All Articles Tagged "50 cent"
Update: Variety reports the Federal Communications Commission has approved the AT&T-DirecTV merger, allowing AT&T and Starz to create a new deal to distribute hit shows such as “Power” and “Outlander.” In a statement, both companies shared:
“AT&T and Starz have reached an agreement to continue our longstanding relationship.”
This agreement occurred, surprisingly, after executive producer 50 Cent accused AT&T of racism in several social media posts that went viral. The negotiations between the two companies were finalized hours before the deadline to renew their contracts approached.
Original Report- July 20,2015:
In the midst of 50 Cent filing for bankruptcy, the executive producer of Power, now has a bone to pick with cable provider AT&T.
The telecommunication company is stalling on an agreement to carry the Starz channel, making viewers who have them as cable providers or their cable branch U-Verse unable to view 50’s hit show. During a Twitter rant, 50 accused AT&T of being racist and shared that it, along with U-Verse has plans to discontinue service for cable channels that carry “urban” television shows.
It’s just a set back to the 500,000 AT&T viewers that won’t see POWER next week. It’s AT&T’s fault.… https://t.co/6qMgSCgE8F
— 50cent (@50cent) July 19, 2015
Man Im sorry I have say this, but AT&T is racist they have had issues in the past and here we go… https://t.co/69rOlT4ke6
— 50cent (@50cent) July 18, 2015
Power kicked off its second season with more than six million viewers an episode via multiple plays and platforms, reports Deadline Hollywood. Half of Power’s viewers are African-American which is reportedly more than any other scripted show on premium cable. Starz is also the second most subscribed premium cable channel after HBO. Starz secured its deal with AT&T in February 2012 and Starz Play, Encore Play and Movieplex Play were added to U-Verse in December 2012.
A Starz spokesperson released a statement on the issue:
“Starz is in ongoing negotiations with AT&T U-verse to continue distributing its 30 Starz and Encore channels and services at a fair and reasonable rate… Without a new agreement, the millions of AT&T customers who have chosen to subscribe and pay for Starz and Encore will be at risk of losing these channels and the popular original programming like Power and Outlander, as well as thousands of movies. Starz has enjoyed a strong and mutually beneficial relationship with AT&T until now. We are hopeful AT&T will negotiate in good faith and that we will reach a fair agreement that allows its customers to continue to get great entertainment at a good value.”
However, AT&T responded by noting, “Starz and their paid talent can spin up whatever they like, but the bottom line is we’re NOT going to negotiate a deal that is bad for customers. In these negotiations, our customers are all that matter to us.”
Curtis “50 Cent” Jackson has been ordered to hand over an additional $2 million in punitive damages to Lastonia Levinston, the woman who sued him for publishing her sex tape , the New York Daily News reports.
As previously reported, it was revealed that 50 filed for bankruptcy shortly after he was ordered by the same jury to hand over $5 million to Levinston for violating her civil rights and causing emotional distress.
Jackson’s attorney, James Renard, obviously disagrees with the ruling, and argues that his client has already been punished enough for his actions.
“His true financial condition has been exposed as a result of this trial,” Renard said.
“By your verdict, you have in some effect, changed fame to shame, changed celebrity to notoriety, tarnished the brand. That in a way is a form of punishment that will affect Mr. Jackson, and we accept that. That’s had a tremendous effect,” he told the jury.
Levinston’s lawyer Phillip Freidin, who suggested that the jury order Jackson to pay $15 million in punitive damages, mocked him over the bankruptcy filing.
“I should be so broke, with $10.6 million in cash in the bank,” Freidin said.
It doesn’t appear that Mr. Jackson will be able to wiggle his way out of this one, but we shall see.
There are no monsters in this world, but I do believe that there are some folks out here who enjoy playing the part of the villain.
Like Suge Knight. Like Omarosa Manigault. Like Floyd Mayweather. And like the most villainous of them all: Curtis “50 Cent” Jackson.
