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Black Promoters Collective Surpasses $100M In Year-End Revenue Following Announcement Of Brandy And Monica's 'The Boy Is Mine Tour'

Brandy and Monica’s R&B tunes are still high in demand. The pair released “The Boy Is Mine” in 1998, which was a single featured on Brandy’s album “Never Say Never” and Monica’s “The Boy Is Mine,” both launched that same year. The song led to the first Grammy win for both artists in 1999, according to That Grape Juice, and went double platinum, notes “Good Morning America.” It has stood the test of time. In fact, the classic was also remixed by pop star Ariana Grande in 2024, introducing the hit classic to a new generation. In 2020, it became apparent that fans wanted to see more collaborations by Brandy and Monica. The pair lit up Verzuz, a one-on-one music battle platform co-founded by Swizz Beatz and Timbaland, garnering 1.2 million viewers on Instagram, Billboard reported. That battle played a key role in the women’s upcoming co-headlining “The Boy Is Mine Tour,” which was announced on June 24, 2025. View this post on Instagram A post shared by 4 e v e r b r a n d y ♠️ (@brandy)...

Jul 18, 2025

T-Boz Explains How TLC Bought Back The Rights To Their Name Along With The Amount They Paid For Each Letter

Tionne “T-Boz” Watkins, a founding member of TLC, revealed that the group paid $1 million per letter to reclaim the rights to their name. The total of $3 million ensured Watkins and Rozonda “Chilli” Thomas retained full ownership of the TLC brand following the death of Lisa “Left Eye” Lopes in 2002. In a Facebook video posted by DJ Envy of “The Breakfast Club,” Watkins revealed that the band paid $1 million per letter to own the rights to their band’s name. “A million dollars per letter, honey,” she said in the video. “To buy back the name TLC.” She did not disclose from whom they purchased the rights, adding only, “You know from whom. We ain’t gonna say.” As AFROTECH™ previously reported, the monumental success of their 1994 album, “CrazySexyCool,” produced hits like “Creep” and “Waterfalls” and earned the group two Grammys. While it made TLC the first girl group at the time to achieve diamond certification, the women faced severe financial hardship shortly after. In 1995, TLC...

Jul 17, 2025

Voletta Wallace’s Estate Sues Faith Evans Alleging Refusal To Share Profits From Sale Of Notorious B.I.G. Rights

The late Notorious B.I.G.’s estate has filed a lawsuit against Faith Evans. New York-born rapper Christopher George Latore Wallace, best known as The Notorious B.I.G. and for timeless hits like “Big Poppa” and “Mo Money Mo Problems,” was killed in a drive-by shooting in 1997. His legacy continues to live on, thanks in large part to his mother, Voletta Wallace, who had played a key role in managing his estate before she recently passed away. As AFROTECH™ previously reported, she successfully secured rights to most of his catalog from Bad Boy Records, increasing her ownership of his music from 50% to 85%. The Notorious B.I.G. was originally signed to the label by founder Sean “Diddy” Combs. In 2020, Voletta acquired the remaining 15%, gaining full control of her son’s music catalog. “Securing control of my son’s publishing and masters was a hard-fought journey, one that was not easy to accomplish,” Voletta explained, according to The Wall Street Journal. Voletta died at 78 years old...

Jul 11, 2025

Hervé Aniglo Is Not Only A Data Analyst, He's Also A World Traveler On A Mission To Teach People How To Code Music

Data analyst Hervé Aniglo is on a mission to make coding fun through music. The University of Memphis alum’s passion for technology began in elementary school. Over the years, he gained experience as a software engineer and business analyst, but it was his love for using data to tell compelling stories that ultimately led him to his current role. “I just like working with data — gathering information and seeing what I can do with it. I love to tell stories,” he told AFROTECH™ in an interview . “So that, being a data analyst, it shows the world and it shows people like what stories you can tell from it in a sense. You can predict the future. You can see what’s going to happen with the current trend.”‘ Personal Call To Action In Tech Aniglo is also dedicating time within the industry to give back, guided by two personal calls to action. The first is to help people find roles and support their professional development. This mission, which began in college, includes reviewing resumes,...

Jul 10, 2025

SZA, Kendrick Lamar Make History With The Highest-Grossing Co-Headlining Tour, Earning $256.4M

Kendrick Lamar and SZA have made history in the music industry. Grand National Tour The Grammy-award winning artists are frequent collaborators and performed together at the 2025 Super Bowl LIX performance in New Orleans. The pair later embarked on the “Grand National Tour,” which kicked into gear on April 19 at U.S. Bank Stadium in Minneapolis, according to USA Today. The tour, presented by Live Nation, pgLang (Lamar’s agency), and Top Dawg Entertainment, made its way to 19 stadiums in cities such as Los Angeles, Houston, Las Vegas, and Atlanta, mentions Seattle’s Lumen Field. Concluding the North American leg on June 18, the tour will continue throughout the U.K., Europe, and Australia. View this post on Instagram A post shared by Kendrick Lamar (@kendricklamar)   This has marked the first stadium tour for both artists. “There’s so many firsts happening back to back,” SZA said on the “Sherri” show . “I can’t express what it’s like to go through life for the first time but in front...

