Hip Hop Artists
Home arrow News arrow 50 Cent arrow 50 Cent To Sign $300 Million Dollar Deal With MySpace Owners?



50 Cent To Sign $300 Million Dollar Deal With MySpace Owners?

Wednesday, 14 May 2008 |   Written by Jason   PDF Print E-mail Post a Comment
    With record sales dropping, artists are now signing deals that allow companies to control all aspects of their income in exchange for upfront and backend money. Madonna and Jay-Z recently signed such deals with touring giant Live Nation.

    Rumors are now circulating that 50 Cent is close to signing one of these deals, with MySpace.com owners, NewsCorp. A website is claiming "inside sources" told them that 50s close to signing a $300 million dollar deal (half in stock, half in cash) which would leave 50 one of the largest share holders in NewsCorp.

    The story says that the deal would include 50 & G-Unit moving to MySpace Records (which they are about to launch), 50's touring, 50's Thisis50.com website, a G-Unit book deal, 50 Cent & G-Unit music publishing and give 50 a production studio to create film & tv projects.

    The deal would reportedly go into effect in 2009 when 50 completes his contract with Interscope Records. Nothing is confirmed and right now it's strictly a rumor.
SHARE THIS
Bookmark and Share
Use these links on your myspace, blogs, message boards, etc.
URL
HTML
BBCode
News Headlines
Monday, May 07. 2012
Monday, April 30. 2012
Monday, April 02. 2012
Thursday, March 29. 2012
Monday, March 26. 2012
Tuesday, March 20. 2012
Monday, March 19. 2012
Tuesday, March 13. 2012
Thursday, March 08. 2012
Tuesday, March 06. 2012
Monday, March 05. 2012
Thursday, March 01. 2012
Wednesday, February 29. 2012
Monday, February 27. 2012


Popular News
Popular Audio
Newsletter