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Dame Dash Sheds Light on Tax Troubles

Dame said a failure of accounting has complicated the matter.

Dame Dash, who has been in the news recently for reportedly owing millions of dollars in back taxes, appeared on Sway Calloway’s Shade 45 radio morning show to shed some light on the issue. According to Dame, things are potentially even worse than they seem.

“I owe way more than $2 million in taxes,” he said, referring to the figure reported in the press. “That must’ve just been the IRS,” he continued, laughing. “Nah, nah, I’m f***ed up.”

The hip hop mogul went into further detail to explain his situation.

“They’re auditing me,” he said. “When you’re a business man, you have a lot of businesses, a lot of times they think you’re laundering money or you’re pretending you’re writing things off that you don’t. I’m a true businessman. As you know, I believe in my independence, I have no partners, so every dollar I make goes right back into every business I have.”

Dame said a failure of accounting has complicated the matter.

“If I have an accountant that just reports I just invested $10 million in my business and he doesn’t exactly itemize where every cost goes, it gives a flag to the government. They want to make sure that the reason I’m not paying taxes is because I’m reinvesting in these businesses and not trying to hide stuff.”

Dash, who rose to prominence with Jay-Z as a co-founder of Roc-A-Fella Records and Rocawear clothing, is currently working to straighten things out with Uncle Sam.

via bet.com

Young Jeezy Announces Release Of “The Real Is Back 2″

Jeezy says that a sequel to his mixtape from earlier this year is set to drop within the week.

Although it’s been three years since Young Jeezy released his smash third album The Recession, that doesn’t mean the Snowman’s been slacking off with music. He’s been holding steady on the mixtape scene, producing critically acclaimed projects like Trap or Die 2 and this past May’s The Real is Back. Now, with an album on the horizon, the CTE Entertainment CEO is re-teaming with DJ Drama for a sequel to his hit tape from earlier this year.

In a recent interview with FreeOnSmash, Jeezy revealed that he is planning to drop his latest mixtape The Real is Back 2 before his next album Thug Motiviation 103: Hustlerz Ambition hits shelves this September 20. He also added that the tape, which is to be hosted by DJ Drama, will hit the Internet within a few days.

“The Real is Back 2 – what if I told you that?” he said. “That was [an] unoffcial [announcement], but I’m saying it. Take it how you want to take it; I said it, I might mean it. [As] a matter of fact, I know I mean ‘cus I said it. The Real is Back 2 – give me a week…three days, that’s all I need.”

via hiphopdx.com

Cash Money Sued For $15 Million Over “BedRock”

The lawsuit, which was filed on August 1st, claims that the rapper stole their copyrighted tune “BedRock,” and incorporated it into the track of the same name, that was eventually featured on the compilation album We Are Young Money.

(AllHipHop News) Rapper Lil’ Wayne has been hit with a $15,000,000 lawsuit over the hit single “BedRock.”

Done Deal Enterprises, based in Waynesboro, Georgia, filed a lawsuit against Lil Wayne, Young Money Records, and Cash Money Records, in the United States District Court, Southern district of New York, over the song.

The lawsuit, which was filed on August 1st, claims that the rapper stole their copyrighted tune “BedRock,” and incorporated it into the track of the same name, that was eventually featured on the compilation album We Are Young Money.

We Are Young Money peaked at #1 on the Billboard Rap charts upon its release in December of 2009.

The Young Money version of the tune featured guest appearances by Drake, Nicki Minaj, Lloyd, Tyga, Gudda Gudda, Jae Millz and was originally produced by Kane Beatz.

According to the lawsuit, the single has moved an estimated 3,000,000 copies, while the album has been certified Gold (500,000 sold) by the RIAA.

The rapper and his counsel have been directed to appear in court on October 12th, 2011.

via www.allhiphop.com

DMX Speaks On Recording New Album, Keeping A Clean Slate

Dark Man X is working hard in the studio in hopes of putting out a new album before 2012.

Fresh out of his seven-month prison sentence, DMX is hard at work on his comeback album, tentatively titled Redemption of the Beast. Speaking with Billboard.com’s The Juice, Dark Man X explains that he has been working “nonstop, every day” on the project, which he hopes to release before December.

“I kind of took it back to how I felt on my first album — the hunger, the energy, the hardness of it,” he said. “I’ve had a lot of late nights in the studio, getting it in, getting it back to where it’s supposed to be. [... The album will be] bringing hip-hop back to where it’s supposed to be. It’s not at a good place right now… [There's] a lot of whack rappers out there. It’s too corny.”

