So far people have been raving about Janet’s new track and video. Me… I think they are both just ok….
A XXL Magazine insider has reportedly disclosed to mediatakeout.com, the real reason why long standing Editor-In-Chief, Elliott Wilson, was ordered to clear his desk yesterday and was escorted out of the building by security.
“According to the insider XXL Magazine’s newsstand sales and subscriptions were down dramatically in 2007, and ad sales grew slower than expected.But the insider claims that the problems with the magazine had little to do with Elliot’s management. “They made him a scapegoat for the problems of the industry. Every magazine is losing ad dollars because of the troubled music industry, and XXL’s readership was better than most of the other magazines in the genre.”
Why does he still bother? no seriously why?
Rumour has it that Def Jam is millions of dollars in debt.
MahoganyGirl.com reports, that sources say the label is almost 100 million dollars in debt and is in desperate need of a huge selling record.