Daily Archives: September 21, 2010
The internet is buzzing today with rumors that Def Jam Chairman, L.A. Reid has been fired.
Reid has been responsible for signing acts like Mariah Carey, Justin Bieber, Pink and Outkast. However, profits in the recording industry have been slipping, and his signing of rapper Shyne, to a seven figure deal might have done him in.
There are various reports that The-Dream has been given his walking papers as well.
If the reports do to turn out to be true, look for Reid to bounce back in a major way with a deal somewhere else. His track record in the business for finding and nurturing talent has been superb.
As previously reported, news broke yesterday of his reported firing alongside Terius “The Dream” Nash.
The label has released a statement to XXL denying Reid’s firing saying,
“[The rumors] are completely untrue and without merit.”
No word on the status of The Dream.
Aretha Franklin’s middle-aged son was undergoing emergency surgery on Tuesday after being severely beaten at a gas station in Detroit on Monday night, according to reports.
Two men and a woman assaulted Eddie Franklin, 52, at a station near Plymouth and Evergreen, the Queen of Soul’s spokeswoman tells the Detroit News.
Other details were scarce. The female suspect appeared to be about 19 years old, and one of the men had dreadlocks. All three were African American.
An unidentified person at the station took Franklin to an area hospital and then filed a police report, according to authorities. Word of Franklin’s condition was not immediately available.
Aretha Franklin, 68, who had Eddie when she was 16, is one of the most decorated singers of all time, having won 20 Grammy Awards.
Rep. Jesse Jackson Jr. asked a political fund-raiser to offer then Gov. Rod Blagojevich $6 million dollars in exchange for an appointment to President Obama’s former Senate seat.
Businessman Raghuveer Nayak ‘s allegations, first reported by the Sun-Times, counter Jackson Jr.’s public statements that he never authorized any deals to buy the Senate seat.
Nayak says Jackson instructed him to offer Blagojevich as much as $6 million for the seat — $1 million from the Indian community and $5 million from a yet-to-be-held fund raiser that Jackson Jr. would organize.
The congressman’s alleged involvement in the scheme was first revealed during the Blagojevich trial.
After the trial, Jackson Jr. said he was present during a meeting on Oct. 8, 2008 when the scheme was allegedly discussed, but that the businessmen involved were speaking “practically in Hindu.”
Jackson Jr. is believed to be mulling a possible run for Chicago mayor.
He has not been charged with any crimes.
Last year Congress began an ethics investigation into Jackson Jr. but suspended the inquiry at the request of federal authorities who said it could interfere with the Blagojevich trial.