If im not mistaken, Master P filed chapter 11 cuz his old label (the original no limit) was goin down, then he started his new label "The New No Limit"
Jay Z Is A Failure At Def Jam
I've said this from the very beginning, Jay doesnt know what hes doing. He put out Bleek and the Young gunz who flopped something horrible. Bleek's last album did over 100k in the first week under dame's marketing but as soon as jay gets rid of dame and releases another bleek album with more promotion bleek only sells 60k or so the first week lol. Then his dumbass releases the young gunz a week or so after memphis bleek's nonsellin album. Doesnt sound really smart to me. The only thing that did good since jay took over was mariahs album and he didnt really have much to do with that since shes on island def jam. How do u gear up your first 2 releases on def jam to be from some no name ass milk carton rappers like memphis bleek and young gunz? Next up look for jay z to flop with budden.
Even joe budden agrees with me...
http://www.mtv.com/bands/m/mixtape_monday/060605/?_requestid=28853
Seems like Dame is the real businessman of the 2 , he got beans to do 150k or so the first week and hes probably sold more than young gunz and bleek combined
Joe Camel is a failure over at def jam hes running them into the ground
R.I.P. Def Jam Records
I think Jay needs to take notes from 50 cent and his marketing crew. Jay been tryna sell bleek and beans for years, as soon as 50 comes out he puts out his artists and they are all multiplatinum selling stars.
Jay isnt the president of hip hop, def jam hasnt even been much of a factor in a while. Hes just the president of some rundown label until hes fired (hopefuly sometime soon)
50 Cent's Marketing >>>>>>>> Jay Z's Marketing
oh and by the way...
Interscope Records >>>>> Def Jam Records