DailyRapFacts

Category: BUSINESS

Music Business on DailyRapFacts.com

  • Jim Jones urges weed business owners to step up their game now amid Joe Bidden’s pardon plans

    Jim Jones urges weed business owners to step up their game now amid Joe Bidden’s pardon plans

    Jim Jones thinks decriminalization of marijuana is healthy for business but bussiness runners need to act quicky

    New York legend Jim Jones shares his take on Joe Bidden’s plans to decriminalize marijuana and pardon thousands of inmates convicted of such offenses. During a conversation with TMZ, Jones advised weed business owners to quickly seize the opportunity.

    “I think it’s dope that he’s decriminalizing it across all the boards and trying to actually get them to take it off the level of heroin and fentanyl,” Jones explained.

    “It’s dope because there are still thousands and thousands of people locked up right now for weed offenses, which is crazy,” he added. “Finally Biden has done something that’s correct.”

    While explaining that the business will have its setbacks, he added, “You gotta think outside the box sometimes.”

  • Rick Ross is constructing a new car museum

    Rick Ross is constructing a new car museum

    Rick Ross is expanding his business ventures with upcoming car museum

    Rick Ross is still chasing his business ambitions. The rapper hopped on Instagram this week to announce his new car museum is under construction. He revealed that he already has 200 cars and is looking to get 100 more this year.

    “Rick Ross car collection is expanded baby,” Rozay said in a clip shared on IG story. “We had to go bigger. We need more shit. We got more cars. We got 200 and we plan to get another 100 this year baby, so this one of the first of 3 we building. I’ll let you know the name of the auto museum, let’s go.”

    In September, the MMG boss partnered with Hempacco to launch his Hemp Hop Smokeables which deals with hemp products like cigarettes and rolling papers.

  • Rick Ross launches Hemp Hop Smokeables cigarette line

    Rick Ross launches Hemp Hop Smokeables cigarette line

    Rick Ross ventures into hemp business

    Rick Ross taps into the hemp industry with new products. The business mogul partners with Hempacco to introduce Hemp Hop Smokeables that includes products like hemp cigarettes, rolling papers, and alternatives to nicotine tobacco.

    “I truly believe in the health benefits of hemp-derived products,” Rozay stated on the product website. “Having had my own health scares, and through my healing process, I decided I would develop a line of smokables to help others with the benefits of hemp cannabinoids.”

    “This Hemp Hop right here,” he added in a clip he shared on Instagram. “This the combination of the game right here. Something some of the finest, healthiest rollups. It’s about doing something that last forever, cause we gon’ live forever. It’s history.”

    Hempacco’s co-founder and chief marketing officer Jorge Olson also issued a statement regarding the patnership during Rozay’s Boss Up conference. “We’re ready to start offering Hemp Hop Hemp Cigarettes to wholesale distributors,” Olson announced. “With Rick Ross and James Lindsay spearheading the sales, distribution, and marketing, it will be a wonderful consumer experience for the consumers.”

    He continued, “Lindsay is also a wholesale distribution veteran and is ready to present the products to all of his Rap Snacks network of distributors all over the country.”

  • Kanye West offers Adidas sales splitting deal amid strained relationship

    Kanye West offers Adidas sales splitting deal amid strained relationship

    Kanye West refrains from offering Adidas ownership deal

    Kanye West announced earlier in the week that he’ll be coming for Adidas after he’s done with Gap, and he seems to be keeping his word except his offering the sportswear company a deal.

    The Chicago rapper recently left a message for Adidas on Instagram stories offering them 20% of sales as “a non exclusive manufacturing and distribution partner.”

    “adidas I’m willing to give you 20% of sales,” he wrote before adding, “Not ownership[.] As a non exclusive manufacturing and distribution partner.”

    “Adidas I’m willing to give you guys a royalty[.] 20% of net profit.” He added, “Adidas I’m not speaking with Torben again.” He also made it clear that he only wants to speak to the shot callers, “I’m the king[.] I only speak to the decision makers.”

    https://www.instagram.com/p/Ci3MP6QvV7Z/

    Earlier in the week, Ye slammed Torben Schumacher, senior vice president and global general manager of adidas Originals and the company for stealing his designs.

