About Me

Either you like 50 or The Sugar Hill gang, Hip- Hop is now at the forefront of marketability, Have the lyrics and flow of Slick rick and Rakim, been silenced by the gun shots on every hood mixtape, have we become too commercial, Some say yes. I say that change is inevitable, and in an ever changing world where music is the reflection of our lives, there is nowhere else to go but Forward! This is a Forum where we will post and discuss all fascists of Hip-Hop, Also we will feature any Unsigned artists, IF you want to be judged by your peers this is where it can happen Sincerely Hip-Hop(ICU)

Thursday, December 6, 2007

BOSS HOVA

Jay-Z and Universal Contract-Renewal Negociations

According to the rumors department at the NYDaily News, contract-renewal negotiations between Universal Music and Jay-Z have broken down.

"He wanted big, big money that was way out of sync with the realities of today's record business," a source says.

Island/Def Jam CEO L.A. Reid and his boss, Doug Morris, are said to have found Jay's demands "excessive" in light of the time he's been spending on tour.

"People have lost count of how many times he's come out of retirement," the source says. "Everybody knows he's not around the office much. Everybody at Universal loves him, but they can't justify paying him the money he wants when so many people have been laid off."

His contract is said to expire at the end of this month. Friends of the rapper, who last night was celebrating his 38th birthday in Paris, scoffed at claims that Reid and Morris had thrown in the towel.

"They are still actively negotiating," one friend insisted.

According to another: "The talks will continue when he returns to New York. They still have a ways to go before a decision."
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