Def Jam Poet Tommy Bottoms - Basic Economics
A poem about the power of economics from the street level to the corporate level.
Posted under Tommy Bottoms
A poem about the power of economics from the street level to the corporate level.
Posted under Tommy Bottoms
Top Albums for the week 4/04/2008
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For those in the know Janelle Monae has been bubbling in the underground for a minute now. Now her struggling has been rewarded by attracting the sights of the puffy one himself. Although his artist have been notorious in the past couple of years for having high profiling signings but not much in follow up, Janelle should be able to break that trend by being such an original and groundbreaking artist. It should be interesting to follow her career and see how it ends up, just being talented and original is not always that formula to success. Hopefully with backing of Diddy this should be more than enough.
Following in the footsteps of Madonna and U2 major superstar Jay Z signs music promoter Live Nation for 150 million dollars. The deal has an array of stipulations to it that pretty much play out to Live Nation backing a ton of Jay Z’s business ventures, as well as getting a percentage of touring and merchandise revenue.
There has been speculation wether this was a good deal or not for Live Nation as well as Jay Z’s part. We would have to conclude that not only was it a good deal but it’s the smartest deal out right now. This is where more music deals are going eventually end up because the old model is hanging on by life support. The only problem that we see right now is that this model is great for older established artist. There has to be a way for newer artist to be able to reap the rewards of their music as well as not being jerked around by the industry games that have been around for so long. This is just the beginning of this new world economy, not the end.
For more information about this deal go to this link from the New York Times, Jay Z Live Nation Deal.
Posted under Jay Z, Live Nation