Source Founder Dave Mays Files For Bankruptcy Protection, Majority Stake In Mag To Hit Auction Block

The Source Magazine’s founder and former CEO Dave Mays has filed for bankruptcy protection, temporarily halting an auction sale of his stock in the Hip-Hop publication. The auction of his share was halted for a second time in light of Mays’ declaration of bankruptcy yesterday morning (May 4). Mays lost control of the magazine after […]

Time Magazine Recognizes Sean “Diddy” Combs As One Of 100 Most Influential People

Music mogul and renaissance man Sean “Diddy” Combs was recently named one of Time Magazine’s 100 Most Influential People. Combs, who was hailed by the magazine as a “Builder & Titan,” was bestowed the honor for his contributions in taking the Hip-Hop urban culture mainstream in the areas of music and fashion. The multimedia magnate, […]

Field Mob Denies Dissing NY Rappers, Says Video Is Fabricated

Atlanta rap duo Field Mob has addressed the rumors regarding comments they made about New York rappers on Raw Report DVD Magazine’s “Platinum Plus Series: Ludacris Presents Disturbing the Peace.” In the footage circulating the Internet, two portions of what is a full-length DVD were integrated to create a fabricated controversy, according Field Mob’s label […]