 Music mogul L.A. Reid has sold 100 percent of his 162-song writing and publishing catalog. Reid is reportedly selling his catalog to the same company RZA, and No I.D. sold their catalog to—Hipgnosis Songs. The amount Reid received for his catalog was undisclosed, but Hipgnosis appointed the music mogul to their advisory board. Some Reid’s catalog
Yelp’s platform is known for people leaving reviews about different establishments across the world. While many take to Yelp to leave reviews for restaurants, many utilize the platform to point out service features and issues. Now, Yelp has added a new feature that alerts users about reports of racist behavior at a business. Yelp took
House Democrats have introduced a new, updated stimulus package includes a second round of $1,200 stimulus checks. Still being dubbed the HEROES Act, the proposal will also give $500 for every dependent, which would be exempt from being reduced or offset for past-due child support, unlike the first checks. They are also pushing for the
It was revealed that TikTok was set to be banned in the United States by the Trump administration, but the ban was temporarily put off after TikTok was bought by Oracle. Trump spoke on the deal, saying “I have given the deal my blessing. I approve the deal in concept.” Now, a federal judge has
According to reports, Wells Fargo & Co Chief Executive Charles Scharf ruffled feathers during a Zoom meeting earlier this summer while discussing diversity. Scharf claimed that the reason behind poor diversity recruitment, particularly among African Americans, is their lack of talent. In further defense of Scharf’s comment, Wells Fargo spokeswoman Beth Richek told reporters Scharf “is
Amid Kanye West’s public war against Universal Music Group with the plan of buying back his masters, Russ weighed in on the conversation on Twitter. Before clarifying that he owns his masters and was merely providing suggestions for other artists, Russ gave props to Nipsey Hussle, stating, ” He was really changing the game and movin’ the
Both companies have threatened to temporarily cease operations in California, arguing that classifying drivers as employees would undermine their business models. Judge Schulman recently denied their request for more time to appeal his decision. If additional appeals are denied or not heard in time, Uber and Lyft plan to discontinue business in California after August
Former Sony and Interscope exec Steve Stoute, who started his music distribution platform United Masters, recently spoke at the two-day virtual SelectCon conference, and a big topic was about artists signing with labels or staying independent. He was joined by Russ, who recently completed his deal at Columbia and celebrated being an independent artist. Russ
Russ announced that he raised $500,000 for 10 Black-owned grassroots organizations by selling anti-racism masks and hoodies, which features the quote, “If you want to change the system, speak up. White silence is pro-racism.” Russ made the announcement on Instagram with a post that read, “With the help of the amazing fans me and @kidsuper
The massive effects of COVID-19, along with the lockdown that followed to curb the spread of the disease, hit businesses hard. Now, Nike has revealed how the coronavirus has affected their business, saying they recently saw a loss of $790 million in net profit. Nike revealed the news via a company email, and the $790
