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What went down with the G-Unit Clothing and Mark Ecko split
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Topic: What went down with the G-Unit Clothing and Mark Ecko split (Read 150 times)
Elano
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What went down with the G-Unit Clothing and Mark Ecko split
«
on:
February 15, 2008, 07:48:09 AM »
We got the straight up scoop on what went down with 50's G-Unit Clothing and his partnership with Mark Ecko enterprises. As all of the hip-hop sites have been reporting, G-Unit Clothing and Mark Ecko dissolved their 50/50 joint partnership which led to the shutting down of G-Unit Clothing and layoffs of their staff last Friday. My sources straight from the MAGIC Convention in Vegas this week tells me the following....
It was assumed the partnership was called off because G-Unit Clothing is not profitable, but turns out that is not the full story. What we have seen lately with the majority of 50's businesses is a shift from corporate control to owner-control. 50 and Interscope launched G-Unit Films a couple of years back but terms left 50 splitting revenues with Interscope and without much ownership power. So what does 50 do? He launches his own film company this year that will allow him greater owner-control and a larger share of profits.
On the internet side, Interscope and other various sites were capitalizing on the growing hip-hop web scene and while a cut was provided to 50, the content and direction was not under his control nor were ad revenues. So what does he do? He launches thisis50.com, his own dedicated website that has become so profitable that he has moved people over from his label to work on the site instead.
The word with G-Unit Clothing is that while the partnership is over, it was actually time for 50 to part ways. The truth is with 50's current branding power and knowledge gained of the fashion and garment industry, he doesn't really need Ecko anymore. Just like with his film company and website, 50 plans to shift his fashion line from corporate control to owner control. As his Violator Management has said “They aren’t shutting down. They may be leaving their partner, but the G-Unit brand is a base business of $75 million annually." 50 will relaunch a new fashion line that will allow him greater creative control and financial backing for him to take a larger share of profits.
Everyone in the industry expects, and should expect a revamped clothing brand from 50 in the near future. Early plans for the clothing line include a fully integrated launch with thisis50.com and even having some of his new clothing in future movies that he produces. Pretty smart if you ask me. 50's recent moves have shown he is willing to make smart financial risks all while building his own empire that is directly controlled by himself. Bottom line, no more splitting profits with his corporate partners...this is 50...he's taking it all.
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dstyle
'G'
Posts: 243
Karma: 14
Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #1 on:
February 15, 2008, 08:51:41 AM »
Gunit clothes suck, and I bet its gonna suck even harder now
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they call me old school I dont take as an insult look at the new school NO THANK YOU
Nine - B east
Furor Teutonicus
Muthafuckin' Don!
Posts: 1470
Karma: -145
aka Dr. Jan Itor
Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #2 on:
February 15, 2008, 08:59:36 AM »
50 would sell his son for some bucks
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You Ain't Shit
Muthafuckin' Don!
Posts: 884
Karma: -43
DPGC-WSCG-4LIFE
Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #3 on:
February 15, 2008, 09:43:03 AM »
this isnt 50 doing this shit, he hires white people who do it, who are actually educated.
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R1ZE
Muthafuckin' Don!
Posts: 2903
Karma: -8
Do 4 Love
Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #4 on:
February 15, 2008, 12:34:01 PM »
Quote from: dstyle on February 15, 2008, 08:51:41 AM
Gunit clothes suck, and I bet its gonna suck even harder now
honestly... They're pretty much the same as all other ecko shit, except with G-Unit on it instead of the Rhino. They have alot of good shit, but people hate on it cause its 50
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Last Edit: February 15, 2008, 03:49:57 PM by R1ZE
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www.iRize.ca
K.Dub
Magic
Muthafuckin' Don!
Posts: 12676
Karma: 1119
Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #5 on:
February 15, 2008, 01:42:49 PM »
Ecko >>>>>>>>>>>>>>>>> G-Unit clothing
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kemizt
WestCoasta
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Re: What went down with the G-Unit Clothing and Mark Ecko split
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Reply #6 on:
February 15, 2008, 02:56:23 PM »
oh no, I gotta switch styles now
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What went down with the G-Unit Clothing and Mark Ecko split
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