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Capitol Records Archives - AllHipHop

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Rapper Mims Speaks On Lawsuit Against Capitol Records Over 2007-08 Earnings

(AllHipHop News) “This is Why I’m Hot” hit maker Mims recently spoke to AllHipHop.com  about his long running lawsuit with former record label Capitol,  over his 2007-08 earnings. Mims claims to have made close to $15 million with the label on his first album run, mainly because of the #1 single “This Is Why I’m Hot,” which has sold over million copies and has been certified platinum. So, after having such a successful first run with his 2007 major label debut Music Is My Savior, we sat down with him to discuss why his follow-up album Guilt underperformed. Mims touched on coming into the game with a mainstream smash like “This is Why I’m Hot.” “I remember getting the record for ‘This is why I’m Hot’ and I said to myself  ‘Im so fed up with the way the music industry’s going that I’ma make a song to show them the state of Hip-Hop and where it’s at,” Mims told AllHipHop.com. “That’s why you get the line in the record ‘This Is Why I’m Hot’ : I don’t gotta rap/I could make a mil saying nothing on the track.’” Mims claims the lawsuit slowed down the momentum of his career, since Capitol Records allegedly owes the rapper more than 7 figures more than what he stated he had already earned from the single. “We made a good amount of money from 07-08. The problem is when the time to pay that money comes up,” Mims explained to AllHipHop.com. “My situation with Capitol was, and still is considered a JV [Joint Venture] deal, which means that after all expenses are paid you’re suppose to split the profits 50/50 with the company. What these companies like to do is inflate expenses and tuck away a lot of different money. Plain and simple. We talked about it away from the camera…it’s like stealing money from somebody.” Check out the exclusive interview with Mims below: [youtube=http://www.youtube.com/watch?v=gZzS3OkV4GA&w=560&h=315] Follow Mikey T The Movie Star on Twitter @MTMovieStar

Tito Lopez Signs to Capitol Records, Releases “Mama Proud” Video

(AllHipHop News) Up and coming Mississippi rapper Tito Lopez has signed a deal with Capitol Records. Lopez made the announcement via AllHipHop’s SXSW Breeding Ground Showcase at the #SXSWVibeHouse, explaining to fans that he had just signed a deal after years of hard work. “I’ve been making mixtapes for a long time, and ain’t none of them pop like that, so for everybody, AllHipHop, my man Steve Raze, my man Guru on the boards, everybody whose been showing me love, I just signed my first deal to Capitol Records. GPT is the squad, Clockwork Management!” Lopez exclaimed to SXSW attendees. In an interview with Cricket’s Muve Music – also at SXSW – Lopez explained how he got the deal with Capitol and what it took to take his music to the next level. “What got me a deal was living and breathing music, I don’t do it as a job. I would be in my bedroom and just cut on a beat and just vent, and normally they call those freestyles,” Lopez explained. “If my aunt passed away, I rap about that; if I lost my job, I rap about that. Those were just called the ‘Venting Sessions.’” Lopez recently released the visuals for his song, “Mama Proud,” an ode to his mother, featuring visuals of his hometown friends and family. [youtube http://www.youtube.com/watch?v=82FUOPdsVMo] [youtube http://www.youtube.com/watch?v=c8r1dWOjcI4]