Sure, I once enjoyed leaning back to “Wankster” while poppin’ bottles in the club. And yes, I understand that I just equated a man who has pledged to feed one billion people in the world (and thus far, has fed a few million) to Freddy Krueger. Jackson has proven that he is not just a reformed thug who can rap, but a humanitarian as well a serious actor who once starved himself for a role in which he played a cancer patient. And like most conscious folks, I too hate making statements like this about Black men who have been villainized enough by the mainstream media.
But let’s be serious here: Jackson is not really a nice person. And he has never been a nice person. In fact, he can be downright treacherous. And this is why I have a hard time believing anything that comes out of his mouth, including his recent claims that he is broke.
As many of us have come to understand about Jackson, beneath that warm smile is a man who is always in revenge mode. He is quite the petty individual. Ready to annihilate anyone who may get in his way or he views as a threat. He built an entire career on it. Not only did he come into the hip-hop teaching people “How to Rob an Industry Ni**a,” but his unprovoked and unwarranted attacks on Ja Rule’s sing-song rhyme style is what ultimately propelled him to the top.
And that is just the cheeky stuff. After all, Ja Rule and his timeless love ballads were easy targets. But there have been beefs he was involved in, which at times bordered on sociopathic. Like his entire dispute with Rick Ross. He tracked down Tia Leviston, the mother of one of Ross’ kids, and lured her to New York with a shopping trip at Gucci. He did all this in exchange for an interview in which she bad-mouthed Ross as a deadbeat dad. If that was not evil enough, he would then turn around and betray Leviston by buying her sex tape from a scornful ex and releasing it to the public, all in the hopes of further embarrassing the Miami rapper.
And all of this started over an alleged dirty look at the BET Awards. Ross, of course, isn’t the only one who has been the target of retaliation from Jackson. In 2008, he uploaded a privately recorded conversation between himself and G-Unit member Young Buck, in which the rapper cried about money woes and his dissatisfaction with the group. There is also his public beef with his son Marquise, which has resulted in them being estranged from each other for years now. He has also made a sport of antagonizing a number of rappers and others artists in the entertainment industry, including Nas, Jadakiss, Jay Z, Fat Joe and Sean Combs. In fact, the only person he never snapped back at was comedian Chelsea Handler, who he still professes his love for. And this is after she talked about him like a dog. But I digress.
In some ways, you can kind of understand how he became like this. As this archived Rolling Stone profile of the rapper notes, Jackson was mostly nurtured by the streets. The son of a single mother who was a crack dealer murdered when he turned eight, Jackson would start his own career selling drugs at 12 years old. It was said that Jackson was known to rob other dealers while using violence to maintain his stronghold on the block. His ruthlessness would result in him getting shot nine times. However, he would use those lessons he learned from drug dealing to guide him through the often cutthroat music industry and business world.
And then there is the attention. In hip-hop, which places value on authenticity and how closely tied a rapper’s personal life is to his lyrics, Jackson came off as the real deal and a truth teller. Among some in the Black community specifically, who value wealth building outside of the constraints of racism and White supremacy, he would be a symbol of self-empowerment. And to the mainstream, he became a manifestation of the American dream of pulling one’s self up by the bootstraps. This image he has crafted for himself would ultimately shield much of his anti-social behavior. But it can’t completely hide the fact that Jackson is just a monster – or at the least he plays one very well. And that can’t be ignored.
Jackson has cried broke to a bankruptcy judge and very few believe him. It could be true. Jackson’s promoted lifestyle could be just another way in which he harvests the much-needed attention, power and validation he might not have received as a kid. And he wouldn’t be the first rapper to live beyond their means (ahem, Hammer) and perpetrate about their lifestyle (ahem, Rick Ross).
