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Message
re: P. Diddy: I have aspirations to become the first black owner of a NFL franchise
Posted on 10/21/13 at 8:36 pm to genro
Posted on 10/21/13 at 8:36 pm to genro
I doubt P Diddy has the money. Even Magic Johnson, a pretty astute businessman could only afford a partial interest in the Dodgers.
I just don't see anyone in the music business able to make the kind of cash needed given how the music business has changed. Artists don't sell as many records as they used to due the digital music revolution and how artists don't need record companies like they used to with digital music.
P. Diddy can't even count on royalties since he samples so much. He doesn't even own 100 percent of his biggest hits.
Maybe if P Diddy gets lucky with investments out of the music industry.
I just don't see anyone in the music business able to make the kind of cash needed given how the music business has changed. Artists don't sell as many records as they used to due the digital music revolution and how artists don't need record companies like they used to with digital music.
P. Diddy can't even count on royalties since he samples so much. He doesn't even own 100 percent of his biggest hits.
Maybe if P Diddy gets lucky with investments out of the music industry.
This post was edited on 10/21/13 at 8:37 pm
3
Posted on 10/21/13 at 8:41 pm to Ralph_Wiggum
quote:
I just don't see anyone in the music business able to make the kind of cash needed given how the music business has changed. Artists don't sell as many records as they used to due the digital music revolution and how artists don't need record companies like they used to with digital music.
P. Diddy can't even count on royalties since he samples so much. He doesn't even own 100 percent of his biggest hits.
Maybe if P Diddy gets lucky with investments out of the music industry.
He didn't make his money off his CDs.
Posted on 10/21/13 at 10:03 pm to Ralph_Wiggum
quote:
I doubt P Diddy has the money. Even Magic Johnson, a pretty astute businessman could only afford a partial interest in the Dodgers.
I just don't see anyone in the music business able to make the kind of cash needed given how the music business has changed. Artists don't sell as many records as they used to due the digital music revolution and how artists don't need record companies like they used to with digital music.
P. Diddy can't even count on royalties since he samples so much. He doesn't even own 100 percent of his biggest hits.
Maybe if P Diddy gets lucky with investments out of the music industry.
Pretty sure Diddy would kill himself if he woke up with Magic's bank account.
Posted on 10/22/13 at 8:15 am to Ralph_Wiggum
quote:
Even Magic Johnson, a pretty astute businessman could only afford a partial interest in the Dodgers.
The Dodgers sold for over $2 billion, in a cash transaction.
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