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ROC-A-FELLA Sues Damon Dash ... TO STOP NFT SALE OF 'REASONABLE DOUBT'

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ROC-A-FELLA Sues Damon Dash...TO STOP NFT SALE OF 'REASONABLE DOUBT'

Roc-A-Fella is knocking Damon Dash's hustle ... the record company is suing one of its own founders in a first-of-its-kind lawsuit, claiming Dash is trying to auction off one of Jay-Z's debut albums as an NFT.

The record company is going after Damon for allegedly trying to mint "Reasonable Doubt" as a non-fungible token (known as an NFT) and auction it off to the highest bidder ... a piece of hip-hop history RAF says is not Dame's to sell, because the company owns it.

According to the docs -- filed by powerhouse attorney Alex Spiro -- Damon planned to sell the album as an NFT at a since-canceled auction, but the company is worried DD will just try to find another platform to hold the auction.

In the suit, RAF claims Damon is "frantically scouting for another venue to make the sale" and believes DD is still looking to cash in ASAP on the recent NFT craze.

RAF's asking a court to step in and stop Damon from going through with the auction and it wants Dash to turn over any NFTs of "Reasonable Doubt" he may have already minted.

We reached out to Damon ... so far, no word back.

www.tmz.com

Roc-A-Fella Sues Damon Dash Over 'Reasonable Doubt' NFT

Roc-A-Fella Records is suing Damon Dash over a "Reasonable Doubt" NFT.
www.tmz.com www.tmz.com
 
Dame owns the rights in whole, with Biggs, i believe and I don't think there's any precedent that doesn't favor the rights holder. In the era of blockbuster deals for rights and catalog, this sale is a big deal.
 
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xfactor said:
Dash is savvy enough to get around this and sell it. Jay-Z is another frontman that is out earned by his wife and is mad he couldn’t be more than a puppet.
What are income numbers on the two of them separately?

:smh: how much did he lose in that Spotify deal? Props to Dash for cashing in on the NFT trend.
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xfactor said:
Dash is savvy enough to get around this and sell it. Jay-Z is another frontman that is out earned by his wife and is mad he couldn’t be more than a puppet.

:smh: how much did he lose in that Spotify deal? Props to Dash for cashing in on the NFT trend.
VAiz4hustlaz said:
Because he took the money and he flipped it!:lol:

Seriously, I guess it’s the perception that he stood up to the-powers-that-be in the music industry - Lyon Cohen, et al.
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Yea he didn't ride whitey dick like Jay does
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xfactor said:
Dash is savvy enough to get around this and sell it. Jay-Z is another frontman that is out earned by his wife and is mad he couldn’t be more than a puppet.

:smh: how much did he lose in that Spotify deal? Props to Dash for cashing in on the NFT trend.
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What in the world are you talking about

Selling something that he doesn't own? That's like someone trying to sell your car.

Chills said:
Dame owns the rights in whole, with Biggs, i believe and I don't think there's any precedent that doesn't favor the rights holder. In the era of blockbuster deals for rights and catalog, this sale is a big deal.
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I think it's Dame, Jay, Biggs and Priority/EMI
 
I remember reading an interview some time ago with where he stated that he attempted to trade ownership of all his other records done while with Dame/Biggs at Rocafella to them in exchange for total ownership of Reasonable Doubt even though it sold the least out of all since it was his "baby" and they refused which I thought was crazy.
 
OutlawR.O.C. said:
I remember reading an interview some time ago with where he stated that he attempted to trade ownership of all his other records done while with Dame/Biggs at Rocafella to them in exchange for total ownership of Reasonable Doubt even though it sold the least out of all since it was his "baby" and they refused which I thought was crazy.
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When you petty that's what you do
 
OutlawR.O.C. said:
I remember reading an interview some time ago with where he stated that he attempted to trade ownership of all his other records done while with Dame/Biggs at Rocafella to them in exchange for total ownership of Reasonable Doubt even though it sold the least out of all since it was his "baby" and they refused which I thought was crazy.
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Doesn't sound like a good deal to me lol
 
largebillsonlyplease said:
Good luck selling it

It better just be a graphic and not anything physical
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he could sell a personally owned physical vinyl or CD along with single issue audio file as an NFT

under current law it should be no different than me selling an autographed CD or limited run vinyl

but
if he is trying to auction a new unique reissue or special edition?
or only selling RD as an audio NFT?
fuhgeddaboudit

...there is not enough information in op's post
 
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jasonblacc said:
It would be great deal for Dame. If he took that deal back in 05 when it was offered he could’ve turned around and sold it back to Jay when he acquired tidal for probably 250 mill.
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no he couldn't

J can't offer to sell / trade what he never owned

best he could do was offer his points / %
 
N*E*R*D said:
Doesn't sound like a good deal to me lol
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It wasn't for Jay-Z which was his point.

Dame would have profited significantly more from that deal but IMO refused it to spite Jay.

Same with Biggs who at the time this was going on also appeared to have an issue with Jay and was still close with Dame.
 
ViCiouS said:
he could sell a personally owned physical vinyl or CD along with single issue audio file as an NFT

under current law it should be no different than me selling an autographed CD or limited run vinyl

but
if he is trying to auction a new unique reissue or special edition?
or only selling RD as an audio NFT?
fuhgeddaboudit

...there is not enough information in op's post
Click to expand...

Agreed.

Either marketing trick to drive up the price

Or gtfoh
 
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allhiphop.com

Roc-A-Fella Lawyer Calls Co-Founder Damon Dash A Thief; Sues For Trying To Sell Jay-Z Classic As An NFT

Roc-A-Fella Records is suing Damon Dash - a co-founder of the label! Read on!
allhiphop.com allhiphop.com
 
Jay-Z isn't going to lose this one, Dame will just have to take this L and continue to spend his girlfriends money.
 

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