James Murdoch Carves Out $1B From Family Fortune To Start Another Strangely Impressive Rap Label
CLANCY OVERELL | Editor | CONTACT
After several decades out of the game, one of the world’s most succesful hip hop magnates is back!
James Murdoch, founder and owner of the early 1990s New York rap label Rawkus Records, can now return to his first true love.
This comes as the Murdoch family finally settles the legal dispute over control of the their media mogul father’s multibillion dollar news publishing empire.
The agreement resolves litigation after James Murdoch and his sisters had contested their father Rupert Murdoch’s effort to install his more conservative son Lachlan as successor, as a reward for his hard work creating both Brexit and President Trump.
Today a Nevada court has ruled that Lachlan Murdoch will indeed take the reins of the NewsCorp and Fox News, but under a new agreement that sees Prudence MacLeod, Elisabeth Murdoch and James Murdoch dividing a cash settlement of $3.3 billion.
The less right-wing siblings will wash their hands of the family business, with the sisters now likely to channel their inheritance into fighting the imminent threat of climate change – in an attempt to undo their father’s 30-year media campaign to generate climate denialism.
Questions have long swirled around what James Murdoch planned to do if he was succesful in carving out his own share of the family fortune.
Today, it can be revealed that he going straight back to square one as a hip hop pioneer – and will return to the studio.
Rawkus Records, which was founded by James Murdoch and several friends from college in 1995, is responsible for launching the careers of some of the world’s most famous rappers.
Including but not limited to, Mos Def and Talib Kweli, Common, Pharoahe Monch, and the late New York rapper Big L.
James Murdoch is also credited with discovering and recording the first track featuring a little known white boy from Detroit, who rapped under the alias ‘Eminem’ – before he was eventually signed by Dr Dre’s Aftermath.
While few will acknowledge that the artform of hip hop has an Australian man from Sydney’s Bellevue Hill to thank for it’s golden age – it is hoped that James Murdoch will finally get his flowers in his second coming as a strangely successful rap music magnate with the best ears in the business.
