Friday, November 04, 2005
Rumors of Jay-Z Buying The Source Circulating Again
Been receiving this news item from Women's Wear Daily all morning: the rumor that Jay-Z is part of an investor's group including Lyor Cohen and Steve Stoute seeking to acquire The Source is making the rounds again.

Here's the question for the day: is this a potentially good thing for the magazine and hip-hop journalism in general? Or is it an ethical red-flag only slightly less troublesome than the mag's current situation?

Damon Dash's own investment in America Magazine wasn't a smooth one. This fall, editor-in-chief Smokey Fontaine and Dash were reportedly having it out over control of the magazine, with Dash allegedly attacking Fontaine in an argument over a Sean John advertorial. The beef apparently continues, and Fontaine is looking for new backers.

posted by Zentronix @ 10:25 AM   3 comments

3 Comments:

At 11/6/05, 2:15 PM, Blogger ronnie brown said...

foxes guarding the hen house.

In this era of deregulation and media consolidation, why should "Global Hip-Hop Ltd." be any different?

 
At 11/6/05, 5:47 PM, Blogger ronnie brown said...

Methinks the watchword "be careful what you pray for, you just may get it" applies in this case...We got what we wanted; we wanted to get paid, and now we're hooked on the check from the record company, the corporate sponser...now look at Hip-Hop...From Public Enemy, KRS-ONE to 1001 ways to see a bootie clap.

 
At 11/9/05, 8:19 AM, Blogger Unknown said...

whatever happened to editorial control? thats what happened at the Source where the actually owners of the magazine took creative control of the publication. This is not new but very unethical. One would think that heads like Jay Z would be understanding of this. then again, i take that back.

 

Post a Comment

 

Previous posts
Hip-Hop Voters May Swing Mayor's Election In Detroit
Defend New Orleans
Hyphy vs. Thizzin'
Rant Addendum
Clear Channel Could Lose Its Licenses In California
At The Source: Evictions, Lawsuits, and An $18M Bill
Alt-Media: The Other Shoe Drops...
New National Consensus After Katrina: FIGHT POVERTY
Rap Sessions Hits The Road
Gentrifying Disaster: The Latest From Mike Davis O...


select * from pages where handle = "BlogLinks" #content#

Archives
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
 

Email list

Add me to the Can't Stop Won't Stop email list, an irregular update of what's new in our world:

Submit