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Hostess’ advisers will soon begin to shut down the company’s 33 bakeries and 565 distribution centers, headquarted in Irving, TX. The vast majority of its 18,300 employees will be laid off, according to the company.

As part of the liquidation process, Hostess is also moving to sell off its iconic portfolio of treats. Such brands often find a second home after bankruptcy, often with companies specializing in intellectual property.

source: CBSNews

dir. by Hoodlym

Hip Hop Album Sales: The Week Ending 11/4/2012

#4. Ne-Yo – R.E.D. – 66,000 (66,000)

#8. Meek Mill – Dreams & Nightmares41,000 (206,000)

#9. Kendrick Lamar – good kid, m.A.A.d. city – 41,000 (345,000)

#40. 2 Chainz – Based On A T.R.U. Story – 9,800 (375,000)

#46. Macklemore & Ryan Lewis – The Heist – 8,200 (126,000)

#59. E-40 & Too Short – History: Function Music – 6,500 (6,500)

#66. E-40 & Too Short – History: Mob Music – 5,700 (5,800)

#151. Saigon – The Greatest Story Never Told Chapter 2: Bread & Circuses – 2,800 (2,800)

#176. Sean Price – Mic Tyson – 2,400 (9,300)

#199. Tech N9ne – Boiling Point – 2,100 (15,000)

* data comes from Nielsen Soundscan, rounded to nearest thousandth for units above 10,000, nearest hundredth for units below 10,000.

Grand Theft Auto V is coming spring 2013.

20121114-074710.jpg

via AlLinstrom.com

The 23rd James Bond movie Skyfall grossed $88 million during its opening weekend in the United States.

Created with a $200 million production budget, Skyfall has earned $518 million worldwide with $431 million coming in from overseas to date and is on pace to surpass Casino Royale’s record of $599 million by the end of the week.

Title (Weekend Gross in millions usd)

  1. Skyfall $88.3 m
  2. Wreck-It Ralph  $33 m
  3. Flight  $14 m

Top 10 @BoxOffice  after the jump. Read More

Young Juve (Juvenile of Hot Boys son) drops visual for Azul feat. Marcellus

Square Off’s Trips -N- Slim (hip hop icon Doug E. Fresh‘s sons)  give you a first look into their home in this first part of their documentary.

Colorado and Washington became the first states ever to legalize pot for recreational use, according to Fox News, Wednesday, Nov. 07, 2012.

While Washington and Colorado say YES to weed, the federal government still says that it is illegal.

The measure in Washington State is called Initiative 502 will “legalize and regulate the production, possession and distribution of marijuana for residents age 21 and older,” according to Fox. This also includes a 25% tax on the product.

 

 

#2. Meek Mill – Dreams & Nightmares – 165,000 (165,000)

#5. Kendrick Lamar – good kid, m.A.A.d. city – 63,000 (304,000)

#30. Tech N9ne – Boiling Point – 13,000 (13,000)

#35. 2 Chainz – Based On A T.R.U. Story – 11,000 (365,000)

#39. Macklemore & Ryan Lewis – The Heist – 9,800 (117,000)

#42. G.O.O.D. Music – Cruel Summer – 9,200 (340,000)

#58. Sean Price – Mic Tyson – 6,900 (7,000)

#65. The Man With The Iron Fists soundtrack – 6,400 (18,000)

#66. Cee Lo – Cee-Lo’s Magic Moment – 6,200 (6,200)

#194. The Coup – Sorry To Bother You – 2,000 (2,000)

* data comes from Nielsen Soundscan, rounded to nearest thousandth for units above 10,000, nearest hundredth for units below 10,000.

Title / Weekend Gross (in millions usd)

  1. Wreck it Ralph  $49 m
  2. Flight  $24.9 m
  3. Argo  $10.2 m
  4. The Man with the Iron Fists  $7.9 m
  5. Taken 2  $5.9 m

 

Azie, Alpo, and Rich Porter documentary