Entertainment Mogul Partners With Lifestyle Brand

Waka Flocka / Classic DRO Hoodie

“Hip-Hop and entertainment mogul Waka Flocka Flame has entered into an ownership agreement with Los Angeles lifestyle brand DRO® … a streetwear brand who designs bespoke garments … influenced by hip-hop and street culture which compliment Waka Flocka's music style and personal brand.”

Wacka Flocka further adds, "I truly believe in this company, the team, and expertise behind DRO® and together we are going to make this the next biggest lifestyle brand in the world."

“DRO® multi-faceted product strategy spans across apparel goods (DROLIFE), and technology products (DRO TECH). DRO® selected retail partner can expect monthly apparel offerings with new hip hop artist collaborations.” >> DRO®.

Entertainment Giant Acquires Music Publishing Assets

Sony Corporation of America has signed a binding “memorandum of understanding,“ with the Estate of deceased entertainer Michael Jackson, to acquire full ownership of Sony/ATV Music Publishing LLC - the other 50% interest in Sony/ATV("Beatles" catalog) held by the Estate - for total payments of $750 million dollars.  The given transaction will not affect continuing and substantial interests, of the Jackson Estate, including these other music assets: Jackson master recordings, Mijac Music publishing company, and EMI Music Publishing ownership stake.  John Branca and John McClain, Co-Executors of the Estate add,

"This transaction further allows us to continue our efforts of maximizing the value of Michael's Estate for the benefit of his children….It also further validates Michael's foresight and genius in investing in music publishing… as evidenced by the value of this transaction, is considered one of the smartest investments in music history."

Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets.  For more information visit SONY.