Jun 27, 2025

Watch Now: Bun B Explains How His Music Career Influenced His Business Strategies

A legendary Hip-Hop artist, a force in the community, an entrepreneur , and a professor — it’s no secret that Bun B’s résumé runs deep. At AFROTECH™ 2024 , the Port Arthur, TX, native — born Bernard Freeman — joined Jeff Nelson , co-founder and chief operating officer of Blavity Inc. , for an insightful fireside chat that explored innovation, entrepreneurship, branding, and building wealth and success beyond the music industry . Highlighting his influence as an artist and how it carried over into his success in other business ventures, like his fast-food restaurant Trill Burgers, Bun B shared how he has leveraged his platform to create multiple streams of income and leave a lasting cultural imprint. Purchase your ticket to AFROTECH™ Conference 2025 now!   View this post on Instagram   A post shared by AFROTECH (@afro.tech) During their conversation, Bun B traced a pivotal turning point in his life back to 10th grade, when a simple journaling assignment revealed his love for writing....

Jun 26, 2025

David Banner Credits T.I. For Making It Possible For Him To Become A Multi-Million-Dollar Producer

David Banner is thanking T.I. for making it possible for him to have a lucrative career as a producer . On the “Club Shay Shay,” podcast, Banner reveals how important a tag in a song is for producers to ensure they receive full recognition. He also claims he is one of the first rappers to put his name before a beat in contemporary Rap and says the decision was inspired by Jay-Z, who would shout out producers on his songs. “I noticed Jay-Z would say ‘Kanye, you a fool fool fool. Just Blaze, you did it again,’ and every time he would say their name they could charge $10,000 extra right,” Banner told host Shannon Sharpe on the podcast. “Southern rappers hid their producers. It hurts me to this day. KLC from Beats By The Pound, as big as ‘No Limit’ was, don’t nobody know who they are. They’re some of my mentors… I really think Beats By The Pound is as big as Timbaland and Pharrell, because they changed music in the same way that those people do but we don’t know who they are.” He...

Jun 25, 2025

Temple University Professor To Teach A Course On Kendrick Lamar

Kendrick Lamar’s impact will be studied. The songwriter and rapper, who broadly reps Compton, CA, had quite a year. The release of his rap diss “They Not Like Us” in 2024 led to five Grammy awards including “R ecord of The Year” in 2025. Lamar also was the headliner at the 2025 Apple Music Super Bowl LIX Halftime Show held in New Orleans. View this post on Instagram A post shared by NFL (@nfl) While this last year has been electric for the rapper, his talents and contributions to the world of Hip-Hop had been undeniable as a result of albums that include “To Pimp A Butterfly” (2015), “Mr Morale & The Big Steppers” (2022), and “DAMN” (2017), which earned him a Pulitzer Prize. “Throughout his career, Kendrick Lamar hasn’t met the cultural moment so much as he’s defined it,” Rachel Newman, Apple Music’s global head of content and editorial, said in a news release. He’s defined it so much so that it will now be taught in higher learning. According to WHYY News, Temple University...

Jun 23, 2025

Swizz Beatz Teams Up With Producer Chris Brancato To Launch Media Company

Producers Swizz Beatz and Chris Brancato are turning it up a notch with their collaboration. Launching Media Company Baller Alert reports Swizz Beatz has worked on the theme songs for Brancato’s television shows “Godfather of Harlem” and “Hotel Cocaine,” and is currently a consulting producer for Brancato’s eight-episode Irish crime drama series, “The Westies,” with production beginning in July 2025. Now, the pair are taking their creative works to new heights. They will be launching a media company, which has not been named, with a focus on developing material for TV, film, and podcasts. “We’ve found a creative rhythm that feels rare,” Brancato, the creator of “Narcos,” explained, according to Variety. Swizz Beatz commented: “Moving into producing and creating new shows with [Brancato] felt incredibly natural and organic. That’s our vibe, our inclusive chemistry, fueling and driving each other to spark fresh creative ideas.” The songwriter’s latest creative venture comes a year...

Jun 23, 2025

Memphis Bleek Recalls Why He Turned Down A $75K Bonus From Capitol Records And Signed With Jay-Z

Memphis Bleek’s trust in Jay-Z led him to turn down a five-figure signing bonus. As AFROTECH™ previously told you, Memphis Bleek splashed onto the music scene by being featured on the “Coming of Age” track of Jay-Z’s “Reasonable Doubt” album. He later became the first artist signed to Jay-Z’s label, Roc-A-Fella Records. The pair had also grown up together in the Marcy Projects of Brooklyn, NY. “He really grew up with me, on the third floor of the same building in the same project,” Jay-Z said recently on Power 105.1 with DJ Envy. During an interview with “The Breakfast Club,” Memphis Bleek was asked by co-host Jess Hilarious, born Jessica Robin Moore, about his dynamic with Jay-Z and if he believes his fate would have been different if he had signed with another label. Memphis Bleek eventually parted ways with Roc-A-Fella Records, and while Jay-Z went on to launch Roc Nation, Memphis Bleek admits he likely wouldn’t have become a bigger artist — or reached where he is today — even if...

