Blind Items Revealed #32
October 5, 2016
This A+ list singer lives large. How often do we see photos of her all over the world. Traveling in a private jet on seemingly a perfect vacation. She never wears the same clothes twice and her husband must make as much money as her too right? She is beyond wealthy. That is the image, but not the reality. Our A+ lister recently decided to invest in a company. She made a big deal about it. The problem for her is that it required an actual cash outlay and was not something that could be charged. She had the money, but it was a close call. How did it get like this?
back in the day when she was first hitting it big, she had good management. They kept her expenses low and the income high. Times were really good. Then, her management changed. What was just her money now became the money of her and her manager for all of his ideas to rule the world. The problem is most of his ideas have not turned out so great. It probably wouldn’t be that big of a deal if he had not put their money into the deals and used more money from outside investors. High risk and high reward. He didn’t want to share. Meanwhile, our A+ lister started stepping up her spending game at the same time her record and tour sales started declining.
What to do? Basically the couple run a tab and charge everything to the record company. They have sold off a lot of their future royalties because they didn’t have enough cash to cover the bill when the record company comes calling. They also have sold off the future royalties of some of the artists they control.
They had to sell property to pay off some investors and to keep his latest business afloat. They went from owning a really expensive property to leasing something not all that great compared to it. They made a bs offer on a house to make it look like they were moving up, but they could never provide proof of funds which is why they lost out. They didn’t have enough money.
Over the past six months, the monthly allowance our A+ lister has been forced to live on has been reduced. the clothes have been downgraded a couple of levels and the household expenses have been cut in half. The big investment he made he needs to get out of but can’t because the entire house of cards would come tumbling down and bankruptcy, both professionally and personally would have to occur. It would destroy their whole brand and image so they keep trying to make it work, but short of winning some type of lottery either of the real variety or some singer breaking out like Adele, it just isn’t going to happen.
Beyonce/Jay-Z
Poor Beyoncé has to hit the clearance rack at Bergdorf Goodman's cry me a river
ReplyDeleteDon't forget JayZ is also in a business representing athletes and other stars now. so he has to show he's solvent to stay accredited there. He'll just keep closer tabs on the drug dealers he has to get them to step up. Tidal is a disaster.
ReplyDeleteYou mean House of Derriere isn't making them billions?
ReplyDeleteRight...zzzzzzz no one cares and we saw this 10 miles away
ReplyDeleterecords DO NOT make artists money so why would she want to be like adele. She just made 200 plus million on a 49 show tour and there has been no article of them selling property. Sounds like kim and dumye if you ask me.
ReplyDeleteThat;s what happens to Narcissists eventually with their monies, and he is one.
ReplyDeleteKarma. Maybe Black lives matter can put you up in a squat.
ReplyDeleteLife comes full circle Jay Z
ReplyDeleteRich people poor is very different from real world poor.
ReplyDeleteHm, some parts match and some don't. Sounds like a reach. She just got off of one of the most lucrative tours in history and despite her father's messiness.....well, I guess we'll see.
ReplyDeleteBeyonce's tour just grossed over 250 million. Her sales are down, but everybody's are down and her most recent album was one of the highest selling albums of the year. Plus she owns her own management company (Parkwood Entertainment) and is credited on a majority of her songs.
ReplyDeleteI call BS to this.
There may be some truth to this. It just seems like she is putting out an album every year and touring non-stop. Also, Jay-Z is always trying to get into one risky venture after another.
ReplyDeleteWell, maybe her father did have things in better order than she thought.
It is not true that there have been no articles about them selling property. All you have to do is go to Google and look. Indian Creek Village was one of their selloffs. Seems like they rent more these days.
ReplyDeleteGo fuck yourself
ReplyDeleteActually they have sold property and are renting the house in LA, which is a smaller house than what they had before.
ReplyDeleteAlso, this has nothing to do with BLM, so go away troll. Go back to Strom Front.
ReplyDeleteThe real reason Beyonce hates Kim so much … she jelly of that reality ho money and Kim's cold but sensible refusal to combine finances with her husband (as described in other blinds here).
ReplyDeleteYup, touring. How major acts make their real money. Why kanye was an utter idiot for destroying his greatest income stream. How swift made $20m+ for one concert in texas this year. Stupid is as stupid does.
ReplyDeleteHere is the fake house offer bid they put in and never went to escrow....http://variety.com/2016/dirt/real-estalker/beyonce-rumor-jay-z-to-buy-los-angeles-mansion-holmby-hills-1201798178/
ReplyDeleteI hope they sell that TriBeCa apartment soon, don't think they can afford NYC as much anymore.
ReplyDeleteThe minute Beyonce began insulting her fans, which are predominantly white, with her faux anti-racist nonsense, her career was doomed. It's fine to take a stand, but not like she did. And why she's so angry is unknown. It's not like she grew up in the projects, and she never lifts a finger for those black lives beyond her ridiculous nonsense.
ReplyDeleteHopefully this is the start of her going away, like as far away from the industry she and her miserable sister can get
ReplyDeletehere's a brief history
ReplyDeletehttp://www.complex.com/style/2014/02/jay-z-beyonce-real-estate/jay-zs-loft-195-hudston-street
Cry us a f*cking river. We could care less.
ReplyDeleteYeah, allegedly they are going to be selling that NYC place soon.
ReplyDeleteBeyonce is black.... she has a right to like herself. No one says anything about Taylor Swift or idiot Miley Cyrus when they reach back to their hillbilly roots.
ReplyDeletespit out my dinner!
ReplyDeleteshe insults her fans by being pro black..then thank God they left her fandom....IDIOTS!! why can't a fucking black performer regardless of her life show empathy and compassion for others in her race? actually why can't alot of others show compassion, perspective or just allow others to live their lives instead of telling them how they hell they should deal with shit that they have NO FUCKING IDEA ABOUT! And yeah ZIP!! my ass is MAD!!!!
ReplyDeleteWhat actually annoys me most about Beyonce is this female empowerment BS and then releasing a track that celebrates rape and domestic violence. Fuckin idiot. After Drunk in Love I simply don't think she's relevant any longer.
ReplyDelete