Tue 10 May 2011
News: Pharrell is KarmaloopTV’s Creative Director, 50 Cent Forms New Company, Dre Working w/ Jay Rock?
Posted by Mikey Fresh under Quotes[3] Comments
Skateboard P just inked a job working behind the scenes as creative director for fashion-based multi-media company KarmaloopTV. The company originally started as an online retailer for streetwear brands like 10 DEEP and Crooks & Castles and after cornering that market, they moved on to expanding their digital game. Now, KMTV regulary releases video content based on the latest in street fashion, hip-hop and sneaker culture. But, let’s see where Pharrell takes this thing.
“Pharrell is, without a doubt, one of the most influential cultural creatives and business minds in America today,” Karmaloop CEO Greg Selkoe said. “We’re delighted and honored that he has joined our effort to create a multi-platform brand that will once again excite cutting-edge youth culture about TV, just as MTV did in the 1980s.”
after the jump, 50 Cent explains his cancelled deal with Sleek Audio and a photo of Dr. Dre, Terrace, Martin, Jay Rock, and DJ Quik hits the Net…
Exclusive: 50 Talks New Line Of Headphones; New Deal
“As reported, the license arrangement between my company, G-Unit, and Sleek Audio to produce headphones branded as ‘Sleek by 50’ has been cancelled,” 50 Cent clarified to AllHipHop.com. “Instead, I have established a new company that is developing a complete line of audio accessories, including wireless headphones, offering superior sound quality along with cutting edge technology for all music lovers to enjoy.”
As a businessman, 50 said that he seeks ownership in any company that utilizes his name and brand recognition.
50, who still owns a hefty 7.5 million shares of TVGoods, is also still committed to his original vision of creating a world-class audio product for his fans.
“As an artist, I am committed to bringing top-of-the-line audio products to my fans, and I am excited that I have the resources to achieve just that with this new venture,” 50 Cent told AllHipHop.com.
This photo of Terrace Martin, Dr. Dre, Jay Rock and DJ Quik surfaced recently surfaced online. Word is this West Coast crew was putting the finishing touches on Jay Rock’s album.
May 10th, 2011 at 12:52 pm
so 5O’s brilliant mind for business finally figured out 4OO dollar headphones arent going to sell in a recession?
May 10th, 2011 at 5:49 pm
I don’t believe it was the price that factored into it.. People will by anything that they feel is worth it.. (Beats by Dre are $350 and came out in a recession)
I think it had more to do with the energy he saw himself putting into it before the company pushed the button and said shit I need a bigger split.. He brought Tvgoods to the table as a way to sale his product through infomercials as well as his freestyles for a time were Sleek by 50 was plastered all over the art work..
Plus I think he still kicks himself for not investing more or equal to what his manager Chris Lighty did in the water Coca Cola deal.. 8 to 10% while great isn’t 15% in a 4.6 billion dollar profit..
May 11th, 2011 at 10:15 am
Every time 50 takes a L people make excuses like it’s part of some elaborate plan. No. More than likely Sleek just didn’t see him being able to move product. Plain and simple. Stop looking so deeply into things just because it’s 50 Cent. He’s taken Ls in the past. He’s not exempt.