News Brief
Rapper 50 Cent May Become Big News Corp. Shareholder
May 19, 2008, 7:30 AM
The San Francisco Chronicle says rapper 50 Cent may be signing a deal with MySpace Records for $300 million. If a deal is signed, his G-Unit Records and its artist roster will move under News Corp.'s MySpace Records umbrella. According to reports, half of the $300 million deal will be in stock, which would render 50 Cent one of News Corp.'s largest shareholders.
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