Master p files for bankruptcy
Miller filed for divorce in and was finalized in Unfortunately, the divorce was highly publicized, and things got ugly for the couple. Master P was accused by this former wife of infidelity and said that she gave up her music career to take care of their kids.
Sonya alleged that her ex husband had been unfaithful to her throughout their marriage. She also claimed that she had given up her promising music career in order to raise their brood of seven children. Master P responded to the rumors and confirmed they were false. People must be bored and have no life to entertain this false accusation. She co-founded the record label with her husband but did not get credit for it. Master P went on the show and alleged that his former wife had a drug issue that was wrecking his family.
The Migos have struggled with this in their solo careers. Many of their projects have long track listings to perform well on streaming platforms and playlists. The Migos would get more long-term benefit from a proper promotion cycle that builds momentum and uniquely positions each rapper.
A lot has changed in the music industry since No Limit was a true family business. This kept talent acquisition costs down, but it also heightened challenges when conflicts occurred. The producers were hesitant to move forward, which frustrated Master P. Internal conflict can happen in any business, but family businesses are more susceptible to long-term damage. The production catalog might not capture the iconic sound that a single producer brings to a label, but the business is better prepared for future changes.
He negotiated very well. In , he agreed to an distribution deal with Priority Records where No Limit kept ownership of all its masters. Birdman signed a similarly favorable distribution deal for Cash Money Records with Universal in These stories are more relevant than ever today. Unfortunately, revisionists have clouded the reality.
Most of you never heard of Ant-Man until the movie trailer came out. No Limit also had a strong brand engine, but could only go so far with the product it pushed. Just because an artist or label is not trying to win a Pulitzer like Kendrick Lamar or get in the Library of Congress like Jay Z does not mean he or she can get by on marketing alone, especially today.
A little hip-hop nostalgia is fine. He leveraged his fast-rising popularity to sign several deals with major record companies at the time.
Instead, he expanded his empire by investing in various side hustles. Some of those include a sports management company, a real estate firm, a travel agency, a clothing line, a phone sex business, a film studio, and a videogame company. However, he invested the amount in his first record store, a move that he never regretted. Have a finger in every pie Though he is mostly remembered as a rapper, Master P has since diversified into several other businesses.
At some point, he even tried to push his luck in basketball and professional wrestling. You have to go to church and you have to go see some doctors.
Some people have to be good. Master P may not be releasing albums anymore. But he has left his mark in the rap industry.
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