But there is also a pretty good chance that he is pulling a fast one. As many have noted, his bankruptcy filing comes only days after another judge sided with Leviston in her $5 million suit against the rapper over the release of her sex tape. And as Jay Hathaway writes in a piece for Gawker entitled: “50 Cent: I’m Not Rich, I Just Borrowed Tons of Cool, Expensive Shit:”
The thing is, 50 is probably bullshitting about bullshitting. He has an $80 million endorsement deal with Reebok, plus $78 million from an underwear company, and $23 million from Interscope Records, all admitted to in court. And then there’s the reported $100 million he made from the sale of VitaminWater to Coca-Cola back in 2007? He told the court an NDA prevented him from revealing how much he actually made.
If all that money’s gone, the rapper who was smart (or well-advised) enough to take equity instead of cash on that VitaminWater deal mysteriously got significantly worse at managing his finances over the past half-decade.
The thing is, it’s his word against not only his past but his current public image. And based on what we know about Jackson and his past, his claims of being broke just don’t add up.
Hip hop mogul 50 Cent, who has been ranked by Forbes as one of the richest artists, testified in court this week about his lack of finances during a court’s case about a sex tape involving Rick Ross’s ex-girlfriend Lastonia Leviston’s invasion of privacy.
While appearing in a Manhattan state Supreme Court, 50 testified that his lavish lifestyle is an illusion. After the jury ordered 50 to pay $5 million in damages, he filed personal bankruptcy protection in Connecticut. USA Today reports the bankruptcy filing listed his assets and liabilities between $10 million and $50 million. Fifty’s lawyer James Renard said his client is worth $4.4 million. When questioned by Leviston’s Attorney Philip Freidin, 50 told him many of the luxury items he has, he rents, borrows or leases instead of purchasing. When asked about a recent photo he posted of a 65-karat ring on social media, 50 said, “It’s a borrowed piece of jewelry from the jeweler.”
Leviston is suing the “Baby By Me” rapper for releasing 13 minutes of her sex tape she created with her boyfriend, online. In the released sex tape, 50 is seen wearing a wig and taunting his rival and Leviston’s daughter’s father rapper Rick Ross. 50 claimed Leviston’s ex-boyfriend who she created the tape with, gave him the video and told him Leviston didn’t mind if it was released. During the trial, 50 apologized to Leviston by saying, “I’m sorry if you feel like I hurt you.”
As for his finances, 50 Cent revealed he has only been paid as much as $100,000 for appearing at a nightclub and the movie Spy. As for his other endorsements and jobs, he didn’t divulge how much he financially receives per gig but shared his accountant would know better than him.
Over the weekend, 50 Cent went on a Twitter rant about AT&T and U-Verse dropping Starz and other channels that air “urban content” like his hit show, Power. The Queens hip-hop mogul said in several tweets that AT& T was racist.
Interestingly enough and unexpectedly, 50’s frenemy Diddy has now partnered with the same reported telecommunication provider to air his entertainment channel, REVOLT TV. In a press statement, it was announced “AT&T* U-verse® and REVOLT have signed an agreement to make REVOLT, the multi-platform, multi-genre music network founded by Sean ‘Diddy’ Combs, available to U-verse TV customers. REVOLT will be available in the U300 package as early as July 27, 2015 and will include rights to On Demand video and content on the go, giving AT&T U-verse customers virtually unlimited access to Combs’ “#1 name in music.”
Of his new partnership, Diddy said, “This is a historical day for REVOLT. With a major player like AT&T, more people will be able to access the hottest music and original content on every screen and device. This agreement shows the world that REVOLT is a force in the media industry. “
AT&T’s Chief Marketing Officer Mel Coker said the deal is exactly what their customer wants. “AT&T is excited to bring REVOLT programming to our customers. REVOLT is a great fit as we strive to bring our customers the content they want, when and where they want it,” he noted.
AT&T and U-Verse customers can visit REVOLT’s website for their local channel listing and times.
Although Diddy did not flaunt his new victory on social media, as of yet, he took a minute out to tell his followers to “walk with God all the time,” in the video below.
