Sunday, June 2, 2013
NEWS REPORT: JERMAINE DUPRI LOSING "SO SO DEF" NAME ?!?!?
JERMAINE DUPRI LOSING THE "SO SO DEF" LABEL NAME THAT HAS MADE HIM MONEY HAND OVER FIST ...!?!?!? WE THINK NOT ..LOLOL
JERMAINE STARTED THE CAREERS OF KRIS KROSS, XSCAPE, JAGGED EDGE, DA BRAT, SO ON AND SO FORTH ..AND CREATED MAJOR RECORDS THAT ARE STILL BIG SONGS TODAY ..HMMMMMM THE LIST COULD GO ON FOR DAYS .... JAY-Z "MONEY AINT A THANG"...... USHER "YOU MAKE ME WANNA", MC LYTE "KEEP ON KEEPIN ON"... ETC ETC..
JERMAINE DUPRI HAS PRODUCED HITS, WRITTEN BOOKS, SCORED FILMS, AND BIRTHED THE BIGGEST NAMES IN MUSIC THAT WE KNOW ... LIKE KRIS KROSS... HAD IT NOT BEEN FOR JERMAINE'S CREATIVE MIND THE WORLD WOULD NOT HAVE A SIMPLE DANCE THAT BECAME ONE OF THE BIGGEST HITS IN THE WORLD IN "JUMP". IF YOU DIDNT OR COULDNT JUMP THEN YOU WERE LAME !! LOLOLO
BUT ACCORDING TO TMZ....
UPDATE: 3:35 PM PT -- Dupri tells TMZ ... the lawsuit filed by SunTrust is completely BOGUS -- telling us, "SunTrust bank is full of s**t." (TMZ)
Jermaine Dupri is in jeopardy of losing his rights to the music from his So So Def label ... because he can't seem to pay off an enormous loan. Dupri borrowed $4.8 mil from SunTrust Bank back in 2010 .... he paid more than half of it back, but then the bank stopped getting payments. So SunTrust is now suing Dupri for nearly $2 mil -- the balance due, plus interest. Here's the BIG problem ... In order to get the loan, Dupri had put up collateral, in the form of copyrights and royalties to the many songs his label owns from artists like Xscape, Bow Wow and Da Brat. As far as we can see, Dupri still hasn't anted up the cash. And it's not his only trouble with $$$. He paid off a $3 MILLION tax lien in February and dodged the foreclosure of his Atlanta mansion TWICE in the past year. (TMZ)
WHATEVER THE CASE, JERMAINE DUPRI LOSE THE NAME "SO SO DEF" IS LIKE SEAN "DIDDY" COMBS LOSING THE NAME "BAD BOY" IMPRINT....N-O-T GONNA HAPPEN ,......LOLOLOL.
SO CHECK OUT SOME OF THE MANY HITS JERMAINE DUPRI HAS CREATED OR HELPED CREATE ... TELL US WHAT YOU THINK...
JERMAINE DUPRI f/ JAY-Z
"MONEY AINT A THANG" (so so def 20th anniversary live)
JERMAINE DUPRI f/ LUDACRIS "WELCOME TO ATLANTA"
JERMAINE DUPRI /f NATE DOGG
"BALLIN OUTTA CONTROL"
DEM FRANCHISE BOYZ f/ JERMINE DUPRI, DA BRAT & BOW WOW
"I THINK THEY LIKE ME"
Posted by the raydio twins at 10:28 AM