Damon Dash Opens Up About Roc-A-Fella Shares Sale Drama

damon dash

Over the weekend, the hip-hop world buzzed with news of a potential shift in ownership at Roc-A-Fella Records as two prominent New York rappers reportedly vied for Damon Dash’s shares in the iconic label. This development comes after Dash was compelled to sell his interests in the company to satisfy legal judgments against him.

The drama unfolded publicly when Dash took to social media to air his grievances, shedding light on the behind-the-scenes turmoil surrounding the attempted sale of his Roc-A-Fella shares. In a candid discussion, Dash called out his former Roc-A-Fella partners Kareem ‘Biggs’ Burke and Jay Z, accusing them of thwarting his efforts to sell his stake in the company three years ago.

According to Dash, he encountered resistance from Biggs and Jay Z when he attempted to unload his stock in 2021. Dash alleges that his former partners misrepresented themselves as the CEOs of Roc-A-Fella Records and manipulated the company bylaws to prevent the sale from proceeding.

The revelation of these internal conflicts sheds new light on the intricate dynamics within Roc-A-Fella Records, a label that played a pivotal role in shaping the landscape of hip-hop. As the story continues to unfold, fans and industry insiders alike are left pondering the implications of this latest development on the future direction of one of hip-hop’s most storied institutions.

Watch below.

The post Damon Dash Opens Up About Roc-A-Fella Shares Sale Drama first appeared on The Source.

The post Damon Dash Opens Up About Roc-A-Fella Shares Sale Drama appeared first on The Source.

Jay-Z Protects Dame Dash From Having To Sell His Roc-A-Fella Shares

Despite all that Jay-Z and Dame Dash have allegedly went through in the fallout of Roc-A-Fella, it looks like there’s still enough there for them to defend each other. For those unaware, according to legal documents reportedly obtained by AllHipHop, the latter might have to give up his shares in the Roc to pay off a debt to film producer Josh Webber and Muddy Waters Pictures. They sued the music executive in 2022, and to collect their $832,000 judgement, they want to go after his stake in the record company. But Hov and the label’s third co-founder Kareem “Biggs” Burke stepped in to prevent these shares from selling out.

Before getting into that, it’s important to bring things back to 2016, when Dame Dash was fired as the director of Webber’s crime thriller flick, Dear Frank. He was allegedly unfit for the directorial role, being verbally abusive to staff and showing up to set high. The 52-year-old thought Webber tried “to take credit for a Black man’s work” and attempted to sell his original directorial vision of the film independently under another title, The List. Webber and Muddy Waters Pictures sued for copyright infringement and defamation, and received a 2022 judgement, but Dash still hasn’t complied with this order at press time.

Read More: Jay-Z “Double-Dipped” From Roc-Nation, Dame Dash Alleges

Dame Dash At “The Prince Of Detroit” Premiere

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DETROIT, MICHIGAN – JUNE 23: Entrepreneur/Director Damon Dash arrives at “The Prince Of Detroit” Detroit Premiere at Detroit Music Hall on June 23, 2023 in Detroit, Michigan. (Photo by Monica Morgan/Getty Images)

Now, Jay-Z and Kareem “Biggs” Burke objected to this judgement’s collection, and argued that Roc-A-Fella’s bylaws call for the full board to approve of any significant sell-offs like this. U.S. Magistrate Judge Robert W. Lehrburger criticized that this decision finalized at a 2021 board meeting in which Dame Dash was not present and didn’t vote for it. Regardless, the court ordered the Roc to make his stock certification available to the U.S. Marshal’s Service within 180 days.

“The question at the core of the instant dispute is whether the Roc-A-Fella By Laws’ prohibition on transfer and sale of Dash’s one-third ownership interest in shares of RAF without the consent of RAF’s board of directors legally prevents the sale of Dash’s interest in RAF to satisfy the Judgment,” Leherburger questioned. “The answer indisputably is no.” Hov and Burke still has equal opportunity to buy the shares, and Webber’s last attempt to collect the judgement was on Februrary 13. Meanwhile, for more news and the latest updates on Dame Dash and Jay-Z, stick around on HNHH.

