BB King has a Lot of Money
Jul 15, 2009 Blues, Money, Singer
BB King is being sued by his former manager Floyd Leiberman, who claims that he helped the blues singer make a massive $100 million from 2000 to 2008, only to be left high and dry when it came to getting his cut of the profits. In the lawsuit, which was filed in Supreme Court on New York, Floyd also lists a tone of other ways that he’s been cut out of BB’s vast fortune. Floyd is suing the legendary singer for at least $1.5 million. You helped him make $100 million and you’re only asking for $1.5 million? He obviously doesn’t believe he’s worth more than that.
Tags: BB King, Blues, Floyd Leiberman, Lawsuit, New York, Profit, Singer, Supreme Court
Lil Kim Needs Money
Lil Kim is one of the contestants on Dancing with the Stars. It’s pretty well known that there’s no cash prize for winning that show so it’s safe to say that the once big time rapper is on the wrong show. There’s no way that she could pay her taxes by melting a plastic trophy down. According to The Detroit News, Lil Kim reportedly owes $979,090 in delinquent state and federal taxes. She also reportedly owes money in the states of New York, California and New Jersey. Lil Kim’s rep says though that “Lil’ Kim is paying her tax debt and will continue to do so.”
Tags: Lil Kim
Lil Wayne is Rich
Oct 17, 2008 Birdman, Lil Wayne, Money
While most people are getting more and more desperate with the fall of economy, Lil Wayne has ice sculptures with money in them. To celebrate the Lil Wayne’s 26th birthday, rapper Birdman threw him a huge party in Miami hotspot Mansion nightclub. They really went all out for the event. There was a large Cash Money Records ice sculpture in the room which held 30 bottles of Cristal. Other ice sculptures had $100 bills frozen inside. Lil Wayne also got one heck of a gift from Birdman – a Luis Vuitton briefcase which was filled with a million dollars in cash. I hope they both have good accountants. I wonder if anyone stayed around and waited for the sculptures to melt.
Jimi Hendrix guitar to make a million
Jul 17, 2008 Jimi Hendrix, Legends, Money
A guitar Jimi Hendrix burnt on stage more than 40 years is about to go to auction.
The 1965 Fender Stratocaster, which he doused in lighter fluid and then set on fire at the Astoria in London in March 1967, is expected to fetch around $1million.
Hendrix injured himself after he lit the guitar and had to be taken to hospital with minor burns on his hands.
Hendrix did his burning guitar stunt twice during his career. The one up for auction is the only one still in existence.
Yung Joc Jacked People
Jul 15, 2008 Money, Rapper, Yung Joc
Rapper Yung Joc is being sued by an Atlanta company that claims he took off with almost $25,000 worth of stereo gear. The rapper was due in court in Fulton County yesterday to fight it out with the owners of Stereotypes, a high-end stereo outfit, who claim that they put in a bunch of equipment in his car last year but they ended up getting stiffed out of their fee.
Sir Elton John has been offered $5million
May 19, 2008 Concert Gig, Elton John, Money, Performance
Sir Elton John has been offered $5million to play an hour-long gig for a female Russian tycoon.
Mega-rich Elton, 61, would pocket $1,392 a SECOND if he agrees to perform at the launch of her swish Moscow hotel. A source said: “Initially Elton turned her down because he’s so busy.
“But when the offer crossed the $3.9 million barrier it was too much to refuse, even for someone of his means. And let’s be honest, $5million buys a hell of a lot of flowers. He’s on the verge of saying yes.”
Elton would be flown to the autumn launch by private jet. Security guards would escort him to the hotel in the posh Rublyovka district; where he would play classics, thought likely to include Daniel and Goodbye Yellow Brick Road, before flying straight home.
His fee would be the record paid for a single artist for a gig.
Madonna $25m for two gigs
Apr 18, 2008 Concert Gig, Madonna, Money, Performance
Madonna is to sign the most lucrative contracts of her career – playing two gigs in Dubai for $25MILLION.
The Queen Of Pop is finalising negotiations on a deal to finish her forthcoming world tour in the oil-rich Arab state in November. By my calculations, if one of the gigs – for which she will get $15million – runs to 90 minutes she will pocket a staggering $170.000 a minute.
That’s a pretty impressive pay day by any standards.
And if that wasn’t enough, she is also in talks to perform at a private party for a mystery punter while she is out there which will earn her another $10million.
Sources claim: “Madonna is about to break another record by playing the most lucrative concert of her whole career – or anyone’s career for that matter. The negotiations for the tour to stop in Dubai in November are being finalised and she will get $15million for the one show only. The figure is so big because of her new contract with Live Nation and the huge funds available from private promoters in Dubai.”
Madge signed to the company for $120million last autumn. The source added: “She is also close to agreeing to play at a private party in Dubai, the first in her career.”
If Madge sticks to her confession in a recent interview, she won’t be settling for a bottle of champers and a bunch of flowers in her dressing room as payment. She said she wouldn’t perform at a private bash for less than$10million. All in all it looks like Madge is on a nice little earner.
The deal will have top music figures queuing up for a piece of the action. How long before Sir Elton John is doing a residency?
Madge’s new bosses at Live Nation are keen for this not to be a one-off and are already in the process of brokering similar deals with other massive bands.