X, who reportedly worked with Swizz Beatz, Dame Grease and Caviar on the album, says that he’s mostly been working in the studio on his own. He’s still in negotiations with Rick Ross to join Maybach Music Group, and is still planning to shoot a reality show that unites his 10 kids. As for staying out of trouble, X plans on keeping his slate clean.

“The first time around, it was given to me. Now, I’m working for it,” he continued. “There’s definitely a difference in what I’m gonna give, and what I’m gonna get out.”

via hiphopdx.com

Drake Recruits Stevie Wonder For Take Care

'We actually are writing together, which is an incredible experience,' Drake says of collaboration.

Drake has some pretty cool friends. During this weekend’s OVO Music Festival in Toronto, Canada, the Young Money spitter brought Lil Wayne, Nas, J. Cole, Rick Ross, The Weeknd and 22-time Grammy winner Stevie Wonder to rock in his hometown. After the show, Drizzy Drake confirmed to MuchMusic that Wonder will be appearing on his upcoming Take Care album.

The news came on the same day that the rapper released the LP’s first official single “Headlines.”

“He helped me out with a lot of the music, just came and sat with me, listened to my music, told me where I could add a couple things to make it more sonically appealing, and not only that but we actually are writing together, which is an incredible experience,” Drake said of his collaborations with the Songs in the Key of Life singer.

In the interview, Drake described Wonder as a “very close friend” who has embraced him early in his career. And the elder singer was more than happy to join Drake onstage in Toronto.

“So I hit him, asked him to come by, and with no hesitation he hit me back like, ‘I will be there.’ Not only that, but he was supposed to do two songs and he did like six,” Drake told the Canadian television network. “It was incredible.”

While fans await Take Care’s October 24 release date, Drake has been releasing possible album cuts through his October’s Very Own site. First was the lyrical stream of consciousness “Dreams Money Can Buy,” which he dropped in May. Then there was “Marvins Room” a month later, which, like “Dreams,” the rapper described as a piece of his “story.” On “Trust Issues,” a track the YM soldier released on his blog in June, the rapper interpolated portions of his chorus on DJ Khaled’s “I’m on One.”

While both “Marvins Room” and “Trust Issues” find Drake singing for much of the time, on the Boi-1da and Noah “40″ Shebib-produced “Headlines,” Drake spews out rap bars over a synthy affair. He starts off, “I might be too strung out on compliments, overdosed on confidence/ Started not to give a f—, and stopped fearing the consequence,” and then gets super-cocky when he drops, “Soap opera rappers, all these n—-s sound like ‘All My Children’/ And that’s who you thinkin’ is ’bout to come and make a killin’?/ I guess it really is just me, myself and all my millions.”

As to when Drake will release any of his Stevie Wonder collaborations before the album’s October release date however remains to be seen.

T-Pain Sues his Previous Signature Auto-Tune Maker

T-Pain's deal with Antares ended in June, now he has a new partner with music software company Izotope for a new product called The T-Pain Effect.

(singersroom.com) Auto-Tune hitmaker T-Pain has filed a lawsuit against Antares, the music software company that sells auto-tune, for allegations of illegally using his image and likeness to sell products. T-Pain’s deal with Antares ended in June, now he has a new partner with music software company Izotope for a new product called The T-Pain Effect.

With the release of The T-Pain Effect, the producer/singer claims Antares continues to use his personal brand, which will decrease the sales of his new product. In what has become the “Can’t Believe It” singers signature style, he is seeking a million dollars in damages from Antares.

Outside of the lawsuit, T-Pain plans to release his fourth album ‘RevolveR’ when he gets 1,000,000 followers on Twitter.

Tupac’s “Greatest Hits” goes diamond status

The Tupac legacy continues.

Tupac Shakur’s greatest hits collection from 1998 has finally hit the 10-million mark in sales – more than a decade after its release.

It has been almost 15 years since Tupac died in the Las Vegas metropolitan area of Nevada six days after being gunned down on September 7, 1996, but the rapper’s legacy continues to live on.

Incredibly, only a few weeks after what would have been Tupac’s 40th birthday, which was celebrated by several artists and included a performance of track Tupac Back by Rick Ross and Meek Mill, the late hip-hop star has achieved another success as his Greatest Hits album hit diamond status on the US Billboard chart.

The Recording Industry Association of America (RIAA) announced last month that the two-disc compilation had sold an additional million copies to push total sales beyond the 10-million mark since its release in November of 1998.

