called “This is Hot 97”. Those payola checks have stopped coming in so they gotta go the reality show route to make a buck. Their VH1 show is a hot boring mess. I will not be watching it.
|
|
|
Post by Elle McRealson on Apr 27, 2014 22:14:01 GMT
LOL, I personally have known one of the brotha's on this show for 15 years and want to support him, BUT I can't watch that mess either!
|
|
|
Post by shanaelmsford on May 27, 2014 18:38:13 GMT
|
|