Big Meech (founder of B.M.F.)
Senior Editor of Hip Hop Weekly magazine & the author of Raised By Wolves, Cavario H. has a conversation with Big Meech about various elements of the streets, music & much more.
NBA owners and players have reached a tentative deal to end the 149 day lockout and open a 66 game season on Christmas Day.
NBA commissioner David Stern emerged from a 15-hour meeting between the parties last night to say they had reached a ”tentative understanding that is subject to a variety of approvals and very complex machinations. We’re optimistic that will all come to pass and that the NBA season will begin December 25.”
Any agreement must still be ratified by both NBA owners and players, with a majority needed on each side. The ratification process for the players is complicated by the fact that they disbanded their union on November 14 and launched an anti-trust lawsuit against the league in Minnesota. They must drop the lawsuit and reform the union in order to vote on the deal.
Christmas Game Schedule (tentative):
Mavericks vs. Heat
Knicks vs. Celtics
Bulls vs. Lakers
Scarface (1983) starring Al Pacino as Tony Montana
Master P dropped off 100 Turkeys in Baton Rouge for the Thanksgiving Holiday! Uggggggghhhhh!
spotted: eMarketer
Tablet devices, in their current incarnation, have only been available for a couple years, but the iPad has propelled them to rapid increases in ownership and usage. eMarketer estimates that by the end of 2011, 33.7 million Americans will use a tablet device at least monthly—a rise of 158.6% over last year, the year the iPad was released.
Growth will slow to double digits beginning in 2012, but the number of users will rise to nearly 90 million, or 35.6% of all internet users, by 2014.
Title / Weekend Gross
1 The Twilight Saga: Breaking Dawn Part 1 $139.5 m
2 Happy Feet Two $22 m
3 Immortals $12 m
4 Jack and Jill $12 m
5 Puss in Boots $10.7 m
6 Tower Heist $7 m
7 J. Edgar $5.9 m
8 A Very Harold & Kumar 3D Christmas $2.9 m
9 In Time $1.6 m
10 The Descendants $1.2 m
Activision’s Call Of Duty: Modern Warfare 3′ has grossed over $775 million in its first five days on the shelves. Activision reported Wednesday that in just one day of sales they sold more than $6.5 million units in North America and the United Kingdom. This means that these sales trump all opening sales for any movies, books or videogames in the world ever. This make the ‘Call Of Duty’ franchise the most valuable piece of entertainment worldwide. Having exceeded $6 billion since the first Call Of Duty release back in October 29, 2003.
Wow. That’s GWOP!
Spotted: Forbes
Whom ever buys the Los Angeles Dodgers in a bankruptcy court-led sale from Frank McCourt will have a stack of IOUs to deal with.
The baseball team and its related entities now owe $555 million, according to people familiar with the finances.
McCourt securitized a large portion of the team’s ticket revenue in two trusts for which there is $390 million of debt attached. Annual principal and interest payments on the debt is around $32 million a year, meaning in 2010 the team, which gets the ticket revenue after the debt payments, would have received $70 million of the $102 million the Dodgers pulled in from ticket sales. For 2011, as attendance fell 17%, the team would have only received about $50 million.
The Dodgers also have borrowed $55 million from Major League Baseball’s credit facility and have used $80 million of debtor-in-possession financing from the league. On top of that, McCourt borrowed $30 million from Fox so he could meet payroll this past season. And the team is not off the hook from paying into MLB’s revenue-sharing system, which cost the Dodgers over $30 million in 2010.
All of these liabilities make the Dodgers, which forbes valued at $800 million in March, the most indebted team in baseball history.
Google Inc. unveiled a new online music store with T-Mobile to compete against its competitors Apple and Amazon.
The new service features millions of songs from record labels EMI, Sony Music and Universal, but will not have music from Warner Group.
To help jump-start the new music store, Google said it will offer one free song for consumers to download every day.
It will also allow consumers to share purchased songs with friends on the Google-plus social network. The feature will give users of Google-plus a “free, full-play” of songs purchased by their friends.
Good news for music lovers everywhere!
source: Life+Times
With Michael Jordan’s dominance throughout the ’90s providing a spark, the basketball culture in Chicago has recently dominated that of other sports in the city, one where the Cubs and Bears also call home. Chicago has also come to rival and in some regards, surpass, other basketball capitals such as N.Y.C. and L.A. in producing local talent the likes of Dwayne Wade and Derrick Rose, the latter of which now leads a young, resurgent Bulls squad. Here, in our first documentary, Life+Times follows a select crop of the city’s youngsters—high school sophomores Tyquone Greer, Jahlil Okafor, and Paul White—with the potential to carry on in the city’s rich legacy.
Also featuring famed NBA trainer Tim Grover, Chicago basketball scout Daniel Poneman, and Oak Park product and New York Knicks’ 2011 first-round draft pick, Iman Shumpert.
In today’s world, we no longer have to watch cable television stations like MTV or BET in order to catch up on the latest trends, news and music videos. Laptops, tablets and mobile devices such as Androids and iPhones allow us to explore the blogosphere for all the information we need. Majority of hip hop artists are being discovered daily on popular sites like youtube and twitter which are all intertwined with the urban blog world.
Our staff at GWOP Magazine has put together a list of the top urban websites of 2011 that are available at your finger tips. Checkout the full list after the jump.
GWOP MAGAZINE 