Jun 20, 2025

HarbourView Equity Partners, An Investment Firm Founded By Sherrese Clarke Soares, Raises $500M In Debt Financing Backed By KKR

HarbourView Equity Partners just landed a major financial boost to supercharge its growing empire. The Black-founded investment firm, led by Sherrese Clarke Soares, has secured $500 million in debt financing from KKR, according to a press release. The funds will be used to expand the firm’s portfolio of music, media, and sports-related intellectual property. The financing was structured by Barclays, with Barclays and KKR Capital Markets serving as placement agents and Fifth Third Bank as passive placement agent. “We are thrilled to have KKR’s continued support as we further scale the firm,” Soares said in the press release. “This additional capital will help us accelerate our strategy to align with where the media, sports, and entertainment markets are headed. We see a tremendous opportunity to continue investing in evergreen intellectual property, which we believe is historically uncorrelated to broader market volatility and forms a powerful diversification tool.” The new capital...

Jun 11, 2025

Gospel Artist Kirk Franklin's Fo Yo Soul Recordings And CLTRE Lab Merge With Black-Owned Insignia Assets

Grammy Award-winning singer Kirk Franklin has deepened his partnership with a media and entertainment company, which will increase funding for his creative endeavors. Franklin’s Fo Yo Soul Recordings and CLTRE Lab merged with Insignia Assets, established by Norman Gyamfi and Jonathan Jay, according to Billboard . The companies will be able to benefit from Insignia Assets’ portfolio, which encompasses recorded music and publishing, television, film, touring and events. The gospel artist will assume a new title, serving as Insignia Assets’ chief of creative services. “We’ve worked with Kirk for some time now—from the 2022 release of the multi-GRAMMY®-winning collaborative album, Kingdom, to producing sold-out arena tours with him consecutively over the past few years,” Gyamfi, Insignia Assets’ co-founder and CEO, told the music publication. “Today, we’re thrilled to fortify and deepen our partnership by welcoming Kirk to our executive team and by charting a course for the future with...

Jun 4, 2025

Black-Owned Chicago Soul Food Restaurant Experiences Spike In Sales Thanks To Beyoncé's 'Cowboy Carter Tour'

Beyoncé’s “Cowboy Carter” proved to be good business for Chicago, IL, locals. The entertainer who won Best Country Album at the 2025 Grammy Awards for “Cowboy Carter” is currently touring its tunes with a stop in the Windy City. According to USA Today, the three planned concerts took place on May 15–18 at Soldier Field . View this post on Instagram A post shared by Beyoncé (@beyonce) The tour brought great momentum for the city and was beneficial to several Black-owned businesses, including Bronzeville Soul. The restaurant first benefited from the Carter family in 2023. As AFROTECH™ previously reported, Hip-Hop mogul Jay-Z had been in the area to celebrate his wife Beyoncé’s second night of her “Renaissance World Tour,” which was also held at Soldier Field. The soul food restaurant had been “up and down” for nearly a year before Jay-Z’s visit, but it was able to gain new momentum afterward. “The element of that surprise was huge. It was overwhelming,” Bronzeville Soul Co-Owner Mario...

May 28, 2025

Salt-N-Pepa Sue UMG Over Rights To Their Master Recordings And Are Seeking At Least $1M In Damages

Salt-N-Pepa are taking Universal Music Group (UMG) to court. Comprised of Cheryl “Salt” James and Sandra “Pepa” Denton, the rap duo Salt-N-Pepa — who has released 11 albums since their debut in 1986, according to Genius — has filed a lawsuit over their masters . According to the Associated Press, they allege that ownership of their masters should be transferred to them and that UMG is in violation of the Copyright Act of 1976, which states that artists have the right to reclaim ownership of their masters and can void previous agreements after several decades. In 2022, the pair first filed to terminate the terms they had established with UMG, stating they were “eager to retake full ownership of their art and legacy,” and adding, “inexplicably, UMG has refused to honor” their rights. The pair believe they should have ownership of their masters for albums such as debut “Hot, Cool & Vicious” (1986), “Push It” (1987), and by 2026, “Very Necessary” (1993). In response, UMG said in a June...

May 20, 2025

What Is Ashanti's Net Worth?

Ashanti is more than a Grammy-winning singer . She’s a businesswoman, actress, and entertainment industry mainstay who’s remained relevant for over two decades. Bursting onto the scene in the early 2000s with a voice that defined a generation of R&B, Ashanti quickly transitioned from chart-topping newcomer to multifaceted mogul. Her work with Murder Inc., her successful solo career, and later ventures in film, publishing, and entrepreneurship have all contributed to her staying power and growing wealth. So, how much is Ashanti’s net worth today? How did she build that net worth over the years? Let’s take a look at her earnings, assets, and the business decisions behind her success. Breaking Records In The Early 2000s Ashanti’s career took off in 2002 with the release of her self-titled debut album. It sold over three million copies and went triple platinum within months. That same year, she became the first female artist to hold the top two spots on the Billboard Hot 100 chart...

May 16, 2025