Diddy To Host Welcome Home Brunch For T.I.

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In a move that will likely keep federal authorities off his back, T.I. is keeping things simple for his welcome home festivities. Rather than throw the usual nightclub blowout bash fit for a king, Tip is doing brunch with a few hundred or so friends.

According to TMZ, music mogul Sean “Diddy” Combs is planning a lavish welcome home brunch for his recently-released pal. The affair will take place at a private location in Atlanta. The 150 expected guests will be treated to bottles of Ciroc, $20,000 worth of food, $8,000 worth of desserts, and custom-made clothes from Tip’s clothing line AKOO.

The extravagant brunch will go down on Sunday, October 2, two days after T.I. is set free from an Atlanta halfway house.

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Hip-Hop Talent Agent Rosemond Faces More Federal Charges

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Federal prosecutors in New York unveiled new and potentially damaging charges against hip hop talent agent James “Jimmy Henchman” Rosemond, indicting him for allegedly possessing a sub-machine gun and silencer.

Rosemond already faces drug trafficking charges that were announced in June, but the new allegations come in an expanded superseding indictment that includes the weapons violations.


“It adds several gun charges,” Assistant US Attorney Todd Kaminsky told a federal judge today, referring to the new indictment.

Brooklyn federal prosecutors are accusing the music impresario of illegally possessing a Mac-11 sub-machine gun and a Ruger 9mmm semi-automatic pistol.

If convicted of these new charges, it would be bad news for Rosemond – who officials say has at least one prior felony conviction.

Under federal law, possession of either a machine gun or a firearms silencer in connection with a drug crime carries a mandatory minimum sentence of 30 years in prison.

The guns were seized by Drug Enforcement Administration agents during searches at several of Rosemond’s properties, officials said.

To help fight these new charges, Rosemond appeared today in Brooklyn federal court with some high-powered additions to his legal defense team.

The hip hop guru has hired Gerald Shargel, a prominent New York defense attorney whose past clients have included Gambino crime family boss John Gotti, as well as business and entertainment figures.

During the hearing today before Judge John Gleeson in Brooklyn federal court, Rosemond pleaded not guilty to the new gun charges.

After the hearing, Shargel said he plans an aggressive trial strategy.

“I intend to represent and defend Mr. Rosemond vigorously,” Shargel said.

Rosemond is being held in a New York federal detention center, where he’s awaiting trial.

He was arrested earlier this summer and charged with using his music business as cover for his transcontinental narcotics empire.

Federal prosecutors originally indicted Rosemond on money laundering and obstruction of charges – as well as an additional charge that he ran a criminal enterprise while smuggling kilos of cocaine in music industry equipment packing cases from Los Angeles to New York.

The 46-year-old owner of Czar Entertainment, who manages singers Brandy and Akon, has pleaded not guilty to the drug trafficking allegations.

BOSS HOGG OUTLAWZ – Serve & Collect Vol. III

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With the release of many rap albums lately, it is easy to forget what the game is missing. The Southern sound is the most distinctive around and adding to that sound is the new release from the eight member crew Boss Hogg Outlawz. They are back to add Serve and Collect Vol. III to their series repertoire. The group, led by Houston’s own Slim Thug, brings their Texas flavor to tell you how they do in the H-town. The album is filled with the South’s signature style of laid back beats and rhymes that spit the reality of everyday life as they know it in the hood.

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GLASSES MALONE – Beach Cruiser

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To say that this album was a long time coming would be an understatement. Glasses Malone’s debut album, Beach Cruiser, was originally scheduled to come out in 2006; however numerous setbacks and label changes kept the album from seeing the day of light; until now. Finding a home at Suburban Noize Records, Malone has finally released the album to masses, who are anxious to see how it would turn out. So, was it worth the wait? Well, that’s going to depend what you’re looking for.

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Will Diddy And Jay-Z Be First Hip-Hop Billionaires? Not So, Says Birdman

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In the high stakes battle for Hip Hop superiority, it appears that the two top money earners in the rap game – ShawnJay-ZCarter and SeanDiddyCombs respectively – are in a quiet duel to become the first billionaires by way of their shared industry.

With various streams of revenue flowing for both savvy businessmen, some unrelated to music, the potential is vast for both men according to a recent analysis from Forbes magazine. However, another Hip Hop mogul believes he and his team will eclipse Jay-Z and Diddy in the money race all in due time.

