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Friday, August 12, 2011

THE URBAN NET PRESENTS


University Of Life Presents~ Aug 14th 2011 (Sun) 7PM - 9PM The Urban Net In Gaithersburg, MD. FREE ADMISSION~Open Mic 7PM Special Guest (Len Barksdale and Daun-Te Live w/Band) Tell A Friend And We Can't Wait To See You There! {You Never Know What You Gonna Catch @ The Urban Net}.

All Access- Plastic Cup Boyz clothing...Webisode # 2

All Access - Meet the Plastic Cup Boyz

HTC Acquires 51% of Dre's Beats Electronics For $300 Million





Super producer Dr. Dre and his company Beats Electronics will sell a 51% stake of the company to Taiwanese telephone maker HTC for $300 million dollars.

Beats Electronics is a venture between Dr. Dre, Jimmy Iovine and Interscope Records.

The company specializes in making high end headphones, which are customized for a variety of pop stars, who sell them to their fan base.

In addition to the Beats by Dre line, Beats Electronics has made headphones for artists such as Lady Gaga, Justin Bieber and others.

According to the Wall Street Journal, the company was acquired to improve the sound quality on phones, music, video games and movies for HTC.

“This will give us opportunity to innovate,” HTC Chief Executive Officer Peter Chou said.

Dr. Dre and Jimmy Iovine will continue to run Beats Electronics.

“When Jimmy and Dre started this, they had a very specific vision of what Beats would be,” said Beats Electronics president Luke Williams. “It wasn't about headphones, it was about fixing the degradation of sound.”

Ghostface Goes On The Offensive Against Universal Over Royalties





Ghostface Killah has gone on the offensive against Universal Music Group, in a new lawsuit over the rap groups royalties.

Ghostface Killah, born Dennis Coles, filed the lawsuit yesterday (August 10th) in New York State Court, claiming that Universal is collecting twice the amount it is supposed to in royalties.

Universal has claimed that they owned 50% of the Wu-Tang Clan songs, but according to a decision in February, Universal only owns a 25% stake and should only be collecting 12.5% of the income earned from the group's songs under the contract.

The lawsuit claims that Universal Music has collected twice the amount of royalties, and therefore owes Ghostface tens of thousands of dollars in royalties.

News of the lawsuit against Universal comes after Ghostface Killah himself was subject to a lawsuit by Jaques "Jack" Urbont, creator of 1966's "Iron Man Theme."

In that lawsuit, Urbont claims that Ghostface illegally sampled and used his trademarks for “Ironman,” and “Tony Starks," to enrich himself without paying royalties.


Thisis50: Red Cafe Talks About The Hold Up For His Album, Groupies & Cho...

 

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