The CD has eventually overtaken 1996 release All Eyez on Me to develop into Tupac’s biggest success and gives him his first diamond status album.

Greatest Hits has become well known for the inclusion of four previously unheard Tupac tracks, while the album also includes several re-edited versions of older songs.

Changes – which was the single taken from the album – also helped 2Pac earn the only posthumous Grammy nomination in the category for Best Rap Solo Performance.

Moreover, the track God Bless The Dead is renowned for a lyric in which 2Pac says: “Rest in peace to my motherf***er Biggy Smallz.”

Many people misconstrued the line to be referring to former rival Notorious B.I.G., who died in March of 1997, several months after 2Pac had passed away.

However, the lyric was, in fact, alluding to an associate of hip-hop group Live Squad’s Stretch as the underground White/Latino rapper from Los Angeles – who died in 1994 – had appeared on the song.

Rihanna releasing seventh single from Loud

The singer is putting out Cheers (Drink To That) as her latest offering from her massive album.

I remember when George Michael milked his Older album for all it was worth back in the 90s by releasing every single song as a single in its own right. It seems that Rihanna is heading to do the same as she names Cheers (Drink To That) as the seventh single from her Loud album.

Although she did have massive hits with Love The Way You Lie (part 2) and S&M, other singles California King Bed and Man Down only made so-so impacts, while Raining Men…well, do you remember it being released? Exactly. It’s good for every album to be full of potential hit songs that are catchy and memorable but that doesn’t mean they have to be released as singles.

I’m sure by now most people who have the slightest interest in Rihanna and her work have by now bought the album, and to be fair, single sales aren’t the same as they used to be in the digital download age. Perhaps that’s the problem though, it’s so easy to release a digital single now, unlike the days when it all came down to those circular pieces of plastic.

Jeezy Talks Recording “Thug Motivation 103″ & Taking Time Off

Jeezy said he first began to record in Miami but got too distracted by the celebrity scene.

Young Jeezy stopped by Angie Martinez’s Hot 97 radio show on Thursday to premiere his new single “Shake Life” and gave a few details on the process of recording his upcoming album Thug Motivation 103.

Jeezy said he first began to record in Miami but got too distracted by the celebrity scene. “It took a long time to get the direction I was going, but when I got in the zone everything locked up,” he said, explaining that he also needed a break in between projects.

“I had to go back and recollect because it got to a point where I was so far away from what I know and what was helping me articulate my music,” Jeezy said. “I’m on tour with [Lil] Wayne, so that’s that rapstar superstar life–and I love it by the way–but then I had to go back home just to see what was really real, so I could take that from the streets and spread the word.”

He also confirmed that “Shake Life” is the first official single from the album, despite the fact that “Ballin’” debuted a few months earlier. Fans hoping for classic Jeezy might be in luck, “I didn’t want to get influenced by the label and what was going on, or what type of records people making, I make records for my people, I make records for the struggle.”

Chris Brown Dominates R&B/Hip-Hop Songs Chart

Breezy is the third artist to chart three titles at concert in Billboard history.

(Billboard.com) – Chris Brown debuts three new titles, simultaneously, to the Hot R&B/Hip-Hop Songs. He holds guest spots on Ace Hood’s “Body to Body,” Game’s “Pot of Gold” and his own, “Wet the Bed,” feat. Ludacris.

All the songs debut a bit under the No. 50 mark. “Body to Body” charts at No. 73. Game’s new single, “Pot of Gold,” off “The R.E.D. Album” (Aug. 23) charts at No. 75 and Breezy’s “Wet the Bed” holds the No. 89 spot. Chris currently holds seven cuts on the R&B/Hip-Hop Songs chart.

Breezy is the third artist to chart three titles at concert in Billboard history since we began using Nielsen data to power the charts in December, 1992. Gucci Mane and Lil Wayne debuted three tracks simultaneously in the week of June 27, 2009 and Oct. 10, 2009, respectively.

Wednesday (July 20th), Chris Brown officially announced his hip-hop upcoming mixtape, titled “Boy In Detention,” vai Twitter. “New (chris brown) hip hop mixtape called “Boy In Detention” coming soon! [sic]” Brown tweeted. “And people… Yes I’m a singer so if thsi mixtape doesn’t reach your quota for hip hop! Simply don’t listen..” Brown has been toying with the idea for a minute, and not a bad one especially after the great responses his “Real Hip Hop Shit” freestyles have received.