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DatPiff Owner MediaLab Buys Genius for $80M

The company has had a series of high-profile partnerships with major music streams — from a lyric deal with Spotify to display context behind songs, to a built-in Apple Music player on the Genius website — and even launched its own livestreaming platform last year called Genius Live. But none of its initiatives were enough to move its valuation up in the past few years. The result is a sale that will come with job cuts. “We are restructuring the way in which original content is produced at Genius and as part of that some very talented individuals on the content and production teams were let go,” MediaLab said in a statement to Bloomberg. MediaLab says it will invest in the “community platform” as it focuses on emerging artists for the platform. MediaLab owns a small group of co...

A$AP Ferg Says He Can’t Be Kicked Out Of A$AP Mob, Likens The Group To The Mafia [Video]

Source: WENN/Avalon / WENN Unity is still an ongoing concern for many of Harlem’s Rap collectives. It seems one in particular is still going through it. As spotted on Hype Beast the speculation surrounding the A$AP Mob continues to be a hot topic. In a recent interview with Genius A$AP Ferg explained that he still very much a core member of the group. When detailing the lyrics behind “Big A$AP”, the track he promised that would explain the inner turmoil but missed the mark by a longshot, he said that music beef can’t separate the crew. “I don’t think there’s no breaking up of the Mob,” he said. “It’s like, once you’re in the Mob, you can’t get out. This is blood in, blood out… because it’s not a contractual thing that makes me Mob. We was Mob before music.” He would go on fu...