Jay-Z finally speaks up in feud with Damon Dash over 'Reasonable Doubt' masters
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Jay-Z is strategically securing the future of his iconic debut album, "Reasonable Doubt," as Damon Dash plans to auction his stake in Roc-A-Fella Records.
The rapper's attorneys have filed official paperwork confirming that the master recordings of the 1996 album will revert to Jay-Z, legally known as Shawn Carter, in 2031.
This development is particularly significant given that Dash's third of Roc-A-Fella is set to go up for auction on August 29, with a starting bid of $1.2 million.
The label's primary asset is "Reasonable Doubt," making this legal filing a crucial factor for potential buyers to consider.
The legal filing is a stark reminder that whoever wins the auction will only have a limited time to profit from the album's revenue.
After 2031, all rights to "Reasonable Doubt" will belong solely to Jay-Z, effectively diminishing the long-term value of Dash's shares.
While Jay-Z and Damon Dash have had their differences over the years, this move isn't driven by personal animosity.
It's simply a business decision, as the rights to the album would have returned to Jay-Z 35 years after its release anyway.
Jay's team is merely formalizing this inevitable transition.
For those eyeing the auction, this is a clear warning: the clock is ticking, and the financial benefits tied to "Reasonable Doubt" are on borrowed time.
Jay-Z's strategic foresight ensures that the iconic album will ultimately be his once again.
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