While his former business partner Jay-Z’s ventures are flourishing, Damon Dash is still trying to gain proper footing in his new solo role. However, a recent breakdown of all of his businesses shows that everything isn’t all good for Dash.
Dash has not only halted production of his State Property sportswear line, but his new “CEO” clothing line hasn’t shown any major progress either. Couple that with his BET reality show “Ultimate Hustler” only airing for one season amidst lukewarm ratings, his films (State Property, & others) not making a dent in the box office, AND Damon Dash Music Group shutting down, you have his position as of now. According to Dash’s spokeswoman Amanda Silverman: “Music is not where the money is.”Damon’s wife has fared pretty well however, as her new designer line seems to be taking off, and she has even appeared on The Oprah Winfrey Show. His Pro-Keds line has also done considerable numbers, bringing in over 22 million in sales last year. “It’s not that easy to hit a home run every time,” said Izzy Ezrailson, a friend of Dash’s, who operates a chain of specialty stores.
Mr. Dash is by no means broke, but he HAS scaled down his luxurious ways a bit, opting to just fly commercial first class these days, as opposed to earlier years where he would private jet it nearly everywhere. This speaks volumes to the consequences of splitting with Jay, who recently sold the company they created together, Rocawear, to the Iconix Brand Group for $204 million while still sitting atop the hill as President of Def Jam.
Some predict that this is only temporary for Damon, and that he’ll be back on top in no time. “I think he’ll come back strong,” said Billy Rudnick, of the Dr. Jay’s retail chain, one outlet that is considering buying the CEO line, but waiting for Dash to make some needed changes, such as shrinking the logos “so they are not so in your face.” President of Damon Dash Enterprises, Marianna Tessler, says that things are moving along smoothly, explaining:”When you launch, you have to adapt, but there are no disappointments,” According to her, the CEO line isn’t going to make a serious profit until next years end, and his wife’s should be raking in some funds before then as well. Also, his Pro-Ked venture looks to continue to grow with the addition of apparel this year.
This new news solidifies that Dash may be down, but he’s not out yet.
















COMMENTS
1sttttt
Since when was it cool to say 1st? Anyway, I always root for the underdog so I hope Dame gets his shit 2gether
wow some where in a big ass office in the def jam buildin HOV is laughin his ass off i mean damn we always here Dame boastin bout all his money n now dat nigga has to switch for private to commercial first class damn! I guess we kno whos really ballin n whos not
dame still rich... nigga is eatin... but he gotta fly 1st class now... hahhhh... thats what happens when u make camron a VP behind jigga back
when you invest in the mighty dippity dip setters, youre bound to go broke. funny, nationwide aint on his side.
damn, jay got 294 mil off of rocawear...ain't that some shit
^ i meant 204 mil
Seriously though...what did he really expect to happen? Did he really think he'd be on top with his "horrible" business decisions. The best thing he did for himself was discover Jay (sort of).
I bet he has nightmares of the day he and Hov argued about him giving Cam that "position".
for the record...I never saw that CEO line...
~Be Eazy!
I never saw that CEO line either. Dame was that dude too. He had a), at least from what I seen (lot of loyalty for his fam. I miss the Dynasty cause the ROC remains to be seen since their demise. I wish I could bring 98-00 back. Oh well, "Lean wit it, Rock wit it" lol, I guess. 5000
JAY-Z made that nygga! (HE HAD TO GET THE SHALLOW SHYT UP OFF HIM!)
myspace.com/huggiebear901
BEEEEyCH!
I bet hes washin his socks now where is the money for his flops at ???????????????
thas what happens when u floss and show ya ass TOO much
u end up Millionare Broke (my term for this type of situation)
good luck to Dame tho
keep ya head up playa
and Wiz10l its
- <h1> BE EZ
"This speaks volumes to the consequences of splitting with Jay, who recently sold the company they created together" -- news isn't supposed to be biased.
u stole this lil story topic, i been seen this on another site days ago...u changed up a lil this n that but get original cuz i'll expose ya
Dame Dash keep ya head up. You still got more money than me.
Quit calling first.
Who is dame dash again?
