Archive for the ‘Business’ Category

Aug
3

50 Cent To Launch Energy Drink ‘Street King’

50 Cent and Pure Growth Partners, a New York City based company that conceives and markets consumer brands announce the launch of an energy shot called Street King.

For every purchase of Street King a portion of the sales will go to providing a daily meal to an underprivileged child around the world.

In a statement Pure Growth Partners’ Founder and Chief Executive Officer Chris Clarke stated;

50 Cent and I share a common vision: to address the world’s problems through smart and sustainable business models,” Clarke said in a statement. “With the rampant starvation in Africa and hunger afflicting children worldwide, we need socially responsible businesses that affect real change now more than ever. And Street King can set the bar for future generations to come.”

Street King will launch nationwide in September, available in Orange Mango and Grape varieties for $2.49 to $2.99. The energy shot contains 100 percent natural flavors, no artificial colors and is made with a natural source of caffeine, which is derived from coffee beans, the company says. Each 2.5-ounce shot contains an amount of caffeine that is  comparable to a cup of coffee, but contains zero carbohydrates, calories and sugar.

The Street King launch will be supported by a robust trade advertising and marketing campaign as well as out of home advertising, social media initiatives and special events nationwide, the company says.

via: BevIndustry

Aug
0

VIDEO: HTC and Beats by Dr. Dre Promo

To promote the strategic partnership the two companies release a viral to celebrate working together to create superior mobile audio experiences, which will result in a line of HTC devices integrated with Beats sound innovations.

Aug
2

Beats by Dre, HTC Develops Strategic Partnership

HTC will release a line of devices integrated with Beats sound innovations this fall. The two companies have entered a strategic partnership which allows Beats Electronics to bring high performance sound to HTC phones.  According to Billboard, it is also stated that HTC has $300 million invested in the Beats brand gaining a majority stake of the company but Beats Electronics will continue to operate autonomously with Jimmy Iovine as chair and Luke Wood as President and COO.

Peter Chou, CEO of HTC Corp said, “Beats has found a unique way to harness popular culture in a manner that is unlike any other brand today. It’s an exciting brand that has been built around providing something very special, and we believe our strategic partnership will provide customers with unbeatable sound on HTC phones. We obsess over every detail of a consumer’s mobile experience and audio is a critical part of that experience.”

Bringing these two great brands together will create superior mobile music and sound experiences while accelerating HTC’s entry into the youth and accessories markets globally.

No word yet on which cellphone carrier will release the device but more information on this strategic partnership is developing.

Aug
1

Kanye West and Lady Gaga Invest In Turntable.fm

According to Business Insider, Kanye West and Lady Gaga are investing in Turntable.fm. The two artist and other investors have contributed to the $7.5 million financing round. Turntable is a brand new online social network that revolves around listening to music with others, giving thumbs up to tracks you hear that you like, and earning “DJ points” that win you cool new avatars.

Its Pandora and an AOL Chat room put together. Read the instructions on how to use Turnable here and don’t forget to check out the site and put your DJ skills to the test.

Aug
0

VIDEO: Forbes Talks Money With Birdman

Forbes talks money with Birdman, last year he earned $15 million. The Cash Money co-founder sits down to discuss his finances and his upcoming clothing line.

Aug
2

Jay-Z Ranks Number One On Forbes Hip-Hop’s Top Earners List

Jay-Z ranks number one on Forbes Hip-Hop Top Earners List. In the past 12 months Jay-Z has earned $37 million. Diddy ranked second earning $35 million, roughly half of that total coming from a lucrative partnership with Diageo’s Ciroc vodka. Check out the rest of the list below. Continue Reading…

Aug
0

VIDEO: Damon Dash Explains Tax Troubles

Get More: MTV Shows

Damon Dash admits to owing the IRS $2 million in back taxes. In an interview with Sway on Shade 45 he explains the financial setback.

Aug
0

Rick Ross Invest In Wingstop Franchise

Rick Ross is now an investor of the Wingstop franchise. He will open his first store in Memphis, TN.

“After tasting Wingstop’s signature lemon pepper flavored wings in Miami, i knew this was a franchise I wanted to add to my investments.”

Check out the local news covering the story in the video below. Continue Reading…