Hip Hop Moguls
The Role of a "Mogul" with in the Hip Hop Culture and Rap Music Before I can clarify the role of a mogul, one must understand what a mogul is. Webster's dictionary defines a mogul is as a person of rank, power, influence, or distinction often in a specified area. Miranda Jane and Jerry L. Barrow also give their definition of a mogul they said, "These are multi-faced, wealthy, entrepreneurs who often own and operate many business at one time." ("99 Ways to get by in Hip Hop") Within these definitions key words stand out such as power, influence, wealthy, and entrepreneurs. These words are all characteristics of a mogul; especially those of the hip hop community.There are many successful individuals who have created their riches from the music industry, but only a hand selected few are considered hip-hop moguls. These individuals are, Russell Simmons CEO of Defjam, Percy Miller CEO of No Limits Records, Sean Combs CEO of Bad Boy Records, and Damon Dash CEO of Rocafella Records. Being the owner and chief executive officer (CEO) of a record label doesn't automatically qualify a person as a hip-hop mogul, but being the owner and chief executive officer is a common denominator between these moguls. These moguls are highly re
In Jeffery McKinney's article "Rags to Riches", he talks about how hip hop moguls used groundbreaking designs and star power to challenge major clothing labels and became a force in the $164 billion dollar fashion industry. In this article, McKinney writes about Sean Combs and his clothing company SeanJohn. 175) Bakari also breaks down the seven elements of the political agenda for the HipHop generation education, employment and workers' rights, reparations, economic infrastructure in urban communities, youth poverty and disease, anti-youth legislation, and foreign policy. And Damon Dash runs Team Roc, a basketball program for children. "("The half-billion-dollar hip hop empire of Russell Simmons) One of the major factors of creating these profitable companies is the global effect that it creates. Kevin Chappell writes, "In fact, the world of hip-hop has been so low key that you would never had known that the music is as hot as ever, that one out of ever ten records sold in America is hip-hop, that eighty percent of the hip-hop buyers are now White. )" ("Fight the power") He also started the Hip Hop Summit, were he promotes political action in youth around the country, as he pushes voter registration. Baraka writes, "Today, what started out as No Limit Records, a small record store that Miller financed with inheritance money has mushroomed into a mammoth empire that produces and sells everything from music and films (including 1997's "I'm Bout It" and 1998's "I Got the Hook Up") to clothing and shoes, to toys and wireless communication services and devices. " ("Hip Hop Moguls: Beyond the Hype") This cultural phenomenon surpassed country music in 1998, to become the third best selling music genre behind rhythm and blues and rock. She says, "But for Simmons, business is politics and politics is business, so it's essential that while he hawks voter registration he also hawks his latest product. It's hard to think of a better ally for the governor of ivory-white Vermont than young black America's most formidable potentate. "("Q & A with P") Sean Combs has also dabbled in the movies; in "Bad Boys II" he was the executive producer. "("Compassionate Capitalism") She also writes, "Simmons has spent his life enumerating the ways that hip-hop's energy can be converted into dollars.
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Acceptance Essays
