In this week's Pulse Report, Jimmy Iovine pulls the plug on Jada's response, Lil Wayne and BG call a truce and Damon Dash gets married.
1. Iovine to stop Jada's 50 Cent diss. While 50 has recently been poking fun at his labelmate Jadakiss, heads haven't heard much of a response from Jada. Lately, 50 has appeared in countless outlets discussing his motives for dissing Jadakiss, Fat Joe, Nas and Kelis on his highly anticipated track, "Piggy Bank." In XXL's February issue, the Queens rapper even told the publication that Kiss wasn't on his level because he's yet to get a platinum plaque. While the streets are impatiently waiting for Jada to strike back, insiders say Mr. Raspy may not get to retaliate. Rumors are spreading that Interscope Chairman, Jimmy Iovine won't allow a diss track because 50 is generating to much revenue for the label. Sources are saying Iovine fears the damage a tested lyricist like Kiss could inflict upon 50.
2. Wayne and B.G. squash it. After years apart, word is spreading that Lil Wayne recently made peace with former Cash Money artist B.G. Wayne has been at odds with B Gizzle and Juvenile since the two left Cash Money due to monetary disputes. Now sources say, Weezy and B.G recently hit the stage together and told the crowd that their feud was history. The squashed beef further fuels rumors that Wayne is leaving Cash Money. Insiders say that Wayne dropped the grudge against Juve and B.G. because he's now in a financial tussle with Cash Money and understands where his former associates are coming from.
3. Dame Dash ties the knot. Word is Dame Dash got married to the mother of his two children this past weekend. Sources say the Dash and Rachel Roy tied the knot in a private ceremony with close friends and relatives. However, the nuptials may not have been all joyful. Speculation has it that Dame broke his collar bone when a big wave struck him as he was playing on the beach with his two-year old son.
4. Kanye West and J-Dilla split Common duties. While previous reports stated that Common's upcoming album, Be was to feature an eclectic group of producers, word is that Kanye West and J-Dilla are the only two beatsmiths on the offering. Sources say the album has been turned in to Geffen Records and that executives are buzzing about the record's solid quality. West, who is overseeing the project, reportedly crafted roughly 85% of the opus while Dilla contributed the rest. Furthermore, the Louis Vutton Don is said to have switched his style and provided Com with heavy boom bap production for the record. After being bumped from its January date for a March release, word is Be is now slated to hit the streets in January.
5. Warner Bros, Lil Jon and Koch Records make The Source Power 30. This year, new players are making their way up The Source magazine's "Power 30" while previously highlighted veterans are losing ground. With the addition of Lyor Cohen and Kevin Liles to its executive board and massive sales from Twista, Fabolous, Trick Daddy and T.I., Warner Music Group/Atlantic Records sits at #5 on this year's list. Meanwhile, Cohen and Liles' former home, Island Def Jam, who usually resides in the upper echelon, ranks at #9 this year. Also on the downfall, Russell Simmons and P. Diddy, who routinely appeared in the Top 5 in the late 90s now respectively rest at #12 and 13. Another top contender, Roc-A-Fella Records, is also sliding on the juice list. With the imprint now folded into Def Jam and only three releases in the past year, the Roc lands at #16. Jermaine Dupri also sits abnormally low at #27. After producing countless hit records, shattering independent sales records and being parodied on Chappelle's Show, Lil Jon pushed Steve Gottlieb's TVT Records/BME in the tenth spot. Further down, Koch Records also climbed the ladder. With strong releases from Alchemist, B.G. and the recent addition of Shaquille O'Neil and DJ Kay Slay to its label, Koch ranks at #20. Other regulars include BET, MTV, Interscope Records, The Inc., Cash Money, Ludacris, Nelly, Snoop Dogg and The Neptunes. Meanwhile Capitol Records, Wendy Williams and F.E.D.S magazine made new entries on the list.
aint said it b4 but for the record FUCK INTERSCOPE.