According to reports, 28 employees have been laid off from Jay-Z's Rocawear offices in New York City.
That number equals half of the total staff in Rocawear's Manhattan office. The layoffs reportedly took place on January 6 and were due to "economic" problems.
YMCMB rapper Tyga is accused of inciting a riot when he was a no show for his January 6th concert in San Diego.
According to TMZ, despite numerous attempts to locate the rapper, Tyga was unable to be reached and was an eventual no-show to his San Diego, CA performance at the World Beat Center earlier this month.
Kid Cudi and producing partner Dot Da Genius have announced the delay of their upcoming, rock-inspired album, WZRD.
The album was originally set for release on January 30 - the same day as Cudi’s birthday – but will now be hitting retailers on February 28.
Odd Future continue to prove that their year of success in 2011 was no fluke, with the announcement of their new compilation album, The OF Tape Vol. 2, as well an upcoming tour for 2012.
The album, to be released on Odd Future Records, is set to drop on March 20 and will feature new music from all members of the Odd Future camp including: Tyler, the Creator, Leftbrain, Frank Ocean, Domo Genesis, Hodgy Beats, The Internet, Mike G, and Syd the Kyd.
The upcoming G.O.O.D. Music compilation may be one of the most anticipated albums of 2012.
In addition to head honcho Kanye West, G.O.O.D. Music artists Pusha T, CyHi Da Prynce, Kid Cudi, Big Sean, and Mr. Hudson have all recorded for the new album, and a majority of them are currently in London working on the project.
In a recent interview with Kevin W. Reese on Hot 93.7, Papoose discussed the benefits of going the independent route.
"A record label's not stopping you from paying for your own studio time...pressing up your own CD, and selling it to the people," explained Pap. "The more you do it, the more notoriety you will gain as you go along. You're not gonna start at the top, but eventually, if you keep doing it and be consistent, you'll get there."
Lil Wayne and Karmaloop have teamed up to distribute the former’s new clothing line Trukfit, which launched last week in New York City, New York.
In a clip lensed by Karmaloop at the party, Weezy presents the line, which will be sold exclusively at Karmaloop.com. Fans will be able to choose from approximately 40 items, including graphic tees, raglans and hats, by late January, and will be able to purchase from 100 items come March.
R&B star Ne-Yo and Hip-Hop personality Sway Calloway will surprise over 500 Seattle middle school students tomorrow (January 18), in Seattle, Washington.
Ne-Yo will serve as principle of the day at Aki Kurose Middle School Academy, where he will also co-teach math classes.
The sequel to 2006′s Gold-certified album Like Father, Like Sonis on the way according to Cash Money founder Brian “Baby” Williams.
The announcement came yesterday (January 14) when Birdman tweeted “LikeFather LikeSon 2 Tha Last MOB.YMCMB.”
After striking success over the past few years, Beats By Dre is splitting from Monster Cable Products when its five-year contract expires at the end of 2012.
According to Business Week, Beats, which held a 53 percent stake of the $1 billion annual headphone market in 2011, has decided to terminate its partnership with the electronics brand. While each company says that there is no animosity, the publication reports that there was ill will over financial terms, “with divergent views on which side deserves the most credit for the line’s success and Beats balking at its share of the revenue.”