CCR Entertainment airs out industry veteran Chris Schwartz

The conversations surrounding the rates for music streaming by the U.S. Copyright Royalty Board have to do with as brain-numbing as they get. The music service is at chances with a few of the biggest corporations on the planet. In this controversial disagreement over the billions of dollars in royalties that streaming services produce. Nothing less than the future of the music industry and the songwriter’s monetary security are at threat.

With that being stated, wars in the industry over cash, publishing, and royalties are regular. And here we go once again with more business-related issues. A current label arrangement gone awry has Chinga Chang Records, likewise referred to as CCR Entertainment, in a state of aggravation. The CEO of CCR Entertainment positions a great deal of the blame on industry veteran Chris Schartz, CEO of the rap label Ruffhouse, for the failure of a possible offer for rap experience Dave East that has actually turned sour. The El Camino “Walk By Faith” and Kool G Rap’s “Half A Klip” jobs, both of which got a lots of pre-orders however for which no cash were made, were likewise a considerable problem in this difference.

CCR Entertainment Drops Receipts Like It’s Tax Season

As the cut-throat industry doesn’t seem slowing down anytime quickly, the CCR camp has actually released a declaration.

“Chris made millions in the 90’s discovering the Fugees, which was his breakout on Ruffhouse. Later on down the line he has worked with DMX, Beanie Sigel and more prominent names. Things have changed for Chris as he is now homeless. Using his wax company as a Ponzi scheme to pay his rent.”

Additionally, an agent from CCR includes on:

“Chris Schwartz does shady business, we hate to make this public, but as a business professional this is very shady and he should be avoided at all cost. He made a lot of history but this is definitely a stain on his legacy. I trusted him with everything and he’s a bonafide thief, I will not be shocked if he is not jailed or institutionalized in the near future”.

Although CCR ENT (Chinga Chang records) is headquartered in Philadelphia, their CEO has actually invested the previous 4 years in China, where he has actually made considerable development. El Camino, a Griselda member, launching a record, and DJ Premier launching a single, all from Zhengzhou, China. His proudest accomplishment was arranging a Mac Miller homage celebration with 600 participants to benefit Mac’s Circles Foundation, which was likewise participated in by Mac’s moms and dads. Overall, the climbing up cumulative is keeping their foots on the industry’s neck.CCR Entertainment airs out industry veteran Chris Schwartz