In the past two months two former hip-hop heavy weights have filed for bankruptcy protection.
Hip-hop entrepreneur Master P says that Sony Music executives are trying to keep Romeo's "U Can't Shine Like Me" off the radio.
Def Jam CEO Shawn "Jay-Z" Carter and Microsoft Corp. Chairman Bill Gate the world's richest man chatted backstage at Microsoft's big online advertising summit but did not appear on stage together.
Def Jam CEO Shawn "Jay-Z" Carter, world-renowned advertising industry leader Sir Martin Sorrell, Donny Deutsch, chairman of Deutsch Inc. advertising agency and host of "The Big Idea with Donny Deutsch," a nightly talk program on...
Russell Simmons' Rush Philanthropic Arts Foundation will receive a $2.5 million donation from NY real estate tycoon Ron Hershco for a neighborhood arts center.
Time Magazine has released its list of the 100 men and women whose power, talent or moral example is transforming our world. The following is a list of the nine blacks who appear on this years Time 100.
Magic Johnson is expected to go before the Miami city commission to receive approval for a $171 million condominium project in Miami's Little Havana.
Hip Hop icon and legendary rapper Chuck D, Public Enemy's front man is entering the wireless industry with his new company Chuck D Mobile.
Rapper and producer Pharrell Williams is teaming up with fashion label Louis Vuitton again. Williams already worked with Louis Vuitton to create a line of sunglasses called the Millionaire.
John W Thompson, CEO of software company Symantec for the past 7 years was rated by Forbes Magazine as the #8 highest paid CEO of 2005.
Kenneth "Babyface" Edmonds has filed a breach of contract lawsuit against singer Anita Baker, claiming she owes him more than $250,000.
Michael Jackson, may be close to a deal that would help him to avert bankruptcy by refinancing his debts and possibly selling part of his interest in scores of hits by The Beatles, the Wall street Journal reported.
Jackson...
Entertainment and licensing firm CKX announced Tuesday that it is paying Ali $50 million in cash to acquired an 80% interest in the name and likeness of Muhammad Ali, widely recognized as the greatest athlete of the 20th century...
Cooper Tire & Rubber Co. has signed Funkmaster Flex to a year-long endorsement contract. Flex will appear in a new print advertisement for the Cooper Zeon XST tyre targeting the urban sport truck market, and will make appearances...
Marion "Suge" Knight filed for bankruptcy yesterday to avoid losing control of his Death Row Records in a $107 million civil-court judgment, his lawyers said.
Federated Department Stores & Estee Lauder Companies celebrated the successful launch of Sean Combs' Unforgivable at the NYSE. Unforgivable, the fragrance by Sean Combs' , has been the No. 1 selling fragrance for men since its...
Los Angeles County Superior Court Judge Ronald M. Sohigian on Thursday March 23, ordered Suge Knight to appear at a hearing next month to discuss his assets or risk having the court take control of his Death Row Records.
Black Enterprise/Greenwich Street Corporate Growth Partners has won its ongoing legal battle for control of The Source Magazine. Dave Mays and Raymond “Benzino” Scott, the former owners of the magazine has been in a legal fight...
After finally lunching his womens line earlier in the year after several false starts Combs is temporarily discontinuing the line. The New York Post reports that the line had a strong...
Sean "Diddy" Combs announced today that his Bad Boy South record label has inked a multi-artist deal with well-known Southern hip-hop label, Block Enterprises. Bad Boy Worldwide Entertainment and parent company Warner Music Group...