Diddy has A Lot to Say About The Absence of Black CEOs in Major Record Labels

Diddy has A Lot to Say About The Absence of Black CEOs in Major Record Labels

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Sean “Diddy” Combs has a lot to say about the efforts to promote black executives in major record labels. In the cover story of Variety Magazine, Diddy shared his thoughts on the music industry and the lack of investment into black executives. Via his interview for the magazine, Diddy says, “You have these record companies that are making so much money off our culture, our art form, but they’re not investing or even believing in us. White music executives capitalizing on the success of urban culture.”

Diddy continues to go on about the way black executives in the music industry is kept away from top positions. According to Variety Magazine Diddy states, ” For all the billions of dollars that these black executives have been able to make them, [there’s still hesitation] to put them in top-level positions.” He also says, “they’ll go and they’ll recruit cats from overseas. It makes sense to give [executives of color] a chance and embrace the evolution, instead of it being that we can only make it to the president, senior VP.”

The #MeTo has been in the spotlight for some time now and Diddy also talked about this and the struggle of African-Americans. Diddy touches basis on what to expect from him in the future. His main focus now is to support other labels, other musicians. He also wants to go from being on stage to actually being the stage while still having that same Bad Boy attitude.

Source: Variety Magazine

Written By: Fantasia Harvey