Showing posts with label good music. Show all posts
Showing posts with label good music. Show all posts

Monday, July 23, 2012

HTC Sells Back Half Of Beats Electronics To Owners For $150 Million

Telephone maker HTC has sold back half of their stake in Beats Electronics, the company co-owned by producer Dr. Dre and Jimmy Iovine.
According to the Chicago Tribune, HTC sold 25% of their shares back to Beats Electronics for $150 million.
HTC originally purchased a 50% stake in Beats Electronics for $309 million, in August 2011.
According to HTC, the sale “provides Beats with more flexibility for global expansion while maintaining HTC’s major stake and commercial exclusivity in mobile.”
Today (July 23), HTC’s shares fell almost 4% because of the news, with investors being concerned about HTC’s strategy for the future.


G.O.O.D. Music Delays Compilation Until September; Cyhi the Prynce Tweets About Complex Cover Snub

Today G.O.O.D. Music announced by press release that their compilation project would be releasing on September 4, instead of the previously set date of August 7.
While no details were disclosed about why the project was delayed, in lieu of the new date, Kanye West and team released the West-produced track, “New God Flow.”
The song features both Pusha T and Kanye rapping on track, and follows up ”Mercy,” the number one song in Urban radio for the fourth consecutive week, selling over 1.2 million copies thus far.
Both “Mercy,” and “New God Flow” are featured on the G.O.O.D. Music / Def Jam Recordings compilation, and “Mercy” marks Kanye’s ninth #1 single at the Urban format adding to the recent “Otis” and “Paris” from the Watch The Throne project.
In addition to the press release, the G.O.O.D. Music family also blessed the cover of Complex Magazine – less Cyhi da Prynce – who later retweeted a fan’s question about why he didn’t make the cover to the magazine.
“G.O.O.D. Music: New Religion (Cover Story) http://www.complex.com/music/2012/07/good-music-cover-story … @ComplexMag I wonder why @CyHiThePrynce is not on the cover? #CruelSummer,” Cyhi the Prynce re-Tweeted.
“I just got a phone call from Andre 3000 watch this for all you hating ass niggas!!!” Cyhi said. Moments later Cyhi commented via Twitter stating, “Remember this is not a sprint it’s a marathon.”
In the past few days, Cyhi the Prince has been seen retweeting fan’s support for his most recent project, Ivy League, particularly the soul sample-heavy song, “Changed”, where he describes his passion for making music and all the struggles that come along with the business of music.