No Limit Records Responds To Young Junns Rant

(The Wrap-Up Magazine) Pittsburgh’s local artist Junne has brought the worst of behavior to hip hop with his social media post that many have called a “clearly negative and desperate attack” for fame. Here’s the truth, Junne was found by No Limit Forever A&R Mr. Ross and was invited to come record music with the No Limit forever family and see if he would be a good f1t for them there at No Limit Forever. First of all P had nothing to do with this. Junne, like many independent artists showed up with many financial burdens.

Upon his arrival, while recording We provided him with money for meals, clothing, gas, countless flights to Seattle, Pittsburgh and money for many other endeavors of Junne’s with no contract. Junne was and is relatively unknown to the hip hop consumers. Burning up a No Limit Contract is like burning money, we only do 50/50 partnerships with artists while most labels only offer three sixty deals.

All P has ever asked of any artist was to invest their time. So if you call the studio a prison and prefer to party more than you put in work you can’t be serious about your career. Its funny how just last week he was posting all of this No Limit stuff up, but when mysteriously he posts up a video which was not authorized by No Limit Video director, he desperately turned it into his own video, and then he goes on a social media rant.

No Limit Forever A&R Director Mr. Bursh said “Junne was never signed to No Limit Forever Records and it’s truly disappointing that Junne has made it obviously clear that he is ungrateful for the opportunities that were offered him. The fact of the matter is Master P doesn’t benefit from working with unknown artists being he has already built a label that has sold over seventy five million records and he has dropped multiple mixtapes this year alone which makes him the hardest working artist on our label plus he’s the BOSS!

Universal Music Group Drops Distribution Company

Universal Music Group officially dropped the name Universal Music Group Distribution (UMGD), and updated its U.S. structure. In a digital market, where applications like Spotify, Tidal, and iTunes have limited the number of hard copies purchased by consumers; it looks like Universal Music Group will be placing more interest in marketing and e-commerce operations.

Jay Z Talks Tidal, Jimmy Iovine, And Rewriting The Music Rulebook

Jay Z doesn’t give many interviews. In conversation, he often pauses mid-sentence, considers, rewinds, slices and reshapes his answer, choosing a more appropriate word or analogy that draws a finer point before revealing it to the interviewer. What’s commonly assumed is a mistrust of the press may just be that unlike his work in the studio or onstage, Jay Z doesn’t ultimately control the final result of an interview, and therefore treads more carefully while giving one.

Randy Phillips Launches Global Entertainment

Congrads to former CEO of +Aeg Live +Randy Phillips on the launch of his new global entertainment business. Former AEG Live CEO Randy Phillips has been tapped as CEO of Global Entertainment, a newly-launched U.S. division for London-based Global, the Media and Entertainment Group. The multifaceted, “360″-styled content company will include touring, label, publishing, artist management, branding/sponsorships and marketing divisions, with new headquarters based in Los Angeles and a London office.

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Get Ready For Deezer

The Wrap-Up Magazine has been releasing the hottest digital services that are currently running and up and coming. In this post, we give a shout out to +Deezer, a company on the rise for digital releases. Deezer is the No. 1 site for listening to music on demand. Discover more than 35 million tracks, create your own playlists, and share your favorite tracks with friends and family.

Deezer is a web-based music streaming service. It allows users to listen to music content from record labels including Sony, EMI, Warner Music Group and Catapult. With Deezer, music is FREE on your mobile, tablet and computer. Millions of tracks are waiting. Your favorite artists too. Listen without limits.

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New Head Of Universal Music Publishing Group

Universal Music Group has named its new head of publishing. Jody Gerson will assume the reins of power at Universal Music Publishing Group beginning Jan. 1, when she joins that company as chairman/CEO. She replaces Zach Horowitz, who led the company for the past two years.

Island Def Jam Closes Its Doors

+Def Jam has closed its doors on one of its recording groups. Universal Music Group has announced today that it is dissolving the Island Def Jam Music Group.  In addition to that, East Coast Label Group president and CEO Barry Weiss has stepped down from his position. According to the press release, Motown Records, Island Records and Def Jam Recordings will all once again operate as standalone imprints. In 1999, Island and Def Jam were consolidated into IDJ while Motown folded into the group in 2011.

Other shakeups include: Motown relocating to Los Angeles, with former label SVP Ethiopia Habtemariam promoted to president. Former Def Jam president Steve Bartels will now serve as CEO, while Island will continue to be helmed by David Massey.

UMG also announced a number of exec hires and promotions, with IDJ A&R exec Karen Kwak appointed to the new position of executive vice president of A&R for U.S. recorded music, servicing all of UMG’s labels. Additionally, Def Jam named Dion “No I.D.” Wilson and Kyambo “Hip Hop” Joshua executive VPs and co-heads of A&R for the label.

Joie Manda Resigns As Def Jam President

Joie Manda has resigned as President of Def Jam Records to relocate back to Los Angeles. As part of his relocation, he will remain within the Universal Music Group family by joining Interscope Records as President of Urban Music. The announcement was made today by Barry Weiss, president & CEO of UMG’s East Coast Labels, and John Janick, president & COO of Interscope Geffen A&M.