Wednesday, May 14, 2008
If everything goes according to plan, by next year 50 Cent will be one of the richest and most powerful men in all of entertainment. 50 Cent is in the midst of putting together one of the most comprehensive entertainment deals ever signed.
According to sources, Curtis "50 Cent" Jackson" is on the verge of signing a 10 year deal which will give News Corp far reaching control over the 50 Cent brand. And the deal is also poised to launch the company's MySpace Records into the big leagues.
At least half of the deal will be in stock. 50 Cent will be one of the largest shareholders of News Corp. when the deal is done. Some of the terms of the proposed deal include:
-50 Cent's website Thisis50.com, one of the fastest growing websites in the world, will be acquired and run by News Corp.
-The multi-platinum 50 Cent and his G-Unit artists will move to a new G-Unit label created under MySpace Records.
-50 Cent and G-Unit music publishing.
-G-Unit book deal.
-All of 50 Cent's concert touring would be marketed and sold through a newly created News Corp entity.
-50 Cent would get his own production studio to put out film and tv projects.
While nothing has been finalized, the deal is scheduled to go into effect in 2009 , after 50 Cent and G-Unit fulfill their album requirements with Interscope Records.
Tuesday, May 13, 2008
According to Sohh:
Incarcerated rapper Remy Ma was sentenced to 8 years in Manhattan Criminal Court today (May 13) for weapons and coercion charges.
Remy (born Reminisce Smith) was initially scheduled to be sentenced on April 23, however, Judge Rena Uviller postponed the trial until today, granting the Grammy nominated rapper's attorney, Ivan Fisher, additional time to properly prepare for the date.
On March 27, a Manhattan jury convicted Remy of first-degree assault, criminal weapons charges and attempted coercion, for shooting her former friend, Makeda Barnes-Jospeh, in the abdomen last July. The two were in a dispute over the rapper's missing $3,000-in which the Remy accused the victim of stealing.
Today, Remy wept as she pleaded to the judge.
"I stand here today as Remy Mackie," she said with tears in her eyes as she asked for leniency. "I'm a loving wife, mother and loving daughter and loving sister to my brothers and sisters."
Remy also addressed Barnes-Joseph. "I apologize for not saving you from your physical and mental scars."
Before delivering the sentence of 8 years, the judge gave a statement.
"I've learned Remy is an intelligent and charitable young woman," the judge said. "She's overcome a difficult childhood. Her music has inspired people in need. She's loved and has support from her family."
After the complementary remarks, the judge turned her remarks to accountability.
"This is somewhat of a pattern. This is not the first time she has been engaged in a violent act. She never took responsibility for her actions. This has nothing to do with rap it's about the actions of one person. Remy is an extremely angry young woman who feels the rules do not apply to her."
After the sentencing, Papoose got into a shoving match with a court officer. "All y'all want is fucking money," he yelled. "This is bullshit"
Remy's mother and others, who had painted Remy on their faces in red, had to restrain Papoose.