Former Jay Z associate Damon Dash’s film business auctions off for a low $100 as creditors close in.
Damon Dash’s film production company was auctioned off for a mere $100 on Tuesday as part of efforts to settle a $1 million defamation judgment against him. In what seemed like a last-ditch effort to raise the funds, only one bidder appeared, securing Popington LLC—the company behind Dash’s notable film “Honor Up”—for just $100.50. Mike […]
Here’s why NY now shares a business with Jay-Z after auction of Damon Dash’s shares in Roc-A-Fella Records
The New York state government will effectively be doing business with Jay-Z, at least for a while, after it bought a third of the singer's legendary records at a federal auction last week. The state has become a strange part of hip-hop history. That's because the label's embattled co-founder Damon Dash owes New York City […]