DJ Akademiks: I Spent $70K On 1 Artist I Signed And Lost All That Money, 90% Of Artists Fail

In this clip, Mase’s contract situation with Fivio Foreign prompts a discussion between DJ Akademiks and DJ Vlad about recording contracts and how certain musicians are better off remaining independent. DJ Akademiks states that artists should “own your sh*t and invest in yourself,” while DJ Vlad agrees by adding that artists signed to record labels have a 90% failure rate. As the conversation moves along, DJ Akademiks shares some advice that he once received from a record executive about signing artists before talking about budging for artists and recouping money from investments related to recording artists.

Illmind On Kanye Giving Him His Big Break, Signing With G-Unit During 50 Cent’s Prime, Reveals Price For Beats

Illmind came through for his first-ever VladTV interview, where he spoke about growing up in New Jersey, but having a strong connection to New York. He then spoke about J Dilla inspiring him to become a producer, and Illmind revealed that he copied J Dilla’s beats to learn how to make them and start producing. Moving along, Illmind opened up about 50 Cent’s “Make a Movie Out of Em” being the break-out song that he worked on, and he added that “The Morning” on GOOD Music’s “Cruel Summer” was another turning point in his career. After speaking about working with Little Brother, Illmind detailed getting a production management deal with G-Unit as 50 Cent was on top of his career. To hear more, including Illmind speaking about working with 50 Cent in the studio, hit the above clip.

In this clip, Illmind reflects back on signing a publishing deal that he should not have signed back in 2010. The iconic record producer states that the he signed the contract out of desperation because he needed the money. He also shares that anyone who intends on signing a publishing deal should get a lawyer first. From there, the New Jersey native reveals that he used to sell hip-hop beats for $25-50 before sharing that he now charges $50,000 per beat. This prompts Shirley Ju to ask the record producer how the track that he created for “The Morning” landed on the radar of Kanye West. To that, Illmind details the events leading up to the epic collaboration for the “Cruel Summer” compilation album and the doors that opened for him in the music industry afterwards. The 41-year-old then shares his feelings on Kanye West, the artist/producer before explaining why he looks up to him so much as a creator. Moving along, Illmind talks about being on one the first music producers to release his own brand of sound packs (back in 2012) for musicians to use with their production software. Lastly, Illmind gives the origin story for how he earned his stage name.

Shawn Cotton (Say Cheese TV): I Lost Money On 70% Of The New Artists I Sign

In the final clip, Shawn Cotton continued speaking on his investments in unknown artists and admitted that most turn out to be a waste of money for him. He confirmed having a 70 percent loss rate when signing new artists before offering his thoughts on Post Malone’s rise. Check out the rest of the clip to hear DJ Vlad and Shawn Cotton discuss how they’ve been able to remain consistent amongst their peers.

Full House Actress Lori Loughlin Gets 2 Months Jail Time And Husband Mossimo Giannulli Gets 5 In 2019 College Admissions Bribery Scandal To Get Their 2 Daughters Into USC

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The couple paid $500,000 to college admissions mastermind Rick Singer to get their daughters into USC as crew recruits—with falsified athletic records—as part of a larger bribery scheme, according to court documents.

At least 53 and $25 million. That’s how many people have been charged as part of the scandal.  And at least 33 parents have been accused of paying $25 million to Singer from 2011 to 2018 as part of the scheme.

Loughlin has “a fairytale life,” the judge said. As he handed down the sentence, he addressed her, saying, “you stand before me a convicted felon, and for what? The inexplicable desire to have even more.” He told Giannulli during his earlier sentencing: “You are an informed, smart, successful businessman. You certainly did know better, and you helped sponsor a breathtaking fraud on our admissions system.

The college admissions scandal investigation, codenamed “Operation Varsity Blues” by the Department of Justice, was made public in March 2019. The group of parents accused in the case were believed to have used phony athletic, academic and test score records, along with bribery, to get their children into Yale, Stanford and USC, among other schools. All but one parent have been sentenced to prison time. Loughlin’s daughter (and influencer) Olivia Jade Giannulli has not returned to USC since August 2019. She was falsely presented to USC as an accomplished coxswain in crew, and fake photos were taken of her on a rowing machine.

Source: Forbes

Canon’s EOS R5 Is the Brand’s Most Powerful Full-Frame Mirrorless

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Dubbed the EOS R5, the upcoming camera uses a newly-designed image sensor and processor to enable no-crop capture of both 8K and 4K video recordings. The former can be shot in a RAW format while the latter can reach up to 120 frames-per-second, and amazing feat for a camera of this size. All its 8K and 4K modes will support Dual Pixel CMOS AF, and a new advanced animal AF mode has been integrated, which is capable of tracking animal eyes, but also their faces and bodies if the eyes aren’t visible. It boasts five-axis in-body image stabilization which works in tandem with optical image stabilization offered by both RF and EF lenses. Of course, it also carries dual card slots to allow for both a CF card and SD card. Most impressively, Canon has announced a price tag of “under $4,000” USD, an exceptional price for a video recording workhorse with specs which can reportedly outperform the $39,000-USD full-frame Sony Venice.

Source: HypeBeast

Amoeba Music Announces Permanent Closure of Famed Sunset Boulevard Location, Set to Reopen at New Hollywood Boulevard this Fall

On Monday (April 27), Amoeba announced that the famed Los Angeles retail outlet would not be reopening at its original location, where it has sat since 2001. All efforts will now be focused on opening the store at its new space on Hollywood Boulevard, where it is slated to open in the fall.

“This is heartbreaking for us,” reads a statement posted to the Amoeba website. “We never envisioned not being able to give the store the send-off it deserves, to give you all a chance to say goodbye. We had so many events planned to celebrate our history at 6400 Sunset! But we are facing too many mitigating circumstances that simply won’t allow for it.”

The statement notes that because music stores aren’t considered “essential” businesses by the state of California, it most likely wouldn’t be able to open even if “safer at home” restrictions are eased this summer. Even if it were given the go-ahead, the statement continues, reopening would place staff and customers of the store, which sees over a million visitors a year, at risk of contracting the virus.

Source: Billboard