L.A. Reid's name has been dragged through the mud over the Bobby Shmurda bail issue.
Hip Hop fans across the globe are disgusted with Reid over the fact that Epic won't pony up the money to bail Bobby out of jail. Dame Dash sees things differently though.
According to Dash, fans across the globe need to see the big picture on the Bobby Shmurda issue, and if they did they would know that Reid can't bail Bobby out of jail.
Dame says that Shmurda’s situation is unfortunate and he the young MC should of been instructed on how the industry works.
“I think it’s unfortunate when someone is as young as he is and people make money off of him, that no one explains to him exactly what the business is,” Dame Dash said. “And not understanding that when people are making money off you, once they can’t make money off you anymore, they’re not your friends no more. They’re not looking out for you no more. You understand what I’m saying? I know there was an expectation that L.A. Reid should have bailed him out or at least Epic should have bailed him out. And what I was explaining earlier was, number one, when someone in the music business—An artist is always in debt. They’re always giving you an advance against what you’re gonna sell. So, what I can see—And again, I don’t know exactly what it is. But if you were to ask me and I could give you an educated guess…When you give someone an advance. And then you have to put money into selling the record.”
He later went on to mention that Reid is not in charge so he can't cut the check to make it happen without approval. He argues red-tape with people in charge who have no connection to Bobby are the reason Epic hasn't bailed him out.
“You gotta understand something, L.A. Reid works for Epic,” he said. “And Epic is run—Well, number one, Epic is owned by Sony. Sony is a Japanese company that uses British people to run American people. So, L.A. Reid will probably have to go and ask…whoever it is that runs Sony…who then has to ask someone who’s Japanese…And I don’t think someone Japanese gives a fuck about somebody black through a British, a L.A. Reid, down to the hood, to give more money. And they may have not recouped their money yet.”
Sounds like Dame may have a point. After reviewing the talking points, do you think we have been to hard on L.A. Reid, or does the label need to tighten up and address this issue regardless?