Steve Stoute On Makin' Money Outside The Music Industry
Thursday, August 06 2009 6:04 AM EST | Posted by: YN | Posted in: Focus“You can take something and you can sell all the things around it.”
At a Planet Hip-Hop Wall Street Journal panel, Nas’ former manager and one of Jay-Z’s current biz partners, Steve “The Commissioner” Stoute recalls how signin’ the Fresh Prince and the ridiculous success of Men In Black showed him the unlimited potential to make scrilla outside the record business. Ray-Ban got fat while everybody starved. Ha!
Props: Real Talk NY





Who are you and what have you done with Guru? Seriously, we go from the emotional rollercoaster ride of thinkin' we're gonna lose one of the game's greatest MCs to some sick pathetic soap opera involving a man of no blood or kin relation denying family members the right to see their loved one. Now yes Keith Elam may not wanna reconcile with folks he hasn't been on good terms with for the past seven years but that's his decision not yours. From the outside lookin' in, you seem really shady. And if Guru's nephew claim is true that you signed documents as Keith Elam's brother and your wife as his sister than that's just plain alarming. An abuse of power. Releasing statements to websites and official Twitter accounts in Guru's name when he doesn't appear to be able to speak on his own behalf is also misleading and completely wrong. Be clear: At this point the only thing relevant and important is the status of Guru's health. Nobody gives a fuck about you or 7 Grand. Guru's legacy is Gang Starr. DJ Premier and Guru made classics. You and Guru make crap. And you should get slapped for meddling in family business.
I'm not dissin' but you shoulda stayed missing. Everybody in the club get tipsy. Nobody in the club remember your name. Damn shame.
Sales of pink suits went up 257% after the release of Nas’ “Street Dreams” music video. Unfortunately, at the time Stoute’s attention was focused solely on signing Cormega to a bad record deal, and he missed out on a once in a lifetime opportunity to market a line of Escobar Suits™ to the hood.