diddy
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Diddy has long been the target of criticism over holding the publishing rights who recorded and released music under his Bad Boy music imprint. According to a new report, Diddy will hand back the music publishing rights to a number of artists and other collaborators.
Variety gained exclusive intel from a source that says Diddy, real name Sean Combs, will give back the music publishing rights to the estate of The Notorious B.I.G., Faith Evans, Ma$e, and more.
Per the source, Diddy has “decided to reassign his Bad Boy publishing rights back to all Bad Boy artists and writers who helped build Bad Boy into the powerhouse it is today.”
While the full details of the shift in rights are not known, other acts include the likes of The LOX, 112, and a host of others that could be assumed to be songwriters, producers, and engineers.
The outlet added that the speculative worth of the rights could total up to hundreds of millions of dollars. The outlet’s source also adds that Diddy has received a number of offers for the publishing rights but instead shifted course and placed them back into the hands of the original creators.
Last week, we posted a story that Cam’Ron, who now works with Ma$e on a sports podcast, shared the news of his co-host signing paperwork regarding the transfer of his music publishing rights back.
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Harlem can breathe a sigh of relief this week. Cam’ron claims Ma$e has finally received his publishing back from Diddy.
As spotted on HipHopDX, the Diplomats founder made a big announcement Wednesday (Aug. 30) via his Instagram account. He congratulated the former Children Of The Corn member on the win in signature Killa fashion while promoting his new mixtape. “My n***a murder had to sit this one out. He just got his publishing back from Puff. Just finished the paper work for that yesterday,” he wrote. “Congrats @rsvpmase while he getting his music back in order, I’m dumping my hard drive pause. The lost files vol 1. Sept 8.”
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If Cam’ron is speaking facts, this makes for a hallmark victory for Ma$e. For years the ex-Bad Boy Entertainment talent has voiced his displeasure and frustration that Sean Diddy Combs still owns his publishing. Back in 2020, Betha claimed he offered Diddy $2 million dollars to get it back but was declined. But during a sit down with The Breakfast Club, Diddy explained that Ma$e still owed him $3 million dollars.
“Just in general, the Ma$e thing. I did one album with Ma$e. One album. How much money do you think I owe this guy. And then he became a fake pastor and went and conned people,” he said. “And y’all going let him throw dirt on the God’s name? Anybody can come and step up. Bring your receipts. But I’m not playing. I’m back outside, and I’m fighting back for us. And I’m also doing some fighting back for me.”
You can see Cam’s post below, which also includes a preview to the mixtape.
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Diddy is putting his money where his mouth is and is giving back to HBCUs.
The man who once rapped, “Don’t worry if I write rhymes, I write checks,” did just that over the weekend at this year’s Invest Fest in Atlanta for causes he cares deeply about HBCUs and financial literacy.
Spotted on PEOPLE, the 56-year-old mogul announced his $1 million investment fund in partnership with Earn Your Leisure with its founders Rashad Bilal and Troy Millings on hand to receive the financial blessing from the “Bad Boy for Life” crafter.
Per PEOPLE:
The fund will go toward financial literacy efforts, “[putting] the investment strategies discussed on EYL into action” and “providing a practical model for economic empowerment,” according to a press release from Diddy’s investment portfolio, Combs Global.
“I’m thrilled to join forces with Earn Your Leisure,” Combs said in the release. “We’re going beyond discussing finances and taking action to demystify the world of investing for our community.”
During his speech at Invest Fest on Friday, Diddy announced that the fund would benefit his three Capital Preparatory charter schools in New York and Connecticut.
Diddy Also Blessed Jackson State University
Diddy’s charitable efforts didn’t stop there.
He headed to Georgia State’s Center Parc Stadium for a South Carolina State versus Jackson State University football game to hand-deliver a $1 million check to Jackson State University’s football team.
Per a press release, like his donation to the EYL, it will be “geared towards fostering economic empowerment and upholding the legacies of historically Black institutions,” PEOPLE reports.
Combs, a Howard University graduate, shared a video of a moment, writing in the post’s caption, “I wouldn’t be here if it wasn’t for HBCUs. It is my honor and my responsibility to support the HBCUs! The work they are doing is to be commended! My grandmother raised me to sow my seed in my community and that’s what I’m going to continue to do!!”
Diddy’s latest philanthropic efforts follow his 2022 BET Lifetime Achievement Award speech, where he noted it was his “responsibility” to give back to HBCUs.
Salute to Brother Love, aka Diddy.
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Just when it seemed like BET Media Group was going to pull a major move and purchase a majority stake in Paramount Global, the deal has fallen apart with Paramount deciding to back away from the proposed deal.
