Tuesday, May 03, 2011

Grand Hustle in Scale Back Mode


Since T.I.'s been in jail his record label, Grand Hustle, has had to scale back big time but contrary to rumor Grand Hustle hasn't folded, so says T.I.'s partner and Grand Hustle co-CEO Jason Geter...


Jason tells Billboard
"Number one, Grand Hustle is definitely not dismantled, we unfortunately did downsize [on staff] and relocate. We're doing business, just in a lighter way. A smarter way, due to our current situation."

"We don't have much business to do, not much going on, why pay people when unfortunately there's not much going on? Same thing that the major labels are doing, it's no different. Supply and demand, at the end of the day. It's just the way of the business."

"It's no secret we've taken hits, back to back, with Tip's absence [serving out his prison term]." Downsizing and relocating was the best move, he said, and one that was discussed with T.I. "We're partners, we talk about everything, no matter if he's in or he's out. It's Grand Hustle, so we communicate with one another."