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Damon dash12/14/2022 ![]() ![]() It doesn’t clarify Dash’s one-third ownership percentage and can easily be interpreted as full ownership. To be fair, I can see why Roc-a-Fella lawyers pushed back on that language. “SuperFarm is proud to announce, in collaboration with Damon Dash, the auction of Damon’s ownership of the copyright to Jay Z’s first album, Reasonable Doubt…The newly minted NFT will provide ownership of the copyright, transferring the rights to all future revenue generated by the album from Damon Dash to the auction winner.” It did not include any music ownershipĪccording to Rolling Stone, the announcement said: – Jay Z’s Reasonable Doubt NFT was a sale of Derrick Adams’ artwork. – In March 2021, Dame says Jay offered to buy Dame’s ownership share, but Dame turned down the offer because it was lower than he wanted – The lawsuit claims that Dame’s NFT announcement implied that he was the sole owner of Reasonable Doubt’s copyright He wants to sell his one-third ownership share of Roc-a-Fella as NFT – Dame does not want to sell the entire Reasonable Doubt album as an NFT. No one stakeholder can sell the whole album or the record label’s assets Jay, Dame, and Kareem ‘Biggs’ Burke each own one-third. Reasonable Doubt is owned by Roc-a-Fella Records (RAF Inc.) This case has all the salacious Jay Z – Dame Dash drama hip-hop lives for, but let’s get the facts straight: Three days later, on RD’s 25th anniversary, Jay Z and artist Derrick Adams collaborated to auction NFT artwork for the classic album. You may have to select a menu option or click a button.On June 22, a New York judge ruled in favor of Jay Z to stop ex-Roc-a-Fella Records CEO Damon Dash from selling an NFT related to Reasonable Doubt and his 1/3 ownership of the record label.
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