Illuminati P is getting ready to drop his H.N.I.C. 3 mixtape on February 20th. He links up with French Montana for the first leak off of the project.
Spotted at Complex
Nas (310)
Jon Connor blacks the fuck out on Nasty's Nas' instrumental
Video After The Jump
Elzhi of Slum Village drops a new video in support of his latest project 'Elmatic.'
Video After The Jump
Beanie Sigel never ran, never will.
Flashback to 2001, Brooklyn's Jay-Z and Queen's Nas are embroiled in a legendary rap beef. Nas let off the shot heard round the world with "Ether", but the battle between Hov and Nas was far from over. It got even more personal as Jigga would claim that he had slept with Nas' baby's mom.
They continued to beef well into 2002. By that time the boroughs had chosen sides, QB was firmly behind Nas just as BK was for Jigga.
Either assuming he would be ok in Queens, or just not giving a f*ck, Beanie Sigel and Young Chris of the Young Gunz decided to perform at a club in Queens.
In the eyes of some in the Queens crowd though, being that Beans and Chris were signed to Roc-A-Fella Records at the time, they were seen as the enemy.
As Beanie & Chris perform someone throws something at them, prompting Beanie to throw his mic into the crowd.
While not everything was caught on tape. There's enough footage to show that both Beanie and Chris were lucky to get out of there alive that night.
Reportedly someone was shout outside of the venue and later died.
Follow Me on Twitter, Facebook and Myspace
(AllHipHop.com) After gaining the attention of fans earlier this week with a heart felt letter from behind bars, incarcerated New Orleans rapper Lil' Wayne is making headlines in a less favorable way.
Apparently the Internal Revenue Service (IRS) is after Lil' Wayne’s fortunes, seeking over $1.13 million dollars in back taxes for the years 2004, 2005 and 2007.
The IRS filed and a lien against his One Family Foundation this past June in Dade County Florida courts, as the lien maintains the same address as his charitable organization.
This is the second tax lien filed against Wayne in the last 2 years as in 2008 he paid off a tax debt of $977,840
Representatives for Lil' Wayne could not be reached for comments at the time of press release.
Multiple sources confirmed with AllHipHop.com that the IRS has a special unit that tails and tracks the artists, as one of the methods used to keep a tab on their earnings.
The “issue management team” was formed in 2007 and its goal is to get unclaimed tax money from athletes and entertainers in the United States and foreigners who come to tour the country.
“A few years ago, they concluded that athlete and entertainer taxes might be escaping their radar. So they reinstated a division to only deal with this area,” said Bill Zysblat of the global touring/accounting company RZO Productions.
A number of rappers have fallen into tax troubles since 2007.
Artists and executives like Suge Knight ($6 million), Nas ($3 million), DMX ($1.5 million), Lil Wayne ($1 million), Swizz Beatz ($645,000), Snoop Dogg ($598,000), Fat Joe ($140,000), Method Man ($40,000) and numerous others have had to account to the IRS in the past year alone.
A source told AllHipHop.com that in the pursuit of the tax dollars, a variety of artists have landed in trouble for other infractions, such as gun possession and a variety of drug charges.
The IRS is also investigating a number of record labels and artists, who ran money through their non-profits for commercial gains.
Source: AllHipHop
Follow Me @ChasinMoPaper
Video After The Jump
Philadelphia rapper Freeway, known for his unique flow and association with Jay-Z, sat down with Hard Knock TV to talk about what he's been up to recently.
With a new label situation at Rhyme Sayers, Freezer compares being there to his days at Roc-A-Fella Records.
"At the Roc, just like Rhyme Sayers we had creative control of our project. Both of my albums at Roc-A-Fella I just went in did what I did and turned the albums in, it's the same way with Rhyme Sayers. Towards the end of my career with Roc-a-Fella when everything was falling apart. The attention shifted from us [the artists] to what was going on with Jay and Dame and all that. And they wasn't concentrating on our projects as much as they should have."
Freeway has watched as the Roc dynasty crumbled. Being a part of State Property with Beanie Sigel, Peedi Crakk, Young Gunz and Oschino & Sparks has put Freezer in an uneasy position.
For the most part he's been quiet and not taken sides as Beanie has taken his beef with Jay-Z public, but he understands the situation.
"Sh*t is f*cked up man, me being a part of it I just wish sh*t was how it was. I know Jay love Beans, I know Beans love Jay. Communication is the key, if you don't know what's on that man's mind and you aint talked to him in months you liable to think anything."
As bad as things seem now, Freeway wouldn't rule out a Roc reunion.
"If Jay and Nas can do some sh*t together. Communication is the key, if we can communicate now maybe we can get it done, If not f*ck it."
Follow Me @ChasinMoPaper
After serving nine years in prison for busting off during the infamous shootout in Club New York where he was allegedly defending Diddy, then having Diddy turn his back on him during the trial, and then being deported to Belize upon being released last October, most of us were expecting Shyne to come out spitting nothing but hot fi-yah. Then earlier this month, “All My Life,” a collaboration featuring him that was slated for DJ Khaled’s upcoming album, Victory, dropped. Shyne-Po sounded sluggish, bored, and slightly Eli Porter-ish. Of course Khaled came to his senses, and left the subpar track off the final tracklisting.
