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Jay-Z, Beyonce Parents Of Blue Ivy Carter

(AllHipHop News) Rapper/mogul Jay-Z and his wife Beyonce Knowles are the proud parents of a baby girl.

The couple welcomed Blue Ivy Carter at Lenox Hill Hospital early this morning in New York.

According to reports, Beyoncé checked in on Friday (January 8) under the name in for “Ingrid Jackson.”

The pair rented out the fourth floor of the house for a whopping $1.3 million.

Security guards patrolled the hospital and locked the entire wing down, prompting some doctors to complain that they could not see their patients.

Although there was some confusion around the child’s name, close friend Gwyneth Paltrow tweeted that the baby’s name is “Blue Ivy.”

Hip-Hop Rumors: BEYONCE & JAY-Z’S BABY GIRL BORN?!!!

FINALLY!!!! The moment a whole lot of the world has been waiting for! According to multiple sources, Beyonce went into labor last night (January 7) and had a healthy baby girl, after the New York Daily News report that Jay-Z rented out an entire 4th floor wing of Lennox Hill Hospital on New York’s Upper East Side. (And we’re hearing he paid a cool $1 million plus for that!!)

Close family friend Rihanna had this to say just a short while ago on Twitter:

We’re also hearing reports that her name is Ivy Blue Carter.

Congratulations are in order for the Carter and Knowles families!! That’s gonna be one talented and rich little girl!!!

Kid Frost Launches $150 Million Fund For Hip-Hop Content

(AllHipHop News) Rapper Frost (aka Kid Frost) is heading up a new Hip-Hop Company that has secured over $150 million to fund production for movies and television programs in 2012.

X-Change has teamed with Frost’s Old West Entertainment to produce and distribute a slate of about 15-20 feature films in the $3-million to $15-million budget range.

According to Frost, born Arturo Molina Jr., Old West is a rising Hip-Hop conglomerate that develops music, television shows and movies.

“The thing that keeps my name in people’s mouths is that I keep reinventing myself,” Frost told AllHipHop.com. “I don’t just keep on making the same music.”

The company, which also specializes in talent management, production, and finance organization, also plans on representing high-profile directors, producers, writers, and entertainment companies.

The new company plans to distribute a slate of 15-20 feature films in the $3-million to $15-million budget range.

Rumor: Mayweather Gets a “Get Out Of Jail Free” Card to Fight Pacquiao?!

Floyd Mayweather just got an official “get out of jail free” card so that he can fight an “unnamed” opponent on Cinco De Mayo in Las Vegas. This fight is reported to rake in more than $100 million for the Vegas economy and will take place at the MGM Grand Garden Arena! This has to be the anticipated Mayweather/ Manny Pacquiao boxing fans everywhere have been getting on their knees at night and praying for.

Mayweather was supposed to turn himself in yesterday to begin his 90-day jail sentence for domestic violence; however, Justice of the Peace Melissa Saragosa has ruled to allow Mayweather to begin his 90-day stint on June 1 so he can fight and so Vegas can rake in that dough. This judge must be a huge boxing fan, or maybe she doesn’t think attacking your ex-girlfriend, while your two kids watch, is a serious enough offense.

In true Money Mayweather fashion, the fighter came to the court with his washed-up celebrity friends, including former rap star and plastic surgery victim Lil’ Kim and former p### star, I mean R&B artist, Ray J.

Get ready for the biggest fight of the year on May 5th – Mayweather Vs. Pacquiao is my best guess. If not Pacquiao, who do you think Mayweather will be jousting with?

Hip-Hop Rumors: Lil Kim Fans P##### Over Album Delay!

Listen, I have been accused of hating Lil’ Kim. Not sure where that came from, but its not the case. I am anxiously awaiting her music that has no ties to beef or Nicki. But, recently, her album was apparently delayed due to the looming jail time. Well, her fans went in on twitter and they are not pleased with this delay. Here are some of the tweets.

 

@LilKimWorldWide :It’s been 7 years and they still making up excuses. Enough is enough we want music. Nobody’s mad because she’s supporting Floyd, we’re mad because she hasn’t said sh*t#PriceOfLoyalty

 

@ihate2minaj: Im no longer slaying any member of team minaj for lil kim. Im done looking like a damn fool!!!”

 

@MrRide4Kim:Anybody saying that Kim Doesn’t Need To Release anything Right Now is More delusional Than Foxy Brown. Kim Needs To drop something NOW.

 

MrSoFlawless :You tramps gotta understand, Kim ain’t had an album since 2005! So you DAMN right we have every right to be MAD!!!

 

There are quite a few more of these types of tweets, but you get the idea!

 

Kim has not tweeted in the year 2012 so we don’t know what she is thinking.

Hip-Hop Rumors: Trina Snags Another Baller?!

Eat your heart out Kenyon Martin! Trina has reeled in another baller! Hip-hop’s “diamond princess” has reportedly found love with Oklahoma Thunder star, James Harden. She sure does like those hoop stars, doesn’t she?

The two have been professing their love for each other over Twitter, and when asked by a fan which female celebrity he would marry, Harden answered Trina! Trina responded by retweeting, along with saying “holds out ring finger.” That sounds like an accepted proposal to me! Check out the tweets below:

Trina went from Lil’ Wayne, to Kenyon Martin, and in early 2011, she was linked to L.A. Laker Andrew Bynum, who was reportedly so smitten with her, dude bought her a Lambo!

Trina has dated so many ballers, she should teach a class on it! No hate, though – good for Trina. After all, she is “the baddest b*itch!”