The family of DMX, real name Earl Simmons, has shut down rumors circulating online claiming that Beyonce and Jay-Z bought the late rapper’s master recordings for $10 million.
The 50-year-old iconic rapper passed away last week after a stint in an intensive care unit following a heart attack triggered by a drug overdose at his home on April 2. He was rushed to the hospital and kept on life support for a week but after tests showing no brain activity, the life support machine was turned off.
Certain reports had it that power couple Jay-Z and Beyonce had bought the rights to DMX’s master recordings in order to secure royalty payments for the rapper’s 15 children. Others claimed to be raising money for DMX’s memorial service in a crowd-funding effort. They say the rumors are false.
There have been a few rumors following our loved one Earl Simmons’ passing that we’d like to clear up. No one has bought Earl’s masters. Additionally, we are not selling any merch or raising money for Earl’s funeral. If anyone is requesting for money for his funeral please be aware the person is a scammer. We will keep the public posted on funeral/memorial service arrangements.
It’s unclear who currently owns DMX’s master recordings, but the bulk of his commercial success came on Def Jam, where he made his major-label debut in 1998 with “It’s Dark and Hell Is Hot” and stayed through 2003’s “Grand Champ.”
Meanwhile, streams of the late music legend’s tunes have rocketed by 928 percent since his passing on April 9. A total of 75.7 million audio and video streams were counted on April 9 and 10, compared to 7.36 million on April 7 and 8.