50 Cent has reportedly fallen on hard times. After being deemed as one of hip-hop’s cash kings for almost a decade, Fif filed for chapter 11 bankruptcy on July 13, according to reports. He reportedly has assets and debts that range between $10 and $50 million.
In support of his debut independent album, Broke With Expensive Taste, Azealia Banks will be touring with K. Michelle this fall. The two will be joining forces to embark on a 20-city tour that will kick off on Sept. 15th in Indianapolis. They will be performing in cities like Detroit, Baltimore, New York, Atlanta, Houston, Dallas and Denver before having the grand finale in Los Angeles on Oct. 15th.
Glory Boyz Entertainment rapper, and Chief Keef associate, Capo was reportedly killed in Chicago today.
The Chicago Tribune reports several shootings, one of which occurred this afternoon on the 7700 block of South Kingston Avenue on the city’s South Side. A young man (confirmed by friends to be Capo) was shot in the hip and back and taken to the Advocate Christ Medical Center where he was subsequently pronounced dead.
Atlanta rap trio Migos announce the new name of their debut album, Yung Rich Nation, dropping July 31st on Quality Control Music (distributed by 300 Entertainment). They also unveil the new artwork for the LP, which features all three members Quavo, Offset and Takeoff emblazoned on one of their signature gold medallions. The album is available for pre-order now and all purchases will automatically receive “One Time,” “Pipe It Up” and “Recognition” as instant grat tracks.
On the heels of releasing their highly successful debut clothing line Yung Rich Nation that’s been selling out across the country, their hit track “Fight Night” has officially been certified Gold by the RIAA. Further solidifying that it’s their time, Migos were recently profiled in Rolling Stone magazine who then crowned them “Atlanta’s hottest rap group“.
Scarface has been released from the hospital after being hospitalized on June 30th in Albuquerque, NM, XXL reports. The Houston rap legend was performing with the Geto Boys the day before for thier month-long tour which has now been put on hold. The reason for his hospitalization has not been disclosed.
Scarface has battled with depression and was also hospitalized for high blood pressure in 2002.
After recently being freed from Fayette County Jail on bail, Rick Ross has announced that he is working on new music. The MMG boss’ lawyer, Adamma McKinnnon, told The Daily Beast that his client is prepping his eighth studio album, tentatively entitled Black Dollar, and that it is “dropping soon.”
McKinnon said Ross feels like he is being framed because of his celebrity status.
Kid Cudi fans rejoice! Mr. Rager will be releasing new music later this month. The Cleveland rapper went on twitter to explain details about his new album Speeding’ Bullet to Heaven, claiming that it is almost completely finished. Cudi also went a little bit in detail about the album to. Check out some of the tweets:
Meek Mill’s long awaited sophomore project, Dreams Worth More Than Money, is expected to land in the no. 1 spot of the Billboard 200. The album is projected to sell 200,000 equivalent album units its first week out, Billboard reports. His latest single from the LP, “All Eyes On You,” featuring Chris Brown and his bae Nicki Minaj debuted on The Hot 100 chart this week in the no. 81 slot.
There were lots of jokes when Tyga dropped his new opus.
Tyga’s The Gold Album: The 18th Dynasty was highly a anticipated at one point, but it seems Cash Money label woes have gotten the better of him.
Rihanna has become the first artist to have than 100 million gold and platinum certifications under her belt. The Recording Industry Association of America has announced that Rih has the most Digital Single Awards and is the only artists to reach having 100 million cumulative certified singles.