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Music Mogul Jay Z has finally secured a chief executive officer for his streaming service company Tidal after two other execs were disgarded. Jeff Toig, a former chief business officer for SoundCloud is set to take over in January, reports the Wall Street Journal. Read More »
YMCM rapper, Lil Wayne's crib was seized and raided by the police yesterday due to a court order obtained by Signature Group for $2 million in missed leased jet payments. The 15,000 square-foot home has been listed on the real estate market for $18 million dollars, up $6.4 million more than he paid in 2006. It has a roof top skate park, nine bedrooms and a three bedroom guest house with a glass elevator, says the Daily News. Read More »
Entertainment mogul, Shawn 'Jay Z' Carter takes the stand in a LA court for "Big Pimpin'" copyright infringe suit on Wednesday for the second day in a decade old dispute between Egyptian composer Balign Hamdi's nephew, Osama Ahmed Fahmy, the plaintiff, with co-defendents, Timothy 'Timbaland' Mosely, Universal Music Group and Paramount Pictures. Read More »
There’s a fine line between friend, lover and business partner in Jay Z’s world and these days his inner circle is making splashes everywhere. This includes the music streaming business because on Monday Jay Z purchased the streaming service 'Tidal' for $56 million dollars. With this new business venture the critically acclaimed rapper hopes to compete with the streaming giant Spotify. Read More »
