Music impresario Damon Dash has dismissed rumors circulating that his Damon Dash Music Group (DDMG) is on the verge of parting ways with Def Jam amid financial instability and low record sales.

“That whole report was bulls**t,” Dash told AllHipHop.com of a New York Post article that sparked speculation. “There wasn’t no truth to any part of that manure. There wasn’t a quote from us or Universal. It was so dumb it was hard for me to reply to it.”

The former Roc-A-Fella Records CEO also denied speculation that he demanded an executive position directly with Universal, as opposed to his current deal set in place. Dash said there weren’t any complications between himself and the label over money or the direction of the DDMG.

“It sounds like somebody leaked some stupid s**t,” he explained. “And somebody chose to write about it without any facts.”

Dash continues to manage several post-Roc projects, including Beanie Sigel’s album The B.Coming and Ol’ Dirty Bastard’s A Son: Unique. In addition, he revealed M.O.P. is still on his roster of artists and that the rowdy Brooklyn crew hasn’t signed to the 50 Cent-helmed G-Unit Records, as originally believed.

“That’s another rumor,” said Dash of M.O.P. leaving DDMG. The mogul’s assertion counters published comments from M.O.P. manager Laze E. Laze and a new song with 50 Cent and M.O.P., "Big Boy Game," is in circulation on the internet and streets. Still, no contractual information has been revealed by either party.

The self-proclaimed “Cake-a-holic” has appeared in the press regularly as of late, as Dash has had to promote The B.Coming in place of the incarcerated rapper and A Son:Unique for the late ODB. But the entrepreneur isn’t worried about wearing out his welcoming with the media.

“What I’m doing for Beanie ain’t about a dollar figure,” he said. “It’s the responsibility you do for a crew member. I’d do that for my family and my brother.”

Dash expects ODB’s album to be released this summer, and plans for the lead video, “Don’t Go Breaking My Heart,” featuring Macy Gray, are on under way. Until then, the Harlem hustler intends to let his company’s results speak for themselves.

“Look at how things are when I’m there,” Dash said. “And then you look at things when I’m not there. Just compare the things. And that’s the reality of things.”


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Despite the statement from Dame, after weeks of speculations, word is M.O.P. is close to signing with G-Unit Records. A source close to the deal recently told SOHH.com that the First Family was currently finalizing the details of the contract. The deal comes shortly after the Brownsville brawlers left the Damon Dash Music Group and passed on an offer to ink with Jay-Z's new Roc-A-Fella. Recently, reports had spread that Billy Danze and Lil' Fame skipped on The Roc because of the Dame and Jay split. In a recent press release, a M.O.P. insider bigged up Dame, stating that "he stands by his friends." Hovie was not mentioned in the statement.

The release also mentioned 50 Cent and the blossoming relationship between the two NYC teams. According to the source, 50 approached the BK emcees and has been courting them for months to join the G-Unit stable. The source also told SOHH.com that 50 has been a stand up dude since negotiations began between the two camps. Word is Fiddy took off his platinum and diamond-studded watch and gave it to First Family member Foxx during her birthday bash last week. New material featuring G-Unit and M.O.P. is expected to hit the streets any minute.

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Earlier this year, SOHH.com reported that Diddy had enlisted Common, Talib Kweli and Kanye West to boost the political content on his next album. Now, SOHH.com has learned that Pharoahe Monch is also penning lyrics for Puff. Furthermore, word is Monch has reinvented himself and is coming with stellar material on his new project. "People, they need to hear that new ni99a. I believe that Common is good at reinventing himself on record. [Talib] Kweli and Mos Def, I respect them dudes, but I think they album wasn't what everybody expected," Denaun Porter, who is in the process of signing Monch to his Runyon Ave. imprint, told SOHH.com. "He's totally in control of what he's doing. He's more confident than ever. It's like he a young dude. Right now he's working with Puffy. He's writing for Puff and sh!t."

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After a four-year absence, reports began spreading that Redman was finally returning with his sixth album, Red Gone Wild. It appears that the elongated hiatus was caused by disagreements between Red and Def Jam. On "Number One" off last year's Ill At Will Vol. 1, Funk Doc even charged, "Def Jam lost their soul/ They forgot how to build an artist/ So I gotta show em." While details on his new CD are still obscure, Timbaland revealed that he produced a bomb for Red's next LP in Scratch Magazine's current July/August issue. Now just when ads have begun to surface for the July 19th release, a Def Jam source has told SOHH.com that Red's record won't drop this summer as initially expected. The rep wouldn't elaborate on the CD's postponement, but was certain it wouldn't hit the streets as planned.

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