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UPDATE on SH Shady Deal

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UPDATE on SH Shady Deal

Postby Ella » Mar 22nd, '10, 12:08

i'm wide awake so i'll try my best 2 help some of u guys out while i'm bored....

first of all, 2 fully understand the dude, you'd have 2 know him, he's a little off in the way he thinks, which i am also, but just 2 try & hint at what i'm talking about.. he believes he's part of some illuminati shit & can control the president's moves w/ 1 phone call (sounds wild, right ??)

cliff note version - dude wanted 2 sign SH, didn't happen...

i signed a 2 album deal after PR, 1 digital, 1 physical w/ a 140k advance all in... 80 2 be paid up front, 60 4 them to hold 2 pay producers, mixing, etc..

said contract was 2 pages... 1 being the actual contract, 1 being the sheet 2 sign....

SH signs 2 E1..

dude then calls E1 & my lawyer saying that i'm not legally allowed 2 do that album becuz i'm signed 2 him in an exclusive capacity & sends over a contract the size of a book with my signature, stating all types of crazy ass shit... they're in charge of my merchandise, publishing, etc, & its a 3 album deal...

i claim i didn't sign that bullshit & there will be no ER until this matter is cleared up...

he calls 2 beg 4 ER & in exchange will clear me 2 record the SH album while we clear everything up (only way this could be done considering bith ER & the SH album were way behind schedule becuz of all this)

he puts out ER on the same date as SH (seems small, but dude had already been threatening Royce & Joell's managers w/ dropping a Budden project in close proximity 2 anything they do, which no1 wanted naturally)

E1 wants 2 re sign SH, but here comes Shady (E1 signed us 2 a 1 album deal which every1 in the industry called them fools 4 doing)

Next then goes & cuts some deal w/ Alan (E1), what that deal included no1 really knows 4 sure, but they got a shitload of $ under the promise they'd be able 2 deliver Budden product,( remember, E1 wants Budden desperately)..

so now a hard copy of ER comes out 2 every1's surprise & is doing great generating A LOT of $ that i haven't seen a dime of, along with PR HH & MM royalties...

i decide i'm not handing in GE (2 E1 who's expecting it becuz thats what they paid Amalgam 4 basically) until Amalgam has absolutely nothing 2 do w/ Budden...

keep in mind, when i did try 2 hand GE 2 amalgam, i told them they needed 2 start paying these producers w/ that other 60 b4 we start losing records (this is back when we were trying to "clear" everything up).. they said hell no, i better pay them from the 80k i got, the 60 aint movin til the albums out....

i also offered 2 pay them, in full, 140k 2 remove themselves from any situation of mine, didn't happen... E1 offered them 200k 2 do the same, i was told "dude is crazy, he's coming back w/ astronomical #'s, he desperately wants 2 be a part of)....

so now E1 is supposedly trying to buy that contract from them, but E1 also wants to keep that exclusivity part in there 2 have some control over the SH/Shady deal.... Shady offered a buy out, they didn't take it, Shady offered an over ride (which they're negotiating now 2 my knowledge)....

bottomline... Amalgam forged a contract, probably cuz they knew their piece of shit company would fall immediately once i left, but thats me guessing, who really knows why... so that, along w/ E1 trying their best 2 keep SH, is holding things up a tad bit....

take what u will outta that, i tried my best 2 help clarify without disclosing everything....

& PS... if any of u have ever bought a car... Tahiry is leasing hers 4 $500 a month, which i put the down payment on (4K)... since when did u ever need 80k 2 even buy a car ?? *jordanshrug*

but yeah... dude is a real piece of shit.


ffs no wonder its taking so long.. source is JBTV

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Re: UPDATE on SH Shady Deal

Postby clustr » Mar 22nd, '10, 12:46

i didn't understand a thing :(
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Re: UPDATE on SH Shady Deal

Postby Jay-19 » Mar 22nd, '10, 13:57

That shit is the most confusing shit I've read.

Didn't understand jack shit.
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Re: UPDATE on SH Shady Deal

Postby Anim » Mar 22nd, '10, 14:15

The essence of it is that Shady Records is trying to buy Slaughterhouse out of their deal with E1 and into a new deal with Shady Recs, but E1 isn't happy about letting SH go, so the negotiations are difficult. There was also some things about E1 forcing someone to pay some producers by themselves.
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Re: UPDATE on SH Shady Deal

Postby X'ed Up » Mar 22nd, '10, 14:17

:unsure:
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Props to csg370^

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Re: UPDATE on SH Shady Deal

Postby mcZu » Mar 22nd, '10, 14:53

Makes sense. Hopefully Shady will get the better deal out of that negotiation bull shit...
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Re: UPDATE on SH Shady Deal

Postby embm » Mar 22nd, '10, 15:47

:confusion:
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Re: UPDATE on SH Shady Deal

Postby Alaine » Mar 22nd, '10, 16:35

I started to think maybe Shady didn't want to sign SH from the first place :sweating:
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Re: UPDATE on SH Shady Deal

Postby MikeNUFC » Mar 22nd, '10, 17:31

Anim wrote:The essence of it is that Shady Records is trying to buy Slaughterhouse out of their deal with E1 and into a new deal with Shady Recs, but E1 isn't happy about letting SH go, so the negotiations are difficult. There was also some things about E1 forcing someone to pay some producers by themselves.

That's better. I understand that. :y:

I do hope this deal goes through but would be stupid for Slaughterhouse, I reckon. SR has hardly got a good record when it comes to releasing albums.
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Re: UPDATE on SH Shady Deal

Postby mbmfan » Mar 22nd, '10, 18:23

Thnx Ella!

Was just reading Slaughterhouse rumors on another site :whistle:
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Re: UPDATE on SH Shady Deal

Postby LLockhart86 » Mar 22nd, '10, 18:30

Its different when the people you are signing already have a decent fanbase i suppose.
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Re: UPDATE on SH Shady Deal

Postby RichardDiNozzo » Mar 22nd, '10, 18:51

Everyone wants dat deal in the world, so i hope they make it.
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Re: UPDATE on SH Shady Deal

Postby Alaine » Mar 22nd, '10, 19:18

RichardDiNozzo wrote:Everyone wants dat deal in the world, so i hope they make it.

:laughing: :laughing: :laughing:
sorry but Shady/Aftermath is one fucked up label, the only person that selling units is Em, maybe Dre but he hasn't put out an album since last decade. 50 flopped. D12 more than dead now and in the past they sold just because of Em. And not to mention a whole crew that got dropped/left from Obie to Bobby Creekwater, Stat Quo, Bishop Lamount... Cashis probably got dropped too but hasn't admitted it. Now that think about it Shady/Aftermath is like dead end for career :confusion:
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Re: UPDATE on SH Shady Deal

Postby Pllumi » Mar 22nd, '10, 19:55

Menzo wrote:I hope they sign Slaughterhouse. A D12 and Slaughterhouse collab would be dope :smoking:


word :y:
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Re: UPDATE on SH Shady Deal

Postby dR3 » Mar 22nd, '10, 20:04

Just sign them already. :tapping:
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