‘Sean “Diddy” Combs, the Black American rapper and producer, has made a surprising move by returning the publishing rights of Bad Boy Entertainment, the label he founded, to the artists and songwriters who helped build it.
At the peak of the record label’s valuation, Bad Boys Entertainment was worth over $100 million. Some of the artists who have already signed agreements to regain these rights include Ma$e, Faith Evans, the LOX, 112, and the Estate of the Notorious B.I.G, Variety News said.
While specific financial details are not immediately available, these rights are said to be worth hundreds of millions of dollars.