Was I the only one who thought that the idea of buying a radio station was a horrible investment??? That’s the equivalent of buying a newspaper or print magazine. Those industries are just trying to stay afloat.
Emmis Communications, owner of WQHT Hot 97, shot those rumors down.
The story started after Hot 97’s Funkmaster Flex ranted about Jay Z, specifically his website Life + Times. Life + Times reached out to Flex for an interview on his involvement with Dipset’s reunion. Flex turned around and called the site “trash” and claimed that his ideas for his mobile app were stolen by Jay Z via a Life + Times interview and used for his Magna Carta Holy Grail Samsung app. Blah blah, blah…
Then…MediaTakeOut went on to speculate that Flex’s beef with Jay stemmed from Jay’s involvement in a deal to buy the station with a group of investors, also including New York Knicks star Carmelo Anthony.
My two-cents: Really ….
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