    “Who are the real decision makers at adidas?” he wrote on social media. “Torben is a fucking idiot. Torben stole my designs. adidas stole my designs. They did the Balenciaga collaboration without my knowledge and then stopped my Balenciaga Gap shoes from going to market. Nobody call me and ask me if I’m sleeping. It’s war. We deaded Gap now it’s adidas time.”

  • T.I. reveals the biggest paycheck he’s ever put his hands on; it’s eight figures

    T.I. reveals the biggest paycheck he’s ever put his hands on; it’s eight figures

    T.I. says having an eight-figure paycheck can be quite tempting

    Atlanta rapper T.I. has earned himself a good chunk of fortune over the two decades he’s been in the music business. The 41-year old recently sat for a chat with Tony The Closer where he disclosed that the biggest amount of money he’s ever had at once is $26 million.

    “The most money I’ve ever had at once as far as one paycheck,” he started. “26 million maybe something like that.”

    “It felt like 26 million,” T.I. said after being asked what it felt like having such amount. “Eight figure checks feel like the devil could potentially pull you under. It just feel like it’s a lot of scrutiny,” he added. “Because people are after this. This is what everybody wants. I’m holding it right here in my hand, it got my name on it. So it feels like a lot of responsibility.”

    He added: “It feel better than being broke, I’ll tell you that.”

  • Kanye West pulls out of deal with Gap

    Kanye West pulls out of deal with Gap

    Ye has been having problems with Gap for a while

    Kanye West has terminated his partnership with clothing brand Gap. According to a letter from Ye’s lawyers to the company seen by the Wall Street Journal, Gap breached the agreement by failing to release Ye’s merch, as well as failing to set up retail stores dedicated to his merch.

    https://twitter.com/Rap/status/1570498150405898240?s=20&t=-EL_IKagMoCx_xQsBL72wQ

    The rapper has been going after the company for a minute. Last month, he demanded more involvement in the deal or else he’d leave. “You have to really give me the position to be Ye and let me do what I’m thinking, or I have to do the thinking somewhere else ” he said.

    Ye has also been accusing Gap of leaving him out of meetings and creative processes.

  • Bleu announces Moon Boy University launching in January

    Bleu announces Moon Boy University launching in January

    Bleu taps into music production & training business

    Rapper Bleu is looking to venture a little deeper into the music business. The “Still Mines” rapper announced via Instagram on Monday (August 29) that he’ll be launching Moon Boy University in January, a facility that will be home to his artists, producers, and video producers. MBU will also offer classes to budding producers.

    “Moon Boy University otw 🌙 This January! Facility for all my Moon Boy University producers, My artist, video production team etc,” Van Dross wrote under photos of the facility from its early building stages to completion.

    https://www.instagram.com/p/Ch2cCEmLp6K/?utm_source=ig_web_copy_link

    “The year gone be some amazing shit getting done I promise . Studio , conference room . Video/Movie production room im even gonna start inviting young upcoming producers doing classes etc ! I’m so excited about this 🔥🔥🔥”

  • Hip-Hop’s top earners of 2021

    Hip-Hop’s top earners of 2021

    Former Forbes editor, Zack O’Malley Greenburg, shares list of Hip-Hop’s highest-paid artists of 2021

    Despite inflation among other world issues, it didn’t seem to have an effect on these hip-hop earners.

    Former Forbes editor, Zack O’Malley Greenburg, has shared the top ten highest hip-hop earners of 2021.

    Related content: Travis Scott’s 2020 Net Worth–broken down

    These artists have ventured out of the realm of music, using it as a stepping stone into other venture capitals.

    Check out the list, below:

    10. Tech N9ne — $25 million
    10. Doja Cat — $25 million
    10. Birdman — $25 million
    9. J. Cole — $27 million
    8. Eminem — $28 million
    7. DJ Khaled — $35 million
    6. Travis Scott — $38 million
    5. Wiz Khalifa — $45 million
    4. Drake — $50 million
    3. Diddy — $75 million
    2. Kanye West — $250 million
    1. JAY-Z — $470 million

Download the RHYMEBOOK App
on iOS & Android

Download AppLearn More

Add to Collection

No Collections

Here you'll find all collections you've created before.