September 21, 2000 11:21

DOTCOM - BELIEVE THE HYPE!

Financial services firm [b]JP Morgan & Co[/b] seek the [a]Public Enemy[/a] frontman's expertise...

DOTCOM - BELIEVE THE HYPE!
Public Enemy frontman Chuck D was in Britain last night, advising City investors on changes in the music industry, nme.com can reveal.

The controversial rapper was flown over as the guest of financial services firm JP Morgan & Co to advise its City clients on the likelihood of success among the new dotcom companies and their impact on the music business in general.

Speaking from London's glitzy Savoy Hotel, where he was staying for his visit, Chuck told nme.com: "I was over here giving my take on the digital revolution and how music is going to be distributed. The panel talked about the future of music, and whether investors continue to keep their faith in the major record companies or do they spread the gospel - and I'm hoping that they spread the gospel."

As previously reported on nme.com, the rapper is a staunch supporter of file-sharing on the Internet and has been outspoken in his defence of companies like Napster and MP3.com that offer free downloads. When asked about the incongruity of such an anti-establishment icon as himself jumping into bed with the British banking fraternity, he added: "Well, if they're gonna get anybody, they're gonna have to get me, because I've been dealing with this issue heavily for five years."

The rapper revealed he was also hoping his trip would attract investment from the City for his new Internet label Slam Jamz, in the same way former Creation boss Alan McGee used the London stock market to raise #15million in capital for his new Poptones venture.

Read More On This Artist

Public Enemy Merchandise
More News
Calvin Harris scores fifth Official Singles Chart Number 1 with 'Blame' featuring John...
Grandmaster Flash accidentally tagged in Facebook updates by grandmas
Madonna's Diplo-assisted album slated for a 2015 release
The Vines' Craig Nicholls: 'I was very big-headed'
Amy Winehouse statue unveiled in Camden
Karen O joined onstage by Yeah Yeah Yeahs bandmates at New York solo gig
Sound City Studios owner Tom Skeeter dies
Miley Cyrus shares cover of Led Zeppelin's 'Babe I'm Gonna Leave You' - listen
Brett Anderson: 'Suede were styled accidentally by Oxfam'
Frank Ocean's father sues Def Jam co-founder Russell Simmons for $142 million
Tyler, The Creator compares U2 album to 'like waking up with herpes'
Mac DeMarco covers Burt Bacharach's 'This Guy's In Love With You' - watch
Kings of Leon confirm Music City Food and Wine Festival line-up
Florence And The Machine to make live return at Neil Young charity concert
Nicki Minaj performs 'Flawless' with Beyoncé live in Paris - watch
Crystal Fighters confirm death of drummer, Andrea Marongiu
Man pecked to death by crows in Slipknot's video for 'The Devil In I' - watch
Sam Smith adds extra London date to 2015 UK tour.
Jack White 'conceived and created 'Would You Fight For My Love?' video in 24...
Jake Bugg contacted by hero Don McLean five years after writing original fan letter
Mariachi El Bronx announce new album 'Mariachi El Bronx (III) - hear first song now
Karen O teams up with Spike Jonze and Elle Fanning for 'Ooo' video - watch

More News

Comments

Please login to add your comment.

Featured Videos
Latest Tickets - Booking Now
 
Know Your NME
 

 
NME Store & Framed Prints
Most Read News
Popular This Week
Inside NME.COM
On NME.COM Today