Dipset Fan Base now look, Ya'll boss broke, soon to come fo ya'll...But Dame and Jay split was Nasty. Dat was a hot Dynasty ya dig? I mean who gonna come harder dan that ever again? oh yea 1stttttttt!!!!!!!!!!!!!!!!!!!!1 lol
Camron brought the only other other platinum album outside of Jay-z's to the Roc-a-fella label. That's why Dame invested in Camron.
^^^^That's not why Dame invested in Camron. Cam didn't go platinum till he got to roc-a-fella. Dame and Cam go way back. that's why he invested in him.
Everything that Dame does is K-Mart. Pro-Keds, State Property Movies, Ultimate Hustler, they're all low budget projects.
DAME DASH IS ONE OF THE MOST, IF NOT THE MOST, INSIGNIFICANT NIGGA IN HIP HOP
WHY ARE WE EVEN TALKIN ABOUT DIS CLOWN
dash you need to fix up...
Cam wasn't the only one to go platinum besides Hov'...anyone ever heard of Kanye West? and with everybody else goin gold, the roc was on top!
I can see in the future Jay giving Dame a job, lets bet money on it.
Dame my man what happened ? What happened to the crutches ? Apply the grind that you had when trying to launch Roc-A-Fella and you will be "caking up" -your words- in no time again .
INDOE
RUGGED ONES
Are ya'll delusional or something? Camron's album came out in 2002, Kanye did'nt come
out until 2004. Who cares if Cam's only platinum album came on Rocafella? That's the
reason Jay-z should have been more respectful to Camron. Did Freeway ever go plat?
Beanie Siegel? What did ''Jay-z's Chain'' do for them?
KNOW I WONDER WHERE ALL THE JAY-Z HATERS AT.. THE MAN IS SMART"JAY-Z" HE KNOWS HOW TO PLAY HIS CARDS.. AND AS DAME CAN SEE TOO MUCH FLASHING AND BIG HEADNESS DOESNT GO FAR WHEN YOUR ALONE... DAMN DAME GET IT TOGETHER
ha you cant help but laugh at him atm anyway! but yeah i reckon he will bounce back from all of this, this is just a bad run for him atm
but jay will be laughing at him and i think he desevers to gloat
d-love, you're a fool.Jay-Z did exactly what you do to dumb street clowns like Camrun, pay them no attention.Camrun's "Come Home with Me" album didn't even sell half of what Jay-Z's "The Blueprint 2 The Gift and The Curse" did, so Dame trying to give this idiot the President position at the Roc behind Jay's back was a stupid move.Freeway and Beans both went gold, and Cam will never see that again in his life time.What did the Roc chain do for them, gave them there gold albums and it's the reason why they still have careers,unlike Camrun who flop trying to used Jay's name to boost his dead career, now he trying to do the same thing with 50 Cent.
Uh-ohhh, y'all done got the ROC fans started...
fuck dame dash
smh @ u guys riding wagons, never met dame a day in ya life sayin fuck him...
;;;;;;;;;;;;;;;;;;;
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IF HE THE ULTIMATE HUSTLER HE WILL BE OKAY
THAT BOY JAY -Z SITTIN NICE DAMN DAMN U GOTTA COME UP
real nigga dont mess up da pages fool yh one more time dame dash FIX UR SELF UP U DONT NEED JAYZ JAS FIX UP
Damn sad to see a grown man go bankrupt. I bet Jay got 129 messages on his answering machine from Dame saying lets squash this stuff.
Jay on a race to a billy he on a race to a half a milly...ROC bitches. skillz signing out
damn man i love dame but i guess since yall keep mentioning about dame going behind jay's back with dat cam shit i guess dat means yall don't know the other thing dame did which is the other reason they split if yall did than damn but anyway love em both and i hope one of these days they work this bull shit out fo'reel
Evil Dre I never said Cam's sales compared to Jay-z's sales. I'm saying Camron
brought platinum success to the Rocafella label something that other Rocafella
artists didn't do until Kanye.You say Beanie Siegel and Freeway still have careers?
You are the fool.
youtube.com/user/simonpheonixxx
myspace.com/andariakatheboyace
check me out....im tired of hearin suckas cry about this sheet....
i got some freestyles and battles on my youtube page....im comin outta DC ...and will be on 106 and park next month...