Millions of Pounds on offer for just one gig – shouldn’t be too hard to get them signed up.
Jay-Z Steps Down
Dec 28, 2007 Jay-Z, Money, R&B, Rapper, Record Label, Records Sale
It’s been swirling around the rumor mill for a while now and it has finally been proven to be true. Rapper/entrepreneur Jay-Z is stepping down as president/CEO of Def Jam Records after 3 years with the label.
Jay-Z announced it on Christmas eve saying “It’s really about trying to invest in the future, trying to invest in maybe coming up with a new model. Because going in hard making records with artists and throwing those records into a system that’s flawed is not exciting for me. It’s not the music; people ingest music the same way. It’s just that the model of selling CDs has changed. So doing things the typical way is not in the best interests of anyone and not exciting for me. My whole thing is, how do we invest in the future? If everyone is committed to doing that, then I’m sure there’s a deal to be made.”
Pink Gets Sued
Dec 5, 2007 Album, Album Release, Hit Songs, Live Music, Money, Music Artists, Performance, Pink, Pop Music, Punk, Rock, Rumor, Song
Pink released an album called ‘Missundazstood’ a couple of years back and now, it looks like there’s been a missundazstanding. A musician named Scratch has filed a lawsuit against the pop punk rocker for a featured performance on her hit CD.
In the lawsuit, Kyle ‘Scratch’ Jones claims that he is on Pink’s track ‘Respect’ but wasn’t paid for it. According to the suit, Scratch says he discussed payment with Pink but they never came to an agreement. He’s also claiming that his work was used on her DVD ‘Live in Europe’. He’s seeking $717,600 in damages.
A rep for Pink has released a statement regarding the matter saying “There’s nothing to say on this matter, as it is an unjustified lawsuit.”
Ozzy Cleans House
Dec 3, 2007 Los Angeles, MTV, Money, Music, Music Artists, Music Bands, Ozzy Osbourne, Performance, Rock, Singers, TV Show
It was a high-end yard sale for Ozzy Osbourne fans this weekend. They showed up in droves to place their bids on items such as a bat coat, skull sneakers, and many other items belonging to the famous Osbourne family.
The sale was run by Julien’s Auctions. Owner of the company, Darren Julien, told reporters that it was a mix of heavymetal fans and art lovers lining up to bid on the items. “For the most part, the metalheads were outbidding the art crowd.”
The items were sold from the Beverly Hills mansion that formerly belong to Ozzy and Sharon. For the most part, the items that were featured on MTV’s “The Osbournes” were in higher demand that other items. Among the items selling were a coat decorated with bats for $3300, sneakers with skulls on them for $2625, a pair of Ozzy’s sunglasses for $5250, and an oversided coffee mug that Ozzy often carried on the show for $1625.
Those who were interested in art looked for items such as a sculpture by Edouard Drouot, which sold for $10,500.
Julien predicted that the auction would bring in about $350,000. At the end of the sale, they made about $800,000. The family is donating the proceeds to the Sharon Osbourne Colon Cancer Program at Cedars-Sinai Medical Center.
That’s one heck of a yard sale! I could sell the contents of my entire home and probably not make that kind of a bundle. Kudos to the Osbournes for donating the money to a worthy cause.
Garth Brooks Dethrones Elvis
Nov 6, 2007 Album, Elvis Presle, Garth Brooks, Money, Music, Music Artists, News, Pop Music, Rock, Singers
Meet the new king. Not the same as the old King.Garth Brooks, who edged out Elvis Presley in 1999 for the title of best-selling solo artist of all time, only to lose it five years later, reclaimed the crown from the King Monday, according to the tab keepers at the Recording Industry Association of America. Ok, now I will admit that Garth Brooks has definitely made his mark in country music, and he’s won every kind of award there is…and once upon a time I drooled everytime I saw his face… but dethrone Elvis??? GET SERIOUS, PEOPLE!!! NO ONE, least of ALL Garth Brooks, could ever dethrone Elvis! I don’t care if he sold a million copies of cd’s every day for the rest of his life…he’ll NEVER come CLOSE to Elvis on ANY level. My advice to the writers of these kinds of articles… PLEASE choose your words more carefully!! Stats are for real but yet could be misleading. Garth could be great but certainly not the greatest and still not greater than that man called Elvis.
Jennifer Lopez Pisses Off Her Label
Nov 1, 2007 Album, Jennifer Lopez, Money, Music, Music Artists, New Single, Photography, Record Label, Records Sale, Rumor, Singers, Song
Jennifer Lopez is pissing off her record label because she is way too expensive to take care of and doesn’t really make any money for the label. “She costs too much money and doesn’t sell enough,” says a source. “Her last album cover alone cost $60,000 in hair and makeup, lighting, photographers, re-touching, etc. The video budget was in the neighborhood of $300,000.” Since she’s married with Anthony, her carrier is down, she sell all in Spanish, a flop with “como ama una mujer”, flops with Latinos film….. She can really thank P Diddy!!! She is and always has been a mediocre singer. I admire a husband that would encourage his successful wife to step out of her comfort zone and take on new challenges, weather she succeeds or not. She hasn’t changed with the times. The consumer wants an artist to evolve. Her “Brave” album would have done well in the late ’90s, but not anymore. Just doesn’t cut it.