Read More: Dame Dash Blames Kanye West’s Disorder For Controversial Comments

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Damon Dash Reveals His Thoughts on Jay-Z/R.Kelly Collaborations: ‘Knowing That He’d Raped My Girl”

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Damon Dash recently called out his former friend and business partner for collaborating with R. Kelly on the pair’s 2002 joint album The Best of Both Worlds and its 2004 sequel Unfinished Business.

During an appearance on the That’s Fucked Up podcast, the Roc-A-Fella co-founder spoke on Jay’s relationship with Kelly, who in 1994 married then 15-year-old Aaliyah when he was 27 years old.

According to Dame, who started dating Aaliyah a year or so before the R&B singer passed away in 2001, Hov’s decision to collaborate with R. Kelly always bothered him.

56-year-old Kelly was recently sentenced to an additional 20 years in prison on child pornography and enticement charges. 19 of those years can be served concurrently with the 30-year prison sentence Kelly received last year on charges of racketeering and sex trafficking.

“I just couldn’t believe he did a project with R. Kelly knowing that he’d raped my girl,” Dash shared. “I was like, ‘Just don’t put my name on that, I don’t want no money from that. If it is, put it to Aaliyah foundation.’”

“Like, they did this shit twice,” Dame added, referring to Jay and Kelly’s sequel project.

Watch Below:

The post Damon Dash Reveals His Thoughts on Jay-Z/R.Kelly Collaborations: ‘Knowing That He’d Raped My Girl” first appeared on The Source.

The post Damon Dash Reveals His Thoughts on Jay-Z/R.Kelly Collaborations: ‘Knowing That He’d Raped My Girl” appeared first on The Source.

Damon Dash Reveals Jay Z was Bitter He Won Aaliyah: ‘Everybody Knows That’

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For years, rumors swirled about the real reason behind the fall of the Roc-a-Fella dynasty. Many speculated that moguls Damon Dash and Jay-Z battled over the affection of late R&B singer Aaliyah. In a recent interview, the Roc-a-Fella Records co-founder admits his then partner Jay Z was bitter after he won the heart of Aaliyah. He shares that Jay was courting her sending her flowers while Dash said his game was on with him ultimately winning the legend.

Watch below.

The post Damon Dash Reveals Jay Z was Bitter He Won Aaliyah: ‘Everybody Knows That’ first appeared on The Source.

The post Damon Dash Reveals Jay Z was Bitter He Won Aaliyah: ‘Everybody Knows That’ appeared first on The Source.

E.W. Brooks Scores Victory Over Damon Dash and Poppington As ‘Mafietta Photo Case’ Is Dismissed

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United States Federal Judge, the Honorable Jed Rakoff has dismissed the revenge lawsuit filed by Damon Dash’s girlfriend, Raquel Horn and Dash’s company, Poppingtion LLC. Dash and Horn were pursuing copyright infringement against author E.W. Brooks in the Southern District of New York.  

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After the victory Brooks stated, ““The frivolous attempt of Dash’s company and Ms. Horn’s  to hold Ms. Brooks liable for copyright infringement has been summarily rejected” said Christopher Brown of Brown & Rosen LLC. “To sue Ms. Brooks for using her own Mafietta movie imagery as her Mafietta book cover, was rather foolish.”

Dash is also accused of trying to edge Brooks out of her own project by doing what he wants with “Mafietta” without her input. The film is available for viewing on DameDashStudios.com without any credit to Brooks, and she says he didn’t get her permission to put the film on the site. He’s also cut off all communication with her, including blocking her on social media.

“Despite the actions of Damon Dash, I am proud to announce that “Mafietta 2” will be filming in Atlanta, Ga  from June 28-July 6, 2022. Claudia Jordan (Cocktails with Queens/Fox Soul, star of the film “Dear Frank”) and Willie Taylor  of Day 26 (and the “Chocolate City” movie franchise) will star in “Mafietta 2” and play the lead roles.  I will continue to make my dreams come.”

