Jay-Z Making Power Moves For Rihanna & Kanye
Posted by Media Outrage on April 8, 2009
Jay-Z is one of the best business men that hip-hop has ever seen, besides the likes of Diddy, Russell Simmons and Master P. Jigga is now making power moves on behalf of Kanye West and Rihanna. Peep game when you
Via AHH:
Hip-Hop mogul Jay-Z has teamed with Parlux Fragrances to introduce two new perfume labels, one for rap star Kanye West and the other for R&B songbird Rihanna.
Additionally, Jay-Z, who is a principal of Iconix Fragrances LLC, will have the option to purchase up to 4 million shares of Parlux’s at $5 a piece.
According to The Wall Street Journal, Jay-Z and an unnamed female singer are also close to finalizing a deal with Parlux.
Parlux makes perfumes and accessories for Paris Hilton, Jessica Simpson, GUESS?, Nicole Miller, Natori, Queen Latifah, XOXO, Ocean Pacific (OP), Andy Roddick and others.
In March of 2007, Iconix Brand Group purchased Rocawear from Jay-Z and Damon Dash for $204 million in cash, plus an additional $35 million dollars of Iconix stock to buy Rocawear.
Jay-Z remains in charge of product development, marketing and licensing for Rocawear.
Kanye West and Rihanna’s fragrances are due in stores in 2010.
Mediaoutrage- That’s hot. We can already predict that both fragrances will be top sellers. Rihanna’s perfume will DEFINITELY fly out of department stores. She’s an even hotter commodity since the beatdown than she was before. And she was real hot before. Congrats Hov on continuing to do the damn thing for your peeps. We’re guessing that the mystery R&B woman involved in the deal with him is none other than Beyonce.
Dickwell Thrust said
Thats what up congrats…..thats what this economy needs a essence of domestic beat down and sugar fruitiness!!!
Media Outrage said
Lol
sweetthang said
LOL @ DT!!! hilarious!
Terrance said
I know Jay is an intelligent businessman, however I wonder if he regets taking $35 million in stock considering the state of the economy. $35 million in stock today could be worth considerably less tomorrow. I hope Jay, Kanye,and Riri succeed in their endeavor, but there are no guarantees concerning stocks. Even though Riri is hot doesn’t mean people are going to like her fragrance. If it smells like cat piss the only place it’s going to fly is from Macy’s counters back to the warehouse.
Media Outrage said
Lol cat piss
CrystalShine said
Im surprised he didn’t put bey on first! Maybe cause she stinks! They never hold hands and Jay always walking in front of her. Go figures!
MissTX85 said
Kanye’s fragrance will turn dudes into ‘Sugar Booty’s” and Rihanna’s will cause a woman to get a beatdown.
Therfore, I won’t be buying shit.
Congrats to Jay for making moves though.
Yeah I Said It said
Some of those fragrance smell like foul feet and pig shyt. Start with Diddys Unforgiveable Woman. Just because you are an entertainer does not mean you can branch out and sell cologne
Ms. E said
I agree..everything doesn’t smell good on you.
Kanyade said
Hmm. Congrats, I guess? Wow. Lookee, they will be making even MORE MONEY than I’ll ever see in my life…unless I rob Fort Knox.
Am I hating here? Hmm. Yup. LOL
Smurfette said
Well good for him! Congrats! I guess im stuck in my ways cuz I only wear Lolita Lempicka or Be Delicious by DKNY so I will not be copin this.
2020VIZN said
Fuck Jay-Z and Kanye, any respect I had for these dickheads is long gone. The last two weeks have shown me that these two ass holes are greedier than I realized. First off Jay-Z is Pimping his country bumpkin ass wife so hard that she is trying to sell concert tickets at two yards a piece, then the sensative sensation Kangaye “to the west, to the west” wants between eight and eleven yards for them ugly ass shoes he put his name on.
Im pissed because this clown is putting his name on something that expensive which means that there are kids in the city that will mess up or even lose their lives for something that this ididot has endorsed. Kids been dying for years in the city for anything upwards of Jordans.
Go head niggas get that money, yall some heros and some real positive and influential guys way to look out for the people that made yall. I dont give a shit how much money you got. I would rather live a regular life and have a clue as to what I am doing than to be rich, lost and baught & paid for by material shit and the man.
Thanx Jigga, fuck you and your friends very mnuch!!!!
Smurfette said
I think im in love wit 2020
2020VIZN said
Fo real Smurfette?? Come on lets go talk about this….in the back, back there! Lol
Media Outrage said
Lol yall Krazy.
Yeah I Said It said
LMAO @ 2020… Smurf you my girl but youse a dirty b*&%$ and i might have to ride down on you build a story around killing you over my internet man.
Yeah I Said It said
2020 go in the back room if you want to (tappin my foot)
Marathon_Man said
LOL @ Yea I Said It….Tsk…Tsk…No Inernet Bangin’ Y’all lmao. Just joking MO. Not trying to bait y’all. BUt SMurfette you can just ride with me if YISI is going to trip.
2020VIZN said
Oh, shit baby I didnt she you over there, You know I Lo….. You know I feel about you!!! Lol
Yeah I Said It said
I see you will tip when I am not around 2020. So it’s on now. I done told you bout how deep my Lo…. runs for yo ass. Now you forcing me to deal with you and Smurf in a most despical manner.
