Saturday, 20 February 2010
MissInfo Exclusive: Def Jam signs Shyne Po to a 7-figure deal
Here’s the scoop:
Multiple sources have confirmed to me that Shyne Po has signed a 7-figure deal with Def Jam.*
This ends a bidding war that had industry bigwigs vying for Shyne’s attention, flying to Belize, calling and courting, ever since the Brooklyn emcee was released from prison and deported to Belize back in October.
For Shyne to turn down hard-court pressure from Jimmy Iovine/Dr.Dre and others and instead join LA Reid back at his last known recording-residence actually seems like an inevitable move….because I’ve been hearing that Shyne has been pow-wowing with veteran manager Kyambo “HipHop” Joshua for a while now. Joshua and his HipHopSince1978 partners, Gee Roberson, also manage Lil Wayne, Drake, Young Jeezy and more. Meanwhile, my old friend Al Branch is both a partner in HipHopSince1978 and a high-level exec at Def Jam…see how that works? Synergy! Now there have been recent reports of new label-wide pressures, but with this team in place, Shyne is in good hands.
As for the logistics, the plan is for Shyne to work out of London, it’s a buzzing hip hop hub with all the necessary facilities. Oh, and about that first verse which appeared on an early DJ Khaled album leak (and is allegedly scratched from the final tracklisting)…I’m hearing that Shyne didn’t intend that verse to be his first look. After nearly a decade inside, he’s allowed a little time to figure out what direction he’ll take.
When Miss Info drops an exclusive like this, I believe her, hence the name, am looking forward to new music from Shyne, I was still rockin with his last two albums while he was incarcerated, wonder what Puffs views are on the deal, also why would he go Interscope when Badboy has moved over there...Jimmy Iovine chill out!!! Shyne make that money...7 figures..God Damn (no blasphemy)