If you follow the music business is might not be a surprised to you that Hip Hop no longer dominates the music industry. A recent USA Today article illuminates the fall with sobering statistics.

Michael Jackson has reached a settlement over a breach of contract claim by finance firm Prescient Capital, a one-man operation owned by Darien Dash, cousin of entrepreneur Damon Dash.

Forbes magazine has released its annual list of the world's most powerful and best-paid celebrities. For the first time ever a special category was created for rappers on the Celebrity 100 list and Tiger Woods earned more money...

Radio One Inc. said it agreed to sell its KTTB-FM its only radio station in Minneapolis, Minnesota, to Northern Lights Broadcasting LLC, a newly-formed company headed by general manager Steve Woodbury for about $28.0 million.

Chris Lighty, founder and CEO of the artist management company Violator Management and Warner Music Group, has announced the formation of a new joint venture to be known as Brand Asset Group. The Group is designed to increase...

Sean 'Diddy" Combs has won the 2007 FiFi Award for Men's Fragrance of the Year for his cologne "Unforgivable." Combs becomes the second black person after Michael Jordan to win this award.

As the world's first production full-hybrid vehicle equipped with a V8 powertrain, just about every feature on the Lexus' 2008 LS 600h L breaks new ground.

Dimensions International, Inc. (No. 24 on the 2007 BE 100s Industrial/ Service list with $187 million in sales), today announced that Honeywell International has signed a stock purchase agreement to acquire DI for $230 million.

Rodney J. Reynolds' RJR Media Group, LLC, announced today that it will acquire American Legacy Magazine, a national publication devoted to African-American history and culture.

Magic Johnson's Canyon-Johnson Urban Fund is partnering with Austin-based Stratus Properties to provide the equity for Block 21, a $250 million mixed-use development in downtown Austin.

Ken Stovitz is leaving Creative Artist Agency (CAA) to become a partner in Overbrook Entertainment, the production company run by Will Smith and James Lassiter.

For the first time in the last decade, a men’s fragrance took the top spot as the number one new launch for all fragrances for 2006.