According to Variety, the deal that would’ve led to BET owning VH1, BET Studios, and streamer BET+ came to an end Wednesday (Aug. 16) after Paramount Global came to the realization that the sale “wouldn’t result in any meaningful deleveraging of its balance sheet.” With bids up in the $2 billion to $3 billion dollar range, we’re surprised Paramount Global would walk away from such a Godzilla sized bag, but hey, it’s their company and their choice.
Variety reports:
Variety exclusively reported in March that Sean “Diddy” Combs was among the bidders who expressed interested in the majority stake, joining fellow media moguls Tyler Perry and Byron Allen in pursuing the acquisition of the network.
Combs has previously worked with Paramount Global, producing three iterations of MTV’s “Making the Band” between 2002 and 2009. The rapper, record producer and executive is already the owner of network Revolt, which reaches roughly 80 millions households. Back in March, a source close to Combs told Variety that Combs is “exploring the opportunity to purchase BET as a part of his strategy to build a Black-owned global media powerhouse,” which he believes is “better for the business, for the culture and for building wealth in the Black community.”
It really would’ve been interesting to see what Diddy would’ve had in mind had Paramount Global ended up in his hands. Had Tyler Perry taken control, we probably would’ve seen Madea get her own daytime talk show or something. We wouldn’t be mad at such a show either. Just sayin’.
What Paramount Global has in store for it’s future now is anyone’s guess, but don’t be surprised if they end up suddenly selling the majority stake of their company to Mark Zuckerberg or Elon Musk or something. That’s just how the game goes sometimes.
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Diddy is showing it is still “Can’t Stop, Won’t Stop”. He has announced the inaugural REVOLT WORLD event in Atlanta.
As spotted on Bossip the business mogul is taking his REVOLT brand to newer heights. On Wednesday, August 15 the event was formally announced on social media. “We’re reimagining the intersection of culture and creativity with this three-day immersive experience featuring daily lineups of your favorite REVOLT shows, impactful conversations, live performances, interactive masterclasses, experiential activations, a gaming house, creator studio, and more” the press release reads. This year’s inaugural theme is “We Are Hip-Hop” which is a nod to the 50th anniversary of Hip-Hop and the ten year anniversary of REVOLT TV.
The 72-hour event will feature live performances from MoneyBagg Yo, Uncle Waffles, Don Toliver, King Combs and more. REVOLT WORLD will also feature G Herbo, Jeezy, Omarion, Curren$y and others as speakers. Additionally, they will also broadcast Drink Champs and Caresha Please as live podcasts. Yung Miami expressed her excitement on X, formerly known as Twitter. “My first live podcast! I’m so excited & nervous at the same damn time! #careshaplease @revolttv” she wrote.
General admission tickets ($149) and VIP tickets ($399) are now available for purchase here.
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The legal cannabis business is all the rage these days and with your favorite Hip-Hop artists getting in on the game, Diddy decided it was the perfect time to buy his way into the business. Unfortunately, things didn’t turn out exactly how he had hoped.
TMZ is reporting that a $185 million deal that the OG Bad Boy had lined up with a cannabis company unfortunately went left and left Diddy out in the cold for the time being. Though we’re sure Diddy won’t be giving up on his vision of owning his own weed company, this was a setback that he didn’t see coming as he was patiently waiting for the deal to get done.
TMZ reports:
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Sources with direct knowledge tell us Diddy waited in the wings as Cresco Labs and Columbia Care planned their proposed merger that was agreed upon last year.
However, we’re told the shareholders never reached an agreement, and Diddy’s deal was terminated earlier this week as a consequence. Diddy’s team tells us he and his Combs Global empire still have a vested interest in pursuing opportunities to diversify the cannabis industry … they just have to find the perfect fit.
The move would’ve made Diddy the owner of 9 stores throughout New York, Massachusetts and Illinois, with each having its own production facility … effectively making him the biggest Black cannabis business owner.
Y’all know Diddy might be a little peeved at the fact that he’ll have to wait a bit longer to become the “biggest Black cannabis business owner” in the game. He’s gonna love saying that to anyone willing to listen.
When the next deal presents itself remains to be seen, but best believe he’s not going to settle for some regular old marijuana company that has a store or two. If Diddy isn’t going big, he’s going home. That’s just how he rolls.
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Get ready to go further down the 2Pac rabbit hole. Keefe D alleges Diddy’s hands also have blood on them.
As spotted on HipHopDX the Compton, Los Angeles native recently did an interview with The Art Of Dialogue. While he has discussing his story and involvement in the fateful night in Las Vegas that took the life of Tupac Shakur he went into more detail on how made his initial connection with the Bad Boy Entertainment mogul through an Usher music video shoot. “I met him back in ’91. He was doing an Usher video [‘Can U Get Wit It.’] They called my hydraulics place and asked to use some low-riders. So I let them use my four and we took the car up there,” he recalled.