CEO of Cash Money Records BrianBirdmanWilliams threw his and protégé Lil Wayne’s Young Money imprint names into the billionaire sweepstakes pot, defiantly stating that the YMCMB machine is well on its way to the top. “I think Young Money Cash Money would be the first billion-dollar brand in hip-hop,” said Birdman plainly in an email to Forbes referencing his label ventures. “We strong and growing every day as a brand and fast. Within the next few years we will be billionaires.”


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According to Forbes numbers, Diddy is at the halfway mark with an estimated net worth of $500 million, much of that tied up in Diddy’s business ventures such as his Sean John and Enyce clothing lines along with his stake in Ciroc vodka. Jay-Z is right behind his rich pal with assets that include a lucrative $10 million dollar Live Nation deal, the 40/40 club chain, cosmetic company Carol’s Daughter and his partial ownership of the New Jersey (soon to be Brooklyn) Nets amongst other deals. Continuing the dollar tally, only Dr. Dre and 50 Cent are within range for the coveted billionaire status.

Jay-Z Protege J.Cole Preps For Music Spotlight

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J. Cole’s time on hip-hop’s sideline is almost over.

More than two years after being hand-picked by rap impresario Jay-Z as the first artist on the music mogul’s fledging Roc Nation imprint, the 26 year-old Cole hopes to repay his mentor’s faith in him when his long-awaited debut “Cole World: The Sideline Story” is released on September 27.

Thanks to the high-profile endorsement and several critically lauded free albums released online, Cole has established himself as a leading voice in a new generation of hip-hop talent that includes artists like Drake, Big Sean and Wale. The North Carolina-native told Reuters the album balances different styles and lyrical content that reflect his meticulous approach towards crafting music.

“Like some rappers have, on my debut I could have gone super commercial,” said Cole of the album, which features appearances by Drake, Missy Elliott, Trey Songz (who appears on the single “Can’t Get Enough”) and, of course, Jay-Z.

“I could have just filled the album with eight or nine potential singles and hope that some of them work. Or, I could have gone the other route and been super stubborn, using only the personal material and not even worry about selling any records. What I ended up doing was the perfect balance of both. I have a number of all of those styles; the personal, deep records that are almost tear-jerkers and the fun, carefree records and super lyrical songs.”

MENTORED BY JAY-Z

Cole began pursuing a career in hip-hop while attending college at St. John’s University in New York City. Eager to prove himself in 2007, he waited for Jay-Z outside a Manhattan studio for hours in hopes of passing a demo CD to the legendary Brooklyn emcee, who initially brushed him off.

But two years later, upon hearing the song “Lights Please” from Cole’s first mix tape “The Come Up,” Jay-Z made the young artist the centerpiece of his new Roc Nation venture, and Cole credits his boss for contributing to his growth as an artist.

“He gave me a long leash to try and figure this thing out, make mistakes along the way, do the right thing,” said Cole. “He was always there overseeing and looking over my project and giving me advice on what direction I could take.”

Cole said that for a six-month period, he would bring his mentor potential singles, play songs for him and try to prove his worth.

He said he learned not to wait before he had a full song to pitch, but to take Jay-Z ideas that could be fleshed out by working with the head man.


“You get advice just through conversation,” Cole said about their relationship. “It’s not always about music. It’s about personal stories that happened when he was coming up, like when he realized he was on another level, when his fan base changed and how he handled it.”

Jay-Z’s advice for dealing with fame should be particularly useful to Cole, who’s own celebrity status is on the rise.

Earlier this month, he had his first brush with the tabloids when rumours began to swirl that he recorded a sex tape with fellow Roc Nation artist Rihanna while serving as an opening act on the singer’s Loud tour. Cole quickly denied there was any tape.

Even with the new found attention and pressure of high expectations, Cole is confident his debut will satisfy both his fans and his critics.

“I just want to win for everybody,” he said. “I want to win for myself, I want to win for my fans, I want to win for Jay-Z and the label and my management. Even more than myself, I want everybody else — the fans and the people I’m in business with — to be rewarded. I want them to know that they were right and they were dealing with something special.”

© 2013 GUTTA WORLD MAGAZINE by GW Industries