Frager Factor

Tuesday, May 27, 2014

Hey, Stop Hating On "50": Things Are Looking Up In Da Club

Photo: TheDomains
Hey guys… give him a break. You try communicating through those grills to 3,467,502 followers with $140 million stuffed in your pocket!

According to Wikipedia "50" resides in Farmington, Connecticut, in the former mansion of ex-boxer Mike Tyson. The former drug dealer and shooting victim, consistently ranked among the richest figures in the American hip hop scene. In 2014, Jackson was ranked the fifth richest figure in American hip hop with a net worth estimated at $140 million.

"50" (aka Curtis Jackson), had a hard life and perhaps was too distracted to pay much mind to grammar and high school English. He was raised solely by his mother, Sabrina, who gave birth to him at the age of fifteen. 50 Cent stated that his mother worked as a cocaine dealer and was a lesbian. The line "Coming up I was confused, my mommy kissing a girl" from "Hate It or Love It" featuring The Game also refers to his mother's sexuality. In 1983, she became unconscious after having consumed a drugged drink and eventually died as a result of the gas in her apartment turned on amidst closed windows.

Following her death, Jackson moved into his grandparents' house with his eight aunts and uncles. He recalls, "My grandmother told me, 'Your mother's not coming home. She's not gonna come back to pick you up. You're gonna stay with us now.' That's when I started adjusting to the streets a little bit".

After leaving drug dealing to pursue a rap career, he was shot at and struck by nine bullets during an incident in 2000. Throughout his music career, Jackson has sold over 30 million albums worldwide and won several awards, including a Grammy Award, 13 Billboard Music Awards, six World Music Awards, three American Music Awards and four BET Awards.

But his anthem InDaClub has given the dance industry wings. It now out-grosses traditional shows in Las Vegas.

“In America, dance music is booming,” Tiësto told FORBES after the show. “At the moment … it’s the most exciting genre.”

According to Forbes, The Dutch DJ earned $32 million over the past 12 months, good enough for second place on this year’s Electronic Cash Kings list—the top spot goes to Calvin Harris who pulled in $46 million. Like Tiësto, he played well over 100 shows and picked up nightly fees in excess of $200,000, but ranks No. 1 thanks to hits penned for the likes of Rihanna and LMFAO, as well as a hefty publishing advance.

“The rise of dance music has been astronomical in the last three years,” he tells FORBES. “I happened to be in the right place at the right time.”

Here are the ten top grossing D]'s:

10. Kaskade, $16 million
9. Skrillex, $16 million
8. Armin van Buuren, $17 million
7. Afrojack, $18 million
6. Avicii, $20 million
5. Deadmau5, $21 million
4. Swedish House Mafia, $25 million
3. David Guetta, $30 million
2. Tiesto, $32 million
1. Calvin Harris, $46 million

Forbes made it a point to say that Harris made more than Jay-Z or Katy Perry this year, showing that EDM can bring in as much cash as pop and hip hop. Harris’ earnings include cash from gigs played at the Las Vegas club Hakkasan as well as songwriting and producing credits for pop stars like Rihanna.

In addition to the record spinners, Trade publication Nightclub & Bar revealed its 2014 list of the nation’s 100 top-grossing nightlife venues, with Las Vegas once again dominating the rankings with 24 local hotspots making the list.

That total is up three from last year, with seven of the Top 10 earners calling Las Vegas home. Fifteen Las Vegas nightclubs, bars and lounges placed in the Top 30, with XS at Encore taking the top spot once again this year with a record-breaking annual revenue of $90 million-$95 million, up from last year’s $80 million-$90 million.

XS at Encore: $90 million-$95 million

Marquee at the Cosmopolitan: $85 million-$90 million

Hakkasan at MGM Grand: $90 million

Tao Nightclub at the Venetian: $50 million-$55 million

Surrender at Encore: $45 million-$50 million

LIV Miami Beach: $45 million-$50 million

Pure at Caesars Palace: $30 million-$35 million

Lavo New York $30 million-$35 million

Story Miami Beach: $25 million-$30 million

Lavo at Palazzo: $25 million-$30 million

2012 total revenue: $25 million-$30 million

Claire Hart

Beyond the Top 10: Other Las Vegas venues that made the list

11. Haze at Aria: $25 million-$30 million

13. Tryst at Wynn: $20 million-$25 million

14. 1 Oak at the Mirage: $20 million-$25 million

Honorable mention: Light at Mandalay Bay

24. Chandelier Bar at the Cosmpolitan: $15 million-$20 million

25. The Bank at Bellagio: $15 million-$20 million

26. LAX Nightclub at Luxor: $15 million-$20 million

42. Chateau at Paris: $10 million-$15 million

48. Ghostbar at Palms: $10 million-$15 million

61. Moon at Palms: $5 million-$10 million

73. Drai’s Afterhours: $5 million-$10 million

79. Lagasse’s Stadium at Palazzo: $5 million-$10 million

80. Body English at Hard Rock Hotel: $5 million-$10 million

88. Gold Boutique Nightclub at Aria: $5 million-$10 million

94. Lily Bar & Lounge at Bellagio: $5 million-$10 million

96. Stoney’s Rockin' Country: $5 million-$10 million

Unquestionably there is lots of money to be found in "Da Club" and "50" isn't the worst association one could have to exploit it. Besides, you don't want to cross "50" by exploiting his image without consent.

In July 21, 2007, Jackson filed a $1 million lawsuit against advertising company Traffix Inc. of Pearl River, New York for using his image in a promotion which he claimed threatened his safety. He became aware of the Internet advertisement after one of his staff members saw it on a MySpace page. 

According to court documents, the advertisement features a cartoon image of the rapper and the message, "Shoot the rapper and you will win $5000 or five ring tones guaranteed". Although the advertisement did not use his name, the image allegedly intended to resemble him, suggesting he endorsed the product. The lawsuit calls it a "vile, tasteless and despicable" use of 50 Cent's image that "quite literally calls for violence against him". The lawsuit seeks for unspecified punitive damages and a permanent injunction against the use of his image without permission.

About The Author: Owen Frager is an Internet marketing expert ready to help take your company to the next level.

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