Friday, May 25, 2007
Get used to seeing more of Curtis "50 cent" Jackson looking like this!
I kind of got out of the posting regularly about hip hop news game on this site a while ago, but this (from AHH) is too momentous to ignore:
Queens, NY rapper 50 Cent may have good reason to brag on his new single "Straight to the Bank." Glacéau, makers of vitaminwater, was acquired by The Coca-Cola Company today (May 25) for $4.1 billion dollars in cash [emphasis added]. 50 Cent invested in Glacéau in 2004 and owns 10% of the company [emphasis added]. Sources told AllHipHop.com that Coca-Cola's purchase of Glacéau earned the rapper an estimated $400 million dollars. Glacéau markets and sells popular energy drinks named vitaminwater. The company markets and distributes a grape flavored energy drink inspired by 50 Cent named "Formula 50." "This is an outstanding opportunity for both of our companies to build an expanded active lifestyle business, first in the United States and then around the world," said Muhtar Kent, president and chief operating officer of The Coca-Cola Company.Click here for more.
If these numbers are real, do y'all understand what this dude just did on the business tip?!! That sh*t is amazing! Not rapper-amazing, like real big business/mogul/titans-of-industry amazing. Chris Lighty is prolly gonna get a $60M check of this deal as his manager. Even though he just pushed his album back, if you think he gives a f-ck that everyone is saying all the singles he's dropped from the Curtis album so far are trash, guess again. He's not even in the same league as the rest of these rap cats any more. Cam and everyone else just lost... forever.