If his name sounds familiar, it's because it is. I guarentee you have heard of him, even if you don't realize it. Give up yet?

Illin for revenues, Rayful Edmonds like, channel 7 news....

I touched briefly on him during my 'Can I live" breakdown; but this guy deserves his own spotlight. So i had to dig up a Don Diva exclusive from a few years back....enjoy.

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It's called Shark Tank....and yes its a reality show but not how your thinking. It's even hip hop since one of the "sharks" AKA venture capitalists is the guy who caked off of FUBU. This show will tug at your heart, and really inspire the entrepreneur in you. Give it a try...if you like the first part....the next 4 parts are posted after the jump. 

In 1996 the band R.E.M. re-signed with Warner Bros. Records for a reported $80 million, the largest recording contract in history at that point.

The new music you are writing is resonating with the audience. Things are all heading in the right direction, and you're ready to take it to the next level -- you want a recording contract. Visions of huge record labels dance in your head... A&M Records, Capitol Records, Elektra... But, how much do you really know about that part of the business? What does a recording contract look like? What happens after you sign one? How much money will you actually make?

In this article, you will have a chance to explore some of the basic features of any big-label recording deal. What you will learn may come as a bit of a surprise. The typical recording contract may not be the envisioned whipped cream on your life sundae. In fact, some of the biggest names in the business have been loudly complaining in recent years. Let's see why that is.

More after the jump...

In hip hop...there is so much bragging of riches going on....and so many rappers shittin on other rappers because of their poor finances. I'm sure the thought of how royalties work has crossed your mind...so i bring you an in depth breakdown after the jump...