Wednesday, November 02, 2005

From Radar Mag - the new Source and apparent financial probs


thesource-inside
Originally uploaded by hattie collins.
Radar mag - radarmagazine.com - has this story online at the mo - mo money (mo) problems for the Source apparently. And more controversy with their new issue, which continues to take jabs at 50 Cent. There's also an expose on radio station payola, which Hot 97 is said to be pissed about. Now although I haven't read this, I can't help but think that it's good the Source are at least addressing pertinent issues. However, given their editorial staff is not even a tenth as good as it was once, no doubt the features will be as informative as the one on Jimmy Iovine and The Game recently - ie not very at all. Check it out for yourself tho I gues,s if you can be arsed...Anyway, here's Radar's report..

For months, staffers and visitors to the West 23rd Street offices of hip-hop bible The Source have had to step gingerly through a construction site. Now, it appears that the mag, whose masthead mingles in the same elevator as Radar’s, situated a few floors above, is having trouble coming up with the rent—reportedly overdue to the tune of $156,000. All in all, it’s been rough going lately for our friends downstairs; last Wednesday, Source Editor-in-Chief Dasun Allah turned himself in to police after he was caught tagging a Jehovah’s Witness Assembly Hall in Harlem. But even more troubling to the monthly’s loyalists must be seeing November cover-target G-Unit’s fashion label open up posh new offices in the same building. Produced in partnership with Marc Ecko’s Ecko Unlimited street-style empire, the outfit’s sleek headquarters are chock full of chrome, black leather Barcelona chairs and flat-screen TVs.

The temperature in the building has dropped noticeably since the latest issue of The Source hit stands with a cover story headlined “G-Unot!”—a shout-out to 50-Cent rival The Game’s t-shirt campaign that, according to the mag, is burning up the streets of Queens. A no-holds-barred attack on 50, his rhyming crew, and the “plantation owners” at Interscope, the article claims that “corporate rap’s top unit” is “fading fast.”

A rep for The Source did not return calls for comment, and a spokeswoman for G-Unit declined to discuss the article or our fellow neighbors.

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