Damon Dash sued over Reasonable Doubt NFT

EXCLUSIVE: Damon Dash, co-founder with Jay Z of Roc-A-Fella Records, has been involved with a few reality television series including WEtv’s Growing Up Hip Hop and BET’s Ultimate Hustler.

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CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the court order barring Damon Dash from auctioning an NFT that the Roc-A-Fella record label claims is an attempt to sell off copyright in Jay-Z’s ‘Reasonable Doubt’ album that he does not own, and the private Universal Music share deal that edges it closer to a public stock market listing.SECTION TIMES01: Jay-Z NFT (00:7:38)02: Universal Music (00:23:57)(Timings may be slightly

Jay-Z has announced details of his first ever NFT, which has been created to celebrate 25 years of his debut album ‘Reasonable Doubt’.The NFT, created in collaboration with artist Derrick Adams, is called ‘Heir To The Throne’, the original title for the New York rapper’s legendary debut album that came out on June 25, 1996.The original artwork will be auctioned off in association with Roc Nation and Sotheby’s auction house.

Jem Aswad Senior Music EditorTo celebrate the 25th anniversary of Jay-Z’s iconic debut album “Reasonable Doubt,” the rapper has commissioned multi-disciplinary artist Derrick Adams to create a one-of-one animated digital artwork that recontextualizes the album’s cover, which will be auctioned off by Sotheby’s as an NFT in a special single-lot auction.

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A judge in New York yesterday issued a temporary restraining order telling Damon Dash that he is currently “restrained and enjoined from altering in any way, selling, assigning, pledging, encumbering, contracting with regard to, or in any way disposing of any property interest in [Jay-Z’s debut album] ‘Reasonable Doubt’, including its copyright and including through any means, such as auctioning a non-fungible token (‘NFT’) reflecting such interests”.

Jay-Z‘s ‘Reasonable Doubt’ as an NFT (non-fungible token).It comes after the label sued Dash on June 18, claiming that he was attempting to sell virtual ownership of the copyright to the rapper’s 1996 debut album.Dash has disputed that he was trying to sell the rights to the album, but, according to the complaint, investor platform SuperFarm said otherwise in its announcement.“SuperFarm is proud to announce, in collaboration with Damon Dash, the auction of Damon‘s ownership of the copyright to

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Damon Dash is hitting back.

A.D. Amorosi When TMZ reported on June 19 that Roc-A-Fella Records was suing its co-founder Damon Dash for his attempt to auction off his one-time friend Jay-Z’s 1996 album, “Reasonable Doubt,” as an NFT, questions arose immediately.

JAY-Z‘s ‘Reasonable Doubt’ as an NFT.The famous rap label, which has also been home to Kanye West, Cam’ron and Beanie Sigel, alleges that Dash cannot legally sell Jay’s 1996 debut album as the rights to it belong to the label, reports TMZ.According to court documents filed by attorney Alex Spiro and seen by TMZ, Dash’s attempted auction has since been cancelled, and that the mogul is “frantically scouting for another venue to make the sale”.Following news of the lawsuit, Dash told TMZ that the

Damon Dash is being sued by his and JAY-Z's former record label, Roc-A-Fella Records.According to court documents obtained by ET, the record company is claiming that Dash, one of its co-founders, is attempting to sell the copyright to JAY-Z's debut album. JAY's attorneys allege that Dash is trying to auction off the album as an NFT — a non-fungible digital token — without permission.

Damon Dash is being sued by his and Jay-Z‘s former record label, Roc-A-Fella Records.