British songstress Adele signed a £90 Million ($130 million USD) recording contract with American recording label Sony Records. The recording contract is the largest ever for a British artist.
Posts Tagged: business contracts
Rap mogul Jeezy won a major court victory in a $5 million lawsuit filed by former friend and business associate Kinky B.
Hiphopenquirer.com reports that Jeezy, whose real name is Jay Jenkins, grinned from ear-to-ear when the jury announced its verdict last week.
Rap mogul Jay Z has 99 problems and losing a major business partnership with a mega agency is one of them.
FOX TV's musical drama 'Empire' is smashing TV ratings records, and every up-and-coming artist wants their time to shine on the show. Terrence Howard and Taraji P. Henson stars in 'Empire' about a dysfunctional family running a hip hop record label. But there's one artist you won't see on 'Empire' -- if entertainment mogul Sean "Puff Daddy" Combs has his way.
Sporting goods giant Nike has dropped disgraced football player Adrian Peterson from an endorsement contract after initially standing by the accused child abuser.
Troubled singer Chris Brown and his faithful concubine Karrueche Tran were spotted exiting Crooks and Castles shop on Fairfax on the release date of his new album, X. Brown's new album is neck and neck for the #1 spot on the Billboard sales chart with pop legend Barbra Steisand's new album, Partners. Partners is Barbra's 1st studio album release since 2003.
Photos: Vladimir Labissiere/Splash News
The NY Knicks officially signed former Antonio Spurs guard Shannon Brown to one of two open roster sports today, Sports Illustrated reports.
There is speculation that Brown, 28, was brought in to fill the spot soon-to-be vacated by departing point guard Raymond Felton, whose legal troubles are mounting. Felton plans to be in the starting lineup for the Knicks in tonight's game against the defending NBA champs Miami Heat.
The corporate sponsorships keep rolling in for troubled music producer Kanye West, despite his recent rant against corporate greed. Footwear giant Adidas announced a new sponsorship deal with West worth $10 million.
$10 million might not seem like a lot of money considering the hundreds of millions Adidas and NIKE throws at professional athletes for endorsements, but West will reportedly receive royalties on his products. The lack of royalties is the reason behind West's split with NIKE.
Barney's has canceled the big holiday event that Jay Z hoped would cement his brand in the high end retailing world. The 45-year-old rap mogul had hoped to be center stage at the well-heeled Barney's-sponsored holiday bash to launch his Barney's Collection on Nov. 20.
But according to WWD.com, Barney's canceled the holiday party which was to be held at a private, off-site location.
Lonnie Johnson, the man who created the Super Soaker water gun, was awarded $73 million in unpaid royalties from giant toy maker Hasbro.
Johnson, who founded the Atlanta-based company behind the Super Soaker, filed a lawsuit against Hasbro for underpaid royalties in the sales of the wildly popular water gun, according to the AJC.com.