2020 you will go first. Smurf you last cause I want it to be painful….. Both of you rats better run for cover.
2020VIZN said
YISI, Lets talk about this baby, I aint creeping, cheating, tipping, tripping, slipping or dipping. I promise, you can even smell it…check it out. Dont start talm bout killing me and beefing and shit, Cause I cant trust no body when yall stat that shit. Just smell it and if its anything on it other than you then we can deal with it, go on Smell it, I promise I wont hit you with it like I did last time, I was just playing. Lol
Hold up, Im bout to do lil researchin, I could have sworn I seen you creeping a few times but I didnt say nothing I just chilled, I didnt want to mess my $44 windbreaker. Oooh, let me find all the messages when you was creeping. Ok, ok, ok,……..and give me my shit back dont smell nothing. Lol
Yeah I Said It said
LMAO @ 2020..To late you shot!!! I aint smellin shyt, I go on words alone. All i can say is watch your back 2! I got you boo!!! Bang Bang
Terrance said
2020 enlighten me brotha, how is Jay pimpin his wife when she has been getting money for years? Yeah, she’s selling concert tickets for $200 but I don’t believe that’s the price for nose bleeds. Correct me if I’m wrong but the closer you are to the stage the more money you’re going to spend. I paid $485 a piece for two court side seats at a Sixer’s game. At Madison Square Garden court side seats will run you 2g’s. I’m willing to guarantee you that decent seats at a Madonna concert will run you a morgage payment.
West_Indian said
Why is it that everyone who becomes famous need 2 have a perfume ? I guess its the in thing 2 do
JACK said
if u purchase 4 million shares at 5 dollars, then you take rihanna and kenya west to market and promote the product, the product sells, the market goes up which means mo money mo money for Jay-Z…Your one smart dude but I can do that too(and I’m a brotha)if I had that power you had…as a matter of fact I might just drop 10K on that when it’s ready to go…!!!
ucanb2 said
He might not be the greatest looking man… but his business sense is totally “on point”!
2020VIZN said
Well Terrance it was a figurative reference when I said Jay was pipmin his wife, but the reason for my reference is the fact that they made close to a quarter of a quarter billion last year before the recession fully kicked in, I just see that as a little steep when people who are fans are hurting.
And Proffessional sports are cool, but it is another thing that has gotten way out of hand, I just dont see giving me giving my money to industry that pay these guys 10s of million of dollars to play a game that so many people including myself and others do for the love of doing it. Now I know these guys are human but some have gotten so out of hand that they dont even appreciate the position that they are in. They have an opporatunity to set themselves up for life, but what do they do take you 485 dollars and split you shit up between, the Caddilac man, Rolex man, Hilfiger dude, Liquor store man, the weed and coke man. But at the end of day they only being pimped by Mr Cuban and his associates, I know they can run fast and jump high, but I already payed a lot of money for my Picture tube so I will just watch them on it.
I mean I realy dont care how much people like Madonna charge for their concert because her target audiance has that kind of cash. Im making the point that if you care about people ever feeling like you gave a shit about them then, no better time than now, people are hurting and they Jay and his friends can afford to pretend if nothing else, that they are regular people with some compassion.
Mrs. Purple Rain said
@2020 why are you so mad??? Let Jay make his money. Bey has earned the right to sell her tickets 4 as much as she please.
One question…….
Why are black ppl always tossing salt at other black ppl?????
2020VIZN said
You know what Purple Rain you are right, I apologize for throwing salt at black people, I ask for forgiveness.
Good Evening!!!!!!!
Smurfette said
*Creepin back in here readin YISI comments
Girl, u know I was just jokin around! Me and 2020 aint go to no back room!
*smellin straight like Irish Spring *wink
Lowridaz said
good luck to them all
Terrance said
2020 I feel you, I agree that some of these athletes take for granted how blessed they are. But I don’t have a problem with them making 10’s of millions because they are making other people stanky rich. Like you stated Mark Cuban profits the most. Athletes get paid a lot because they generate a lot. They pack arenas and stadiums because millions of adoring fans are in love with their athletic ability. No one seems to ever have a problem with billionaire owners, just the young black athletes they employ. No one has ever in the history of sports attended a game to watch the owner of a team sit courtside or in the owner’s box. I can’t ever recall watching an owner endorsing sneaks, sports drinks, or a fast food chain. That’s because they themselves do not generate millions by their appearance alone. That’s why I don’t have a problem with athletes making ridiculous dough.
2020VIZN said
I did what you saying homie
colleen33 said
first off people should’nt buy anything that kayne sells or endorse because he sold those shoes at way too high prices, talk about the shoes Michael jordan sold, those shoes came down in the poor neigborhood selling at very high prices, I think poor or middle class people should let these people that have money realize that you not buying their expensive stuff, let them go sell them to the people in their neigborhood, guess they wont any sells. Kids rob and steal to get a pair of those jordan shoes, but I dont know how kayne is doing with hers, didnt hear or see them advertising or anything, so I am guessing the sales tanked so they had to be pulled. Its time poor people stop making these greedy people much richer than they are right now. Can you visit their neigborhood? no they wont even let you in their big high gates, well let them buy their own perfumes and shoes or whatever they are selling.
Ms. E said
@ colleen33 – Kanye’s shoe was ugly anyway!!! I rather spend 98 bucks on Coach’s tennis shoes!