I was on the treadmill this morning reflecting on how there have been times that I have taken God for granted! When I don't pray. When I don't take out the 15 minutes to meditate on my blessings. When I get so busy and caught up in this world. God forgive me! But the flipside is when I'm at one with GOD there's nothing! Nothing! I mean nothing! That can stop me! Or you! None of us are perfect. But try your best to walk with God today! #GODBLESS #WATCH
We’re only halfway through Power‘s sophomore season and executive producer of the series, Curtis “50 Cent” Jackson, is already firing off subliminal messages about season three. Thursday, the Queens-born rapper took to Instagram with a photo snapped from the “Power” writers’ room and apparently, one of the cast members will be serving hard time behind bars next season.
In the writing room POWER SEASON 3 jailhouse flick, little 50 know it’s about to get crazy.#EFFENVODKA #FRIGO #SMSAUDIO
Just 24 hours after the season premiere last month, Starz confirmed that they would be renewing the series for a third season.
“I am thrilled to learn that season three of ‘Power’ has been officially ordered by Starz. It is an honor to work with Chris Albrecht, Carmi Zlotnik, Ken Segna and the whole Starz team,” said “Power” creator Courtney Kemp Agboh. “Their support has been steadfast from the beginning, and I look forward to a bright future together.”
Besides the prison tidbit and the fact that it is slated to premiere in June of 2016, not much is known about the new season. But we still have quite a bit to look forward to, as we have four more episodes until the season finale next month.
In the meantime, enjoy this sneak preview from this week’s upcoming episode.
Also, if you’ve missed an episode from this season and are short on time, check out our “Power” recaps, which we’re sure will catch you up to speed before Saturday night.
Rapper 50 Cent stirred a few laughs on the Conan O’Brien’s show last night, poking a little fun at his Chapter 11 bankruptcy, filed on Monday.
Jackson has not shied away from talking about his bankruptcy and the reasons he decided to file, to protect himself from becoming a “target,” clearly a reference to the verdict in his sex tape case last week.
“You have a bullseye apparently on your back when you become successful,” the business mogul told Conan.
But is seems as though the rapper is having a bit of fun with his financials woes.
“You look like you’re doing okay, I gotta be frank with you,” said Conan laughing and pointing out the rapper’s nicely draped suit.
On Instagram, Fitty, who Forbes says is worth $155 million, posted a picture of himself in front of a small economy vehicle which Conan brought on the screen as the crowd erupted.
Jackson told Conan how he thinks he’s been singled out for big lawsuits. But is this really the way to go if he has already been ordered to pay Lastonia Leviston $5 million? Guess he’s taking precautions for the future.
The “P.I.M.P” rapper is seen causally playing with his phone and in gleeful banter while talking to Conan. The show has, for some reason, pulled the clip of that portion of the interview. But here’s a clip of him talking with Conan about his upcoming movie Southpaw and his campaign for the underline line Frigo. A man with that many gigs certainly doesn’t sound bankrupt.
When celebrities clown around too much, things can go left really fast. Rapper 50 Cent was recently ordered to fork over $5 million dollars because of a recent prank. But he’s not the only star who has had to deal with some major consequences for their behavior and treatment of others.
The rapper-turned-business mogul 50 Cent may have more change to his name than the recent bankruptcy filing would have the public to believe. For a long time now, 50 Cent has made a strong case for his business acumen, so eyebrows have been raised at the bankruptcy filing.
Reports indicate 50 Cent’s filing may have more to do with not wanting to pay what he owes rather than not having it to pay. The rapper’s bankruptcy filing, stating he was $50 million dollars in debt, came shortly after he lost a court case where a woman, Lastonia Leviston, stated he violated her privacy. Last Friday, Curtis Jackson was ordered to pay $5 million for leaking Leviston’s sex tape online.
Leviston’s lawyers believe this bankruptcy fling is a legal strategy designed to give the impression he doesn’t have the money to pay. Jackson filed for Chapter 11 bankruptcy the same day, Monday morning, he was set to appear in a Manhattan court.
