Dame Dash

Dame Dash And Jay-Z Settle Their ‘Reasonable Doubt’ NFT Dispute

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There is once again peace between the members of the Roc-A-Fella Records dynasty, as Dame Dash and Jay-Z finally settle their dispute over Dash’s plans for an NFT supposedly based on Jay’s debut album, Reasonable Doubt. According to TMZ, both parties have elected to settle out of court, with Dame agreeing that only Roc-A-Fella has the rights to sell any future NFTs based on Reasonable Doubt, which means none of the individual shareholders — Dame, Jay, and Kareem “Biggs” Burke — can sell the album. Dame can, however, sell his stake in the company at any time.

The dispute kicked off a year ago this week when Dame offered a Reasonable Doubt NFT via online auction, prompting Jay (via Roc-A-Fella) to sue to stop the sale. Dame later clarified that his plan was to sell his third of Roc-A-Fella after Jay tried to buy it a few months before for a lower price than Dame wanted. In Dame’s words, “Under the terms of the deal with a potential buyer, the buyer would buy my share of Roc a Fella Records, and Jay-Z will have exclusive administration rights.”

After a judge blocked the sale, more details were revealed. SuperFarm, Dame’s partner in the NFT bid, had announced the auction would be for his “ownership of the copyright to Jay-Z’s first album Reasonable Doubt.” This is likely what led to the initial dispute because it could be read that SuperFarm was trying to sell Reasonable Doubt rather than Dame’s stake in Roc-A-Fella Records. Now that they’ve hashed out the exact terms of ownership of the album, Dame might be able to find a buyer for the actual stake.

Dame Dash Says Tommy Hilfiger Wanted To Buy Rocawear for $450 Million

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Dame Dash Launches his Streaming Service

Over the past few years, Dame Dash has gone on multiple podcasts where he has talked about his time during Roc-A-Fella. During a new interview with Revolt TV’s Assets Over Liabilities, Dash shared that at one point, clothing giant Tommy Hilfiger wanted to buy Rocawear for hundreds of millions of dollars.

Dame said that he had gotten jumped in Paris during Paris fashion week and at a fashion show, Tommy Hilfiger told him that he wanted to buy Rocawear. Dame insisted that he and Tommy talk later because he had a concussion from getting jumped. However, Tommy Hilfiger did end up making an offer for $450 million.

“We were about to sell to Tommy Hilfiger for like $450 million,” Dame said. “I had got jumped in Paris during fashion week, and I got the film I can show it to you and Tommy’s in my ear like ‘yo, I wanna buy the company…,’ I’m like ‘yo I got a concussion man it’s loud. Let’s talk later.’ But they did make the offer. So I woulda walked away with like $40 million, and when you put a company to get bought there’s due diligence that comes with it. So due diligence is lawyers that cost like a million dollars just to look through everything.”

He added that right as they were going to close the deal, Jay-Z announced he was going to launch another brand, in turn, devaluing Rocawear, and the deal was scrapped. “We go through all of that shit. Right before we close, your man makes an announcement that he’s launching another brand… so it devalued the brand and they left, because they were like ‘if Jay’s not a part of it we don’t want it.’”

You can watch the full episode below.

The post Dame Dash Says Tommy Hilfiger Wanted To Buy Rocawear for $450 Million appeared first on The Source.

Dame Dash Reveals The True Story Behind Cam’ron 2005 Near Death Shooting

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Dame Dash

Dame Dash appeared in an interview and recalled the untold story behind the near-fatal attack on Dipset’s Cam’ron in 2005 in Washington, DC.   While being interviewed on Showtime’s “All the Smoke podcast, Dame revealed that Cam’ron was shot in 2005 in our nation’s capital because of his role of “Rico” which was a character based […]

The post Dame Dash Reveals The True Story Behind Cam’ron 2005 Near Death Shooting appeared first on SOHH.com.

Dame Dash Wants To ‘Make Our Own Grammys’ After Kanye West Was Reportedly Banned From This Year’s Show

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Outspoken rap impresario Dame Dash has a solution for the Grammy Awards’ controversial ban on Kanye West performing at this year’s show: “We make our own Grammys,” he said when he encountered some TMZ photographers recently. Dash didn’t hold back, saying, “I’m not trying to fit into somebody else’s system. So we just create our own so we ain’t gotta worry about nobody else’s rules. … It’s not for them to judge who’s hot. It’s for us. They really shouldn’t be giving us the awards. We should be giving them the awards. They gotta respect our culture.”

For what it’s worth, it isn’t so much the culture of hip-hop that the Recording Academy seems worried about. West was only banned from performing at the ceremony after he spent the first two months of the year railing against his ex-wife, her new boyfriend, and anyone who dared suggest that maybe he was doing too much. At this point, it seems the Academy simply wants to avoid a possible meltdown onstage, although Kanye is apparently still welcome to attend and is nominated Album Of The Year for Donda. Meanwhile, another hip-hop figure, Houston’s J Prince, wants to organize a separate, hip-hop-focused show opposite the Grammys with artists who have felt slighted by the Recording Academy, such as The Weeknd.

As far as “creating our own” goes, well, BET has multiple awards shows including the BET Awards, the BET Hip-Hop Awards, The Soul Train Awards, and the NAACP Image Awards — all of which artists on Kanye’s level feel like they’re too big to attend or even acknowledge. Maybe “we” should be supporting our own, and that also includes holding our own accountable for behaving like jilted middle school boys in public.

ICYMI: Dame Dash Dismisses Rumors of ‘Reasonable Doubt’ Settlement Talks with JAY-Z

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‘Paid in Full 2’ on the Way: Dame Dash Cites Newark as Film Location

Rumors circulated online that JAY-Z and Dame Dash were aiming for a settlement in their NFT lawsuit over Reasonable Doubt. Dame is clearing it up and saying those reports are false.

In the middle of last year, Dame Dash was sued by Roc-a-Fella Records to stop the sale of a Reasonable Doubt NFT. In June 2021, a New York federal judge sided with Roc-A-Fella Records label owner Jay-Z after convincing them that his first album, Reasonable Doubt, should not be sold as an NFT by Dame Dash. NFTs, or non-fungible tokens, are valuable digital assets that cannot be replicated or traded. The complaint stated the date to auction off the album as an NFT had been set for June 23-25, but SuperFarm, Dash’s partnering company, called it off after the Roc-A-Fella label sent them a warning letter expressing their concerns about Dash’s pursuit of a sale. Even though Dash’s defense says he only attempted to sell his Roc-A-Fella stake, not the rights to Reasonable Doubt, the court still issued a temporary restraining order. 

“He sued me for something he said that I did that I didn’t, and then I just had to sue him because he was redirecting funds for Reasonable Doubt,” Dame said to Shannon Sharpe in an interview earlier this month. “I didn’t realize it. I would never sue somebody I used to hustle with—I’m not into suing anybody. I was disappointed. I think it’s embarrassing.”

On Wednesday, Complex reported the two were in the midst of settlement talks that would play out until April 1. Dash hit Instagram, sharing a post by REVOLT, and shutting down the rumored settlement:

please don’t believe this hype we are no where near a settlement.. they accused me of doing something i did not do and now they have to prove it…and i can sell my share anytime I want #askthejudge and #jayz and @biggsburke if you wanna settle this holla at me…we use to hustle together…court is corny…let’s talk like men for the culture… I dare y’all to respond #doitfortheculture

– Dame Dash

The post ICYMI: Dame Dash Dismisses Rumors of ‘Reasonable Doubt’ Settlement Talks with JAY-Z appeared first on The Source.