The man born Duane Keith Davis went on to say how he regrets ever dealing with Diddy. “If I wouldn’t have ever met him, I wouldn’t have ever been involved in this bullsh*t,” he revealed. “I would’ve never met the brother. I never would’ve been involved in this bullsh*t. Me and Suge, we played on the same pop warner team and everything. My home boys helped put Suge in the game.”
He then placed some of the blame for his empire and the downfall of Deathrow Records on Diddy. “It really crashed two people’s empire in one night. Mine’s for sure — Suge’s too. [Diddy] the only one still balling. He made our sh*t go down, man… He won’t even look out or nothing. Because he pitted us against each other, which was kind of smart. We’re Crips and Suge was Bloods.”
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Diddy is putting his money where his mouth is and is helping Black-owned businesses get the shine they deserve.
Spotted on HuffPost via the AP, Sean “Diddy” Combs is on a mission to strengthen the Black dollar by taking the lead on a new online marketplace called Empower Global that will specifically shine a spotlight on Black-owned businesses.
Speaking with the Associated Press, the mogul said, “I want to create our own Black Wall Street,” hoping to recapture the same energy from the Greenwood community from Tulsa, Oklahoma, which was the home of the Black-owned business district that saw substantial wealth being created among its Black residents before devastating two-day attacking from a mob of hating white men.
Combs invested $20 million into the online marketplace, allowing users to find and buy products like clothing, shoes, beauty accessories, skincare products, fragrances, and art made by Black-owned brands. However, he says he is not looking to benefit from it financially.
The website, designed by two Black-owned companies, TechSparq and ChatDesk, will launch with 70 brands and introduce users to Black businesses monthly, with Combs hoping to feature 200 brands by the end of the year.
“This is about building our own infrastructure and ecosystem. I’m not doing this for profit. This is about us,” Combs told the Associated Press.
Diddy Is Excited About Empower Global
He further expressed his excitement for Empower Global, noting that he was more excited about launching the platform than starting his label, Bad Boy Records.
“I’m going into these areas to diversify things and fight for our inclusion. This is a platform about sharing power and empowering each other,” Combs said. “This is something that is for my people. It’s a tipping point for us to wake up, start paying attention, and supporting each other while taking responsibility and accountability.”
He adds, “It benefits the community to empower and take care of itself. Right now, our dollar in the Black community doesn’t even last an hour. Most other communities and ethnic groups, they understand the power of unity. Their dollars stay in their communities for days and get passed on to other people that are like them and from their same community.”
Diddy Is Currently Embroiled In Some Business Drama
While helping his people out, Diddy has some business drama with his alcohol brands, Ciroc and DeLeón Tequila.
Spirits giant Diageo cut ties with him after he alleged the company was using racist practices and was falling short when promoting his brands,
Diddy slapped Diageo with a lawsuit with the New York Supreme Court.
Still, salute to Diddy for launching Empower Global. It’s an essential tool to help Black-owned brands and businesses grow.
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A judge has ordered previously confidential details of Diddy’s lawsuit against Diageo to be unsealed, revealing startling allegations.
On Wednesday (July 5th), Judge Joel Cohen ordered the confidential elements of the mogul’s lawsuit filed in May to be unsealed for public viewing, declaring that Diageo can only keep specific parts off-limits. This followed a ruling last Friday (June 30th). The lawsuit by Diddy demands that the global brand, which oversees over 200 beer and liquor companies including Guinness, treat his DeLeon tequila brand “at least as favorably” as others under its umbrella per their 2013 agreement.
The details that have been revealed show some startling allegations. These details included Diageo apparently presenting Diddy with a watermelon-flavored version of his tequila despite his objections and attempts to educate the company on the ills of such a move. Another complaint made by Diddy, aka Sean Combs, says that Diageo informed him that all of their agave plant production would be directed towards the company’s other tequila brands in 2021, forcing DeLeon to hurriedly hunt for suppliers in a tight market.
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Combs has also stated that since Diageo’s purchase of competing tequila brands Don Julio and Casamigos in 2014 and 2017, the company insisted on positioning the DeLeon brand as an “urban” brand and paid little attention to its marketing. The suit points to a statistic that as of last year, DeLeon was marketed in 3% of potential areas as opposed to Don Julio being marketed in 36% of potential areas. In addition, the brand has been listed as “out of stock” in major markets at least ten times over the last year.
In response, Diageo released a statement. “His attempt to recast follow-up discussions regarding innovations for DeLeon is, as is his entire suit, disingenuous and self-serving,” it said. They also claimed that Diddy was highly supportive of their actions in the past, pointing to his backing of the production of Ciroc Summer Watermelon. Diageo is now in the process of terminating its partnership with Ciroc Vodka and Combs, which first began in 2007.
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