On CBS This Morning the woman’s attorney, Hunter Shkolnik, stated that the “In Da Club” rapper “has treated her with complete and utter disregard and disdain and it has continued between him and his lawyers.”
Shkolnik may be right.
“I’m taking the precautions that any other good businessperson would take in this situation.You know when you’re successful and stuff, you become a target. I don’t wanna be a bullseye. I don’t want anybody to pick me as the guy that they just come to with astronomical claims and go through all that,” Jackson told E News!.
“I think there is a perception in the music world that this is more of a legal strategy than a real declaration that he’s out of money,” LA Times writer Mikael Wood told CBS This Morning.
The chapter 11 bankruptcy was filed in Connecticut where 50 Cent owns a multi-million dollar mansion. This past May Forbes listed 50 Cent as the fourth richest rapper with a net worth of $150 million. He has tried to file for bankruptcy before.
The business mogul made between $60 – $100 million in 2007 when Vitamin Water sold its company. He was an early investor. He also launched a liquor label and a men’s underwear line. However he did have to pay $17 million to a headphone company that stated he stole their design and just months ago the rapper’s boxing promotion company filed bankruptcy.
The bankruptcy filing states 50 Cent has $10 million to $50 million in assets and liabilities and owes a few creditors, but his current businesses will not suffer.
“Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy,” 50 Cent told E! News. “It means you’re reorganizing your finances, but it does stop things from moving forward that you don’t want moving forward.”
So, there could be some truth to the filing. But if 50 Cent is as smart a business man as he’s shown, the filing is about much more than just debt.
Has the time finally come for us to not buy into slut-shaming? Sure songs like “Loyal” have a catchy beat, but why do entertainers constantly feel the need to refer to a woman as a ho, slut, or b$#%h? Do their lyrics reflect a general lack of home training, respect for women, or all of the above?
Rapper 2 Chainz is making headlines for his social media comments that refer to a woman as a “THOT.” In case you aren’t familiar with the lingo, a “THOT” is an acronym for “that ho over there.” The rapper “thought” it was a good idea to poke fun at Christine Chisholm, a woman reportedly backstage to visit a member of his entourage, by making a video with the hashtag #IsThisYoTHOT. The 3:17 video has received millions of views.
Needless to say his antics didn’t sit very well with Chisholm. She’s now suing him for $5 million. If you lost your job due to alleged foolishness, would you think it’s fair to hit the person responsible in their pockets? Should women in general feel empowered to impact an entertainer’s wallet if they stand for something suspect?
Talk show host Wendy Williams might have to disagree.
“I’m on 2 Chainz’s side,” Williams declares on a recent Hot Topics segment. “That is not a reason to have a $5 million lawsuit.”
“If you are that word, then maybe you get offended. If you’re not, brush that off and keep it moving,” Williams said. “Our legal system is a mess already. They don’t need to be tied up in red tape with a woman suing for $5 million over being called a name.”
What about suing for $5 million because a rapper exploited a sex tape you’re in to get back at someone?
In the case of Lastonia Leviston (she has a child with Rick Ross), the court saw in her favor against 50 Cent. The rapper and Power executive producer leaked a sex tape with Lastonia and a previous boyfriend in efforts to get back at Rick Ross. Who knows why on earth someone would do something like this, but ol’ Curtis is gonna learn today. Maybe this is one of the reasons why he just filed for bankruptcy? When you do something this sleazy, you need to pay.
I’ll be the first one to admit there are certain things I wouldn’t do (even in private) because it might have a negative impact on my personal brand — not to mention go against certain beliefs. However, that doesn’t mean something as intimate as a sex tape gets published without the person’s consent (still can’t get over that).
The bottom line to the moral of this story — and business for that matter — is you should put your money where you convictions are. Sex sells in this society. Entertainers and decision makers will continue to push the envelope and exploit whoever they deem necessary in order to continue making money. At least things like lawsuits (even if you disagree) are a shift in a new direction. Those affected aren’t going to be quiet and will make their voices heard.