The post E.W. Brooks Scores Victory Over Damon Dash and Poppington As ‘Mafietta Photo Case’ Is Dismissed appeared first on The Source.

Jay-Z And Damon Dash May Settle In Their ‘Reasonable Doubt’ NFT Lawsuit

Last summer, Roc-A-Fella Records filed a lawsuit against Damon Dash after the label’s cofounder announced plans to auction a portion of Jay-Z’s debut album, Reasonable Doubt as an NFT. The label argued that the album is owned by the company, and not by its individual partners.

The lawsuit is ongoing, however, Jay and Dash are reportedly in talks to reach a settlement deal.

Jay-Z’s attorney Alex Spiro said in a filing earlier this week Dash and Jay were “in the process of meeting and conferring to determine whether they can reach a settlement agreement that would resolve this case.”

If Jay and Dash are unable to settle the case, Spiro and Jay plan to file a motion seeking full victory in the case.

Dash currently owns one-third of Roc-A-Fella, however, Spiro and Jay argue that Dash’s stake in the label doesn’t give him the right to sell any portion of the esteemed album.

“The sale of this irreplaceable asset must be stopped before it is too late, and Dash must be held accountable for his theft,” read the lawsuit filed against Dash last June. “The bottom line is simple: Dash can’t sell what he doesn’t own.” A judge immediately blocked the album’s sale as an NFT.

Dash and Jay must reach a settlement deal by April 1, according to the letter.

A Judge Has Blocked The NFT Of Jay-Z’s ‘Reasonable Doubt’ Album

The controversial NFT based on Jay-Z’s debut album Reasonable Doubt has been blocked by a judge as the lawsuit against Roc-A-Fella Records co-founder Damon Dash continues. According to The Hollywood Reporter, U.S. District Court Judge John Cronan granted a temporary restraining order to Roc-A-Fella after the label sued Dash on June 18 over his alleged attempt to sell virtual ownership of the career-launching record.

Dash said that he wasn’t trying to sell the rights to the album, but his partner in the endeavor, SuperFarm, announced the NFT auction “of Damon‘s ownership of the copyright to Jay-Z’s first album Reasonable Doubt. This marks a new milestone in the history of NFT’s, entitling the new owner to future revenue generated by the unique asset.” The auction, which was set for June 23-25, was canceled after the label sent a warning letter to SuperFarm, but the label pursued additional legal action against Dash out of concern he’d attempt another sale on his own. Dash says he was trying to sell his Roc-A-Fella stake, not the rights to Reasonable Doubt.

U.S. District Court Judge John Cronan sided with the label during a hearing this morning, noting Roc-A-Fella owns the copyright to the album. The lawsuit will continue, but the sale will not — for the time being. Incidentally, it was a dispute over the publishing rights to Reasonable Doubt that ultimately caused Dash’s initial split with Jay-Z when Dash refused to sell Jay the album masters after the latter was offered a role as president of the parent label Island Def Jam. Jay offered to turn down the role in exchange for the masters, but ultimately took the role and kept the rest of his catalog after Dame’s refusal, causing a rift that led to the demise of Roc-A-Fella at the height of its success.

Reasonable Doubt is also at the center of another lawsuit; Jay-Z is suing the photographer who shot the cover for the album over control of his images.

Watch: Dame Dash Shares Footage Of His First Ever Nipsey Hussle Convo – “His Mentality Was Needed To Push The Culture”

Nipsey Hussle Dame Dash

Music executive Damon “Dame” Dash is joining the entertainment industry in mourning the loss of Nipsey Hussle. The Roc-A-Fella Records co-founder has come forward with footage of his first-ever face-to-face with the late 33-year-old West Coast legend. View this post on Instagram The one time we got to speak it was all about moving forward […]

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