Thank God for major labels! Karma is smiling the fuck down on Shyne as our homey Miss Info announced that he had signed a seven-figure deal with Def Jam. The crazy thing is this is the third allegedly million dollar contract Po has gotten. We can only speculate that the ink must have already been dry when “All My Life” came out, so Def Jam had no choice but to act like they were happy and excited about their newest addition. Then again, maybe it wouldn’t have made a difference because labels have always believed the hype and opened their wallets to prove it. Shyne won’t be the first or last rapper to rape a label, er, rob a label, er, not hold up his end of the bargain. Take a look at some of Rap’s biggest contractual fails over the years
Atrist: Shyne
Label/Year: Bad Boy 98/2000, Def Jam/2004
Payout: Rumored to be $1 million each
Bad Boy won a bidding war in 1998 for Shyne, a Brooklyn young buck being touted as “the next Biggie,” but his relations with the label soured two years later when Puff threw him under the bus and backed up… twice. After taking the fall, and the 10 years, in Diddy’s club shooting case, Shyne eventually severed all ties with the label but not before he saw his debut achieve platinum status. Staying true to the g-code while on the stand kept his street credibility en tact, and prompted a second bidding war over the imprisoned MC in 2004 (based mostly around speculation of early parole that year). Def Jam won and, despite Po’s attempts to get free failing miserably, released a miserable album of Frankensteined outtakes and literally phoned-in freestyles. Needless to say we totally get why they’d gamble another milli on him..
Artist: The Lox
Label/Year: Bad Boy/1999
Payout: $3 Million
The Lox had a fallout with Diddy and Bad Boy back in 1999 after they were only able to Harlem shake their shiny-suited asses to gold certification. Their original team, Ruff Ryders, who’d temporarily superceded Puff as the flavor of the month, ended up paying roughly $3 million to buy out their contract (but not their publishing—the three’re gonna have to pry that out of Puff’s cold dead hands!). Despite it’s more street sound, and Swizz laced beats, the LOX subsequent album failed to find the same success as their debut, and now 10 years later they’re resigning to Bad Boy. Let the LOX go… home.
Artist: Kool G Rap
Label/Year: Rawkus/2000
Payout: Rumored to be $1 million
Old heads and backpackers from sea to shining sea rejoiced when the Kool Genius of Rap was signed to the indie powerhouse Rawkus for a rumored $1 million. In an effort to dig themselves out of the hole, Rawkus put pressure on the pop hit-less legend to produce a pop hit. After years, and hundreds of thousands of dollars, of recording, both parties lost hope and The Giacana Story LP was was released in 2002 on Koch, where apparently the road to the riches ends
Artist: Mobb Deep
Label/Year: G-Unit/2005
Payout: undisclosed amount + 2 recoupable Porsches
Mobb Deep had a major bidding war after releasing their Free Agents mixtapes, and courting different labels. They were originally going to go with Interscope, but chose to sign with 50 and even got G Unit tattoos as a show of solidarity. Well, Blood Money didn’t do that great and fans didn’t seem to be feeling Hollywood Hav and Las Vegas P. Now P is in jail, Hav has been quiet, and 50 announced recently that Mobb Deep is no longer signed to G Unit. At least they still got those tattoos, though
Artist: Papoose
Label/Year: Jive/2006
Payout: $1.5 Million
After winning an ‘05 Justo Award for underground rapper of the year and landing a notable feature on Busta Rhymes’ “Touch It (Remix),” Jive signed him for $1.5 million. The deal turned out to be a ginormous disappointment, with Pap citing “creative differences” upon parting ways with the label in ’07. His debutNacirema Dream never surfaced, which we can’t understand being that we know lots of girls who want to hear songs about fitted hats and letters being slaughtered.
Artist: Nas
Label/Year: Def Jam/2006
Payout: $3 million
After Nas and Jay-Z squashed their beef, God’s Son walked into the lion’s den and signed with Jay-Z who was the president of Def Jam at the time. He didn’t do as well as expected, only selling gold with Hip Hop Is Dead and his Untitled albums. On top of that, most of that money he got is probably going towards those $44,000 alimony payments to his ex-wife Kelis. Ouch.
Artist: Jim Jones
Label/Year:Columbia/2007
Payout: rumored $1 mil
After almost going gold independently with Hustler’s P.O.M.E. (Product Of My Environment) on E1, and scoring a top 5 hit with “We Fly High,” Jones’ stock was at an all-time high. The rollout for his major label debut was augmented by an off-Broadway play, plenty of take-out from Philippe Chow’s, and declarations from Dame Dash that it was on par with Jay-Z’s Reasonable Doubt. Unfortunately Pray IV Reign barely sold 40,000 its first week. Now Capo is back at E1. We’re guessing his takeout comes in Styrofoam cartons now.
Artist: Mariah Carey
Label/Year: EMI Records/2001
Payout: $80 Million
Given that Mariah had sold a shitload of albums and was the biggest female artist at the time, it seemed like a good idea when EMI gave her a $20 million advance per album, a $6 million music-video production fund, and about $1.5 million to promote four singles. Then Carey went on TRL with an ice cream cart, did a strip-tease routine for Carson Daly, suffered a nervous breakdown, made a piece-of-shit movie, Glitter, and an accompanying soundtrack that flopped. EMI Records quickly came to its senses and bought out her contract for $24 million.
Follow Me On Twitter @ChasinMoPaper
Ready Rock Inc Says Marley Marl Got Fired From Power 105 For Playing Their Record
}