hip hop music

December 3, 2003

Elroy! Elroy Cohen.. Gets the Gasface!

Here's AP with a lengthy profile of Lyor Cohen, and his legal troubles with (the former) Murder Inc.

Lawsuit is glimpse into world of rap mogul

After two decades of survival and success in the cutthroat music business, the world's pre-eminent white rap mogul found himself trapped in a place most horrific:

A witness stand. In a federal courthouse. Under oath.

"It's the nastiest, most negative place I've been in a very long time," said Lyor Cohen, head of the Island Def Jam Music Group, testifying in an ugly legal tussle over the platinum-selling rapper Ja Rule.

It only turned nastier for the 43-year-old music executive. He lost the lawsuit. The judge implied he was "morally reprehensible." And the jury found him personally liable for millions in punitive damages.

Trial evidence also revealed that Island Def Jam owned 50 percent of Ja Rule's record label, Murder Inc. Federal prosecutors are investigating Murder Inc. for alleged money laundering, raising questions about whether IDJ and its publicly owned parent companies, the Universal Music Group and Vivendi, are indirectly in business with one of New York's most infamous drug dealers.

The suit and federal probe are a rare dose of adversity in a mercurial 20-year rise for Cohen...

Posted by jsmooth995 at December 3, 2003 9:51 PM

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