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Antonio "L.A." Reid Archives - AllHipHop

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Casey Veggies First Hip-Hop Artist On Sylvia Rhone's New label

(AllHipHop News) Former Odd Future member Casey Veggies will be the flagship rap artist on music executive Sylvia Rhone’s new Vested in Culture (VIC) music label. Veggies will join Latin pop star Kat Dahlia, R&B singer-songwriter Deon Young, and fellow Los Angeles emcee Cashius Green on VIC. This is Veggies second big business deal over the last year. In July of 2012, it was announced that the 19-year-old signed to Jay-Z’s Roc Nation Management. He will now be under the tutelage of another veteran music industry insider in Rhone. Rhone has a 25-year record of working in the music business. She has served as the Chairman/CEO of the Elektra Entertainment Group and most recently as the President of Universal Motown Records. Throughout her career she has helped mold the careers of Lil Wayne, Kid Cudi, Erykah Badu, Missy Elliott, Fabolous, Melonia Fiona, Stevie Wonder, and a host of other stars. [ALSO READ: Casey Veggies Releases “Life Changes”; Futuristiks and 1500 or Nothin Recall Recording Process] Veggies will also have the backing of another music heavyweight. Rhone’s VIC is a part of a joint venture with Epic Records meaning she will work directly under Epic’s CEO and Chairman Antonio “L.A.” Reid. “It gives me great pleasure to work alongside the most successful female record executive of all time,” remarked Reid in a press statement. “She has taste, style, vision and she has my complete support.” Veggies just released his latest mixtape, Life Changes, on January 22. He is currently working on his untitled debut album that is expected to drop in 2013. The young emcee has also expanded his portfolio beyond just recording music. He teamed with Joshton Peas and Anwar Carrots to create the clothing and management company Peas & Carrots International (PNCINTL). Check out a recent Hypetrak interview with Casey Veggies. [youtube http://www.youtube.com/watch?v=HKIoMipScBE]

Sony Chief Executive Looking to Acquire Cash Money

(AllHipHop News) Doug Morris, Sony’s chief executive of Music Entertainment, who recently left Universal after 15 years, has his eyes set on some of rap’s largest labels as their looming distribution contracts expire. My plan here is very simple,” Doug Morris told the New York Times. “To help create the pre-eminent record company in the world.” Things are changing quickly at Sony, as last week, after months of talks, Morris signed Dr. Luke, who has produced pop hits for Katy Perry and Kesha. By creating what is now Kemosabe Records in collaboration with Dr. Luke, Sony gets exclusive rights to Dr. Luke’s production for the next five years. Part of Morris’ plan also includes bidding on the contracts for Cash Money and Big Machine. In what likely will be a bidding war with Universal, Bryan “Birdman” Williams and Ronald “Slim” Williams will have to decide where to take Cash Money Records. Mr. Morris has also cleaned house by replacing several top executives in Sony’s international division and streamlined the label structure according to the New York Times article. After enduring layoffs and instability in Jive and Arista, Morris also has hired Antonio “LA” Reid to upgrade the now independent Epic removing it from under Columbia Records. “In each company that I’ve gone to run, that’s always been the same question,” Mr. Morris told the New York Times. “And each company has gone to be the No. 1 company and the most innovative company. And I think the reason I’m never getting the credit for this is because I’m the oldest guy.” While some feel things are improving at Sony Entertainment and the music division of the company, Sony Corporation announced expected losses of $1.2 billion this year. “Our core focus still needs to be developing hits,” he said. “That’s the only constant amidst all the change. So if you don’t get that right, it doesn’t matter how revolutionary the distribution model is or how many revenue streams you have. You still have to have the hits.”