Nas To Blame? Universal May Lose Out On $84M
Written by HipHopRX Denise on October 30th, 2007 in Business, People - U.S., Nas, Hip Hop, Music News.
Behemoth record label Universal Music Group must change the name of rapper Nas’s new album, “Nigger,” or risk losing $84 million in state investments, a Fort Greene assemblyman said this week.
“[They are] profiting from a racial slur that has been used to dehumanize people of color for centuries,” said Assemblyman Hakeem Jeffries (D–Fort Greene), a former entertainment industry big-wig.“It is time for Nas and other hip-hop artists to clean up their act and stop flooding the airwaves with the N-word.”
Jeffries called on Comptroller Thomas DiNapoli to withdraw the $84 million that the state pension fund has invested in Universal and its parent company, Vivendi.
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