Xzibit: New CEO Prepares Releases


who is participating in the Anger Management tour with Limp

Bizkit and Eminem, is in the final negotiating stages with Loud

Records for his own imprint, Open Bar Entertainment.

The deal, which

is expected to be closed in a matter of weeks, will see Loud

handling the financing of videos and recordings as well as providing

marketing, distribution and promotion. Open Bar will start off

with a small roster. "We

do hip-hop music. We only got two acts, very small, very tight,

very compact -- Golden State, which is myself, Ras Kass and

Saafir, and then we got Defari, and we're just gonna run with

that. Even though it sounds pretty tight, it's still a lot of

work" Xzibit explained.

Xzibit also got

some help last week with a list of Hip-Hop celebrities, who

showed up to do cameos for his new video and single "X".

The video, which was shot at the Los Angeles Coliseum features

cameos from Method Man, The Rza, Snoop, Warren G. Nate Dogg,

Ghostface, Master P., MC Ren and others.

Xzibit will release

The Restless LP on December 12th on Loud Records.