Word: hip
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...course, gangsta rap isn't a record-company invention. Indeed, hip-hop's two most celebrated icons, Shakur and Notorious B.I.G., embraced the sort of lyrical content that today has opened hip-hop to criticism. And the music companies, under assault from file-sharing and other alternative distribution channels, are hardly in a position to do R&D. "When I first signed to Tommy Boy, [the A&R person] would take us to different shows and to art museums," says Q-Tip. "There was real mentorship. Today that's largely absent, and we see the results in the music...
...labels have outsourced the business of kingmaking to other artists. Established stars Dr. Dre and Eminem brought 50 Cent to Interscope. Jay-Z founded his own label, cut a distribution deal and began developing his own roster. But most established artists do little development. That leaves the possibility that hip-hop is following the same path that soul and R&B traveled when they descended into disco, which died quickly...
...longer able to peddle sensation, rap's moguls are switching tactics. Simmons, while still something of a hip-hop ambassador, is hawking a new self-help book. Master P, whose estimated worth was once $661 million, watched his label, No Limit, sink into bankruptcy. He recently announced the formation of Take a Stand Records, a label catering to "clean" hip-hop music. "Personally, I have profited millions of dollars through explicit rap lyrics," Master P stated on his website. "I can honestly say that I was once part of the problem, and now it's time to be part...
...work with artists in one area where rappers have been innovative: endorsement and branding. Whether it's 50 Cent owning a stake in Vitamin Water or Jay-Z doing a commercial for HP, most of these deals have been brokered by the artists' own camp. But Lighty sees in hip-hop a chance for record labels to generate more sponsorship and endorsements. "Record companies are going to have to make even better records and participate in brand extension. It's the only way they can survive," says Lighty. "We need to change the format, and this is the only...
...dancing suggestively with a fan who was later revealed to be only 14. The video attracted the ire of conservatives like Bill O'Reilly. In the wake of the controversy, Akon's tour sponsor, Verizon, removed all ringtones featuring his work and retracted its sponsorship. The message was clear: Hip-hop needs a new and improved product...