Magic Johnson buys stake in VIBE magazine

By The Hip Hop WriterHip Hop Vibe Staff WriterIn the time since he retired from the NBA, Magic Johnson has become a successful businessman. Johnson is always looking for new ventures to invest in. Late in 2009, there were rumors of Magic Johnson entering the publishing business.A little over a year later, Magic Johnson is indeed in the publishing business, but it is not Ebony. Instead, Magic

Rick Ross signs Maybach Music's first female artist

By The Hip Hop WriterHip Hop Vibe Staff WriterFor months, Rick Ross has been pouring a great deal of his energy into his Maybach Music imprint. He has snagged a number of artists from major labels. Last month, the major labels took notice and offered deals to Ross for the label. Along the way, Rick Ross' mentors, Diddy and Jay-Z, put together solid proposals